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Pop music: What's happened to the money, money, money?

Pop music: What's happened to the money, money, money? | Musicbiz | Scoop.it

As Lily Allen claims pop stars don’t get paid enough, we examine the economics of today’s music industry

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Drake’s More Life was streamed 300 million times on Apple Music in its first week

Drake’s More Life was streamed 300 million times on Apple Music in its first week | Musicbiz | Scoop.it

Drake’s latest project More Life was streamed 300 million times worldwide in its first week on Apple Music, Republic Records tells The Verge, surpassing the 250 million streams the label ...

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Facebook set to challenge Spotify with 'comprehensive music strategy'

Facebook set to challenge Spotify with 'comprehensive music strategy' | Musicbiz | Scoop.it

Mark Zuckerberg's company is hiring for three new senior music licensing roles

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This new digital music store could change the way we pay artists

This new digital music store could change the way we pay artists | Musicbiz | Scoop.it

Paolo Fragomeni can play half a dozen instruments and owned around 4,500 LP records and a thousand 45s at the peak of his vinyl collection. When wanderlust took over, he digitized ...

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Spotify Officially Hits 50 Million Paid Subscribers

Spotify Officially Hits 50 Million Paid Subscribers | Musicbiz | Scoop.it

Spotify, the world's largest music subscription service, today announced a major milestone: 50 million paid subscribers.

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Global Recorded Music Revenues Grew By $1.1 Billion In 2016

Global Recorded Music Revenues Grew By $1.1 Billion In 2016 | Musicbiz | Scoop.it

Following on from the global market share numbers we released on Sunday, here are our findings regarding the growth of the overall market. Throughout 2016 as the major label earnings were coming in there was a growing awareness that 2016 was going to be a landmark year for the record music business.

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Global Recorded Market Music Market Shares 2016

Global Recorded Market Music Market Shares 2016 | Musicbiz | Scoop.it

MIDiA and Music Business Worldwide have been tracking record label and publisher financial releases throughout 2016.

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Universal posts record revenues for 2016 - as streaming overtakes physical sales

Universal posts record revenues for 2016 - as streaming overtakes physical sales | Musicbiz | Scoop.it

Major now pulling in $4.5m a day from streaming alone

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The Music Industry is more innovative than it thinks!

The Music Industry is more innovative than it thinks! | Musicbiz | Scoop.it

The music business should be prouder of its pioneering spirit, argues TheLynk's founder, former head of digital at EMI and Warner Music France

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Warner Music just joined the $1bn streaming record company club

Warner Music just joined the $1bn streaming record company club | Musicbiz | Scoop.it

Total recorded music revenues up 8%; publishing revenues at Warner/Chappell up 7%

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After 15 years of decline, France's recorded music market returns to growth

After 15 years of decline, France's recorded music market returns to growth | Musicbiz | Scoop.it

France’s recorded market returned to significant financial growth for the first time in 15 years in 2016.

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Mixtapes & Money: Inside the Mainstreaming of Hip-Hop's Shadow Economy

Mixtapes & Money: Inside the Mainstreaming of Hip-Hop's Shadow Economy | Musicbiz | Scoop.it

The business behind the hip-hop mixtape, and how a raid on DJ Drama's studio in 2007 kickstarted a whole new industry that, 10 years later, is itself facing the music.

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Quick Take: A Big Deal Benefits Both Sprint And Tidal

Quick Take: A Big Deal Benefits Both Sprint And Tidal | Musicbiz | Scoop.it

News just emerged that SoftBank owned Sprint has acquired a 30% take in Tidal, reportedly for $300 million against a valuation of $600 million. The valuation seems on the high side, but a big ticket investment works well for both parties. According to MIDiA’s latest survey data from December 2016, just 2.7% of consumers in the US, UK, Australia …

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U.S. Cassette Album Sales Increased by 74% in 2016, Led by 'Guardians' Soundtrack

U.S. Cassette Album Sales Increased by 74% in 2016, Led by 'Guardians' Soundtrack | Musicbiz | Scoop.it

Cassette album sales in the U.S. grew by 74 percent in 2016, buoyed by the "Guardians of the Galaxy" soundtrack, as well as tapes by Justin Bieber, The Weeknd, Eminem and Prince.

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Is the record business treating 'old' music with the respect it deserves?

Is the record business treating 'old' music with the respect it deserves? | Musicbiz | Scoop.it

BMG boss Hartwig Masuch discusses the industry's 'disproportionate' treatment of catalogue releases

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Why Drake’s More Life Is The New Normal In Streaming

Released over the weekend after much delay, Drake’s More Life project is setting records across the board on streaming platforms. The Canadian artist described More Life as ‘a body of work bridging the gap between major releases’ and positioned the release as neither a mixtape nor an album …

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Drake has generated more than $50m on Spotify

Drake has generated more than $50m on Spotify | Musicbiz | Scoop.it

News arrives just as artist's "More Life" lands as a non-Apple exclusive

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Can Music Exec Lyor Cohen Bridge the Divide Between YouTube and the Music Industry?

Can Music Exec Lyor Cohen Bridge the Divide Between YouTube and the Music Industry? | Musicbiz | Scoop.it

One February afternoon, Lyor Cohen shows me around the soundstage at YouTube Space LA.

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10 years of SBTV: the YouTube channel that undercut the music industry

10 years of SBTV: the YouTube channel that undercut the music industry | Musicbiz | Scoop.it

With a grainy recording of a college rap battle, Jamal Edwards started an £8m empire that released the talent of British estates and emboldened a generation of black British artists

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Jamal Edwards: YouTube's grime reaper | Matt Munday

Jamal Edwards: YouTube's grime reaper | Matt Munday | Musicbiz | Scoop.it

He’s the music mogul who started his own YouTube news channel and is getting into movies. Jamal Edwards tells Matt Munday why he’s only just beginning…

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Four Companies That Could Buy Spotify

Four Companies That Could Buy Spotify | Musicbiz | Scoop.it

For much of 2016 it looked nailed on that Spotify would IPO in 2017 and that the recorded music industry would move onto its next chapter, for better or for worse. The terms of Spotify’s $1 billion debt raise (which mean that Spotify pays an extra 1% on its 5% annual interest payments every …

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How Jimmy Iovine Plans to Take Apple Music to New Heights

How Jimmy Iovine Plans to Take Apple Music to New Heights | Musicbiz | Scoop.it

Jimmy Iovine built a trailblazing label. Now he’s aiming for new heights as he forges a content plan for Apple Music.

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Sony Music earned $1.2bn from streaming platforms in 2016

Sony Music earned $1.2bn from streaming platforms in 2016 | Musicbiz | Scoop.it

Major label is now generating around $167k every hour from Spotify, Apple Music et al

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Facebook Hires YouTube's Tamara Hrivnak to Lead Global Music Strategy

Facebook Hires YouTube's Tamara Hrivnak to Lead Global Music Strategy | Musicbiz | Scoop.it

The hire may be another indication that the social media platform is preparing to explore deeper partnerships with the music business.

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Spotify and Apple Music will struggle in China. Meet the reason why...

Spotify and Apple Music will struggle in China. Meet the reason why... | Musicbiz | Scoop.it

Tencent's Andy Ng gives his view on the global market exclusively to MBW

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Smashed by Spotify, can TIDAL find a future which doesn't end badly?

Smashed by Spotify, can TIDAL find a future which doesn't end badly? | Musicbiz | Scoop.it

How long can Jay Z afford to bankroll his minnow of a streaming service?

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