UPDATE:Following publication,sources with intimate knowledge of the situation claim toRolling Stone that while reps for Dylan did have early conversations with Mercuriadis, UMPG was the only company in which a potential deal was discussed in detail. **** Prior to taking his deal with Universal Music Publishing Group, Bob Dylan turned …
Read More »New Venues, High-Tech Concerts: AEG's Plan to Come Out of Covid Stronger Than Ever
Depending on who you ask, live music won’t be back in full force for months, seasons, or even several more years. Even after a Covid-19 vaccine rolls out around the globe, it’ll be a while before concert tours can reassemble and restart. So AEG, the largest music promoter in North …
Read More »Can the Recording Academy Make the Grammys Shine Again?
Sign up to receive your free exclusive Grammy Preview magazine for next year The most sensational moment of the 2020 Grammys took place a week and a half before the ceremony. With hundreds of artists and music executives en route to Los Angeles for the January 26th awards show and …
Read More »This Israeli Tech Company Wants to Beam Music to Your Ears
Innovators in the tech world have spent years trying to become the first to win over the masses with a private listening experience that doesn’t require traditional headphones. Sony’s Future Lab group tried it in 2016 with its “Concept N” product, which used miniature directional speakers and looked like a …
Read More »Sandbox Entertainment's President and CEO Jason Owen — Future 25
In an earlier life, Jason Owen worked in television for visionaries like Aaron Spelling. Now as one of Nashville’s most influential managers, he’s taking what he learned from the 90210 creator to revive country music’s long-standing history with TV — and maybe catapult the next real superstar in the process. …
Read More »U.S. Music Revenue Reached $11 Billion in 2019, But It's Still Not at Its Peak
American music fans racked up an unprecedented one trillion streams in 2019, drawing in $28.2 million per day for the U.S. music industry. Yet that’s still not enough to take the industry back to its CD-era glory days. The Digital Music Association (DiMA) — a trade body whose membership comprises …
Read More »Can Neil Young Sue Donald Trump Into Silence?
Can Neil Young successfully sue Donald Trump over the usage of his music at rallies? As with so many recent controversies in music, it all comes down to a tricky copyright issue. Young filed a lawsuit against Trump’s campaign Tuesday, claiming that the president and his campaign team lack the …
Read More »Logic Signs a Seven-Figure Streaming Partnership with Twitch
Logic has signed an exclusive deal with Twitch to become the company’s first musician signing, the video game livestreamer announced on Monday — the latest milestone in Twitch’s growing music presence that has expanded amid the coronavirus pandemic. Without getting into specifics, Logic told The Verge the new deal is …
Read More »Music Magnate Jimmy Iovine Is Wading Into the Fashion Business
Will music business icon Jimmy Iovine become fashion’s next mogul? Iovine announced this week that he and his wife Liberty Ross, a model and actress, have made a majority investment in ready-to-wear women’s fashion brand The Vampire’s Wife. The news comes three months after FaZe Clan, an online retailer of …
Read More »British Execs Are Ruling Music. So What Can the U.S. Learn From the U.K.?
British executives are flying high in the global music business. The leaders of Universal Music Group (Sir Lucian Grainge) and Sony Music Group (Rob Stringer) are both Brits, as is the global head of recorded music at Warner Music Group (Max Lousada). Elsewhere — global A&R at Kobalt is run …
Read More »