Celebrated pop-rock band Coldplay has just given a sold-out concert in Budapest – and they were joined on stage by a record player and an “Eco Record” produced by Sonopress.
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Under UMG's new regional structural initiative, their East Coast Record Labels, including Def Jam Records, have combined to organize "Republic Corps." This article talks about the new structure of both the company and the changes in management with the changes that have come along with this organization, as well as its affects on UMG as a whole. What do you think of this change in UMG? What do you think it means for record labels in the future? David Philp #musicindustry #music #universalmusicgroup #umg
UMG’s East Coast Labels Reorganize as ‘Republic Corps’ With New Structure
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New Post: Believe’s Board Invites Warner Music Group to Make Them an Offer - https://lnkd.in/g7FutBgQ - Believe’s board of directors on Monday (Mar. 25) asked Warner Music Group (WMG) to submit a formal bid for the French music company after stating that French financial regulators found an offer by a group that includes Believe CEO Denis Ladegaillerie violated certain securities rules. WMG said earlier this month that it approached Believe in February with a non-binding offer to combine the two companies at a price of “at least” 17 euros ($18.60) per share. It now has until Apr. 7 to “submit a binding, unconditional and fully financed offer,” according to a statement from Believe’s board. Related Believe Revenue Rose 16% in 2023 on Streaming Growth & Expansion in Developing Markets 03/25/2024 Soliciting a take-over bid to compete with an offer by the company’s own chief executive is uncommon and signals an escalation in the fight for control of Believe. In its statement, Believe’s board said the bid from Ladegaillerie and investment firms EQT X and TCV was “not compliant with the rules governing tender offers.” Ladegaillerie and the investors had offered to take Believe private at a price of 15 euros per share — or roughly 1.523 billion euros ($1.64 billion) for the company. Upon learning of WMG’s approach, the consortium tried to speed up the acquisition process by waiving a condition that the board’s ad hoc committee receive an independent expert report into the financial fairness of their offer. A review by the French financial regulatory body, Autorité des marchés financiers (AMF), stated the group could not waive this condition. “The Board must permit…that all shareholders of Believe have the option to take advantage of the best possible offer, to the extent such offer is reasonably likely to be successful,” the board said in a statement earlier this month. Believe owns a large label services business, digital distributor TuneCore, publishing administration service Sentric and a stable of record labels including Naïve, Nuclear Blast and Groove Attack. The company’s business model is built around helping to develop artists and using digital marketing and distribution to impact local charts. In 2023, the company posted revenue of 880.3 million euros ($952.8 million at the average exchange rate), up 15.7% from the prior year helped by geographical expansion and strong streaming growth. - #news #business #world -------------------------------------------------- Download: Stupid Simple CMS - https://lnkd.in/g4y9XFgR -------------------------------------------------- or downloa
Believe’s Board Invites Warner Music Group to Make Them an Offer
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Have you noticed the emerging trend of artists delaying their streaming release dates and opting to release LPs and CDs first? This approach isn't limited to small, DIY artists—even major artists are adopting this strategy and seeing substantial financial gains. This shift is so significant that Billboard recently covered it, prompting Disc Makers CEO Tony van Veen to explore the topic in today’s video. He discusses: • The rationale behind delaying digital releases in favor of physical products • Seven key benefits for artists and their fans • The evolving landscape of album release strategies • Best practices for optimizing your LP/CD/streaming release schedule If you’re looking to maximize the impact of your next album release, this video is a must-watch. https://lnkd.in/emsB9Tny #indiemusic #musicbusiness #musiclife #indiemusician #musicbiz #discmakers #spotify #newrelease
Why big artists are waiting to stream their music
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• Do commercial radio companies now have something else to worry about as Christian music stations are amassing larger audiences. • EMF bought all those distressed radio stations for pennies on the dollar, now look at their plan to compete with commercial broadcasters. • Jesus takes the dial but commercial broadcasters answer to a higher power. • The real threats of EMF Christian music formats to their competitors. • The way to beat non-coms at their own game. https://lnkd.in/gwW748Dk
Inside Music Media
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Experienced Entertainment Attorney; Former Chair @ ABA Forum on Entertainment & Sports; Co-Editor, The Essential Guide to Entertainment Law; Former President of the Virginia Board of Education; Entertainment Law Lecturer
JKBX, founded in 2022, is aiming to democratize music royalties by bringing investment opportunities to the masses. The company plans to list more investments and build a new asset class, according to CEO Scott Cohen. Check out the Wall Street Journal article to learn more. #musicinvestment #investing #assetclass
You Can Now Buy Shares in Music by Beyoncé or Taylor Swift
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New Post: In Canada: Drake’s OVO Sound Partners With Santa Anna and Tokyo Police Club to Break Up - https://lnkd.in/gwHUq_HJ - Global superstar Drake is making moves to expand his influence. His OVO Sound label has announced a new partnership with the Santa Anna Label Group, an artist and label services company launched by Sony Music last year. Through the partnership, OVO will remain a distinct label with its own roster, but will benefit from distribution, marketing and promotion, A&R services, finance and accounting, and more from the American company. Santa Anna is a new venture, launched in January 2023 by Sony Music and Alamo Records CEO Todd Moscowitz, with the goal of helping artists and entrepreneurs to develop their businesses within the industry. This isn’t Moscowitz’s first encounter with the Toronto label: the industry executive was CEO of Warner Records in 2012, when OVO was originally founded under the Warner banner. Related Merck Mercuriadis Exits CEO Role at Hipgnosis Song Management 02/02/2024 “After 10 years, it’s exciting to reunite with the OVO Sound team to collaborate on new ways to support their impressive roster of artists,” Moscowitz said of the new partnership. “Together, I look forward to working with a best-in-class management team to develop opportunities to help scale their business and take their artistry to new heights.” OVO was founded by Drake, producer Noah “40” Shebib and manager Oliver El-Khatib. The roster includes popular Toronto talent like Majid Jordan, DVSN and PARTYNEXDOOR, and is headed by former Warner A&R executive Mr. Morgan. This new announcement comes after Majid Jordan’s fall 2023 release of the duo’s latest LP, Good People, and ahead of PARTYNEXTDOOR’s P4, expected soon. The OVO brand — October’s Very Own, named after Drake’s birth month — includes live music at OVO Fest and a brick-and-mortar clothing store in Toronto, as well as the label. In the decade-plus since OVO’s launch, the label has largely focused on Canadian acts, though they also represent Dutch artist (and their first female signee) Naomi Sharon. The partnership indicates that Drake’s business ambitions are only growing. Will OVO expand its focus beyond Canada? Or will the new investment be directed towards discovering new artists like they did recently with 6ixBuzz collaborator Smiley? –Rosie Long Decter Vancouver-Based Beatdapp Partners with Universal Music Group to Detect Fraud Vancouver-based Beatdapp has become the leading streaming fraud detection company in the music industry today after successfully raising C22M in growth financing and newly announced partnerships with SoundExchange, Napste
In Canada: Drake’s OVO Sound Partners With Santa Anna and Tokyo Police Club to Break Up
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In this revealing video, the inner workings of the traditional music industry are laid bare, offering insight into a reality that still resonates in today's digital era of streaming services. Despite technological advancements, the narrative remains unchanged: artists often get paid last, caught in a cycle of debt and hardship. Even today, unless one possesses the star power of figures like Jay Z or Taylor Swift, signing with a traditional record label can lead to these struggles. It's a sobering reminder that behind the glitz and glamour, the journey of many recording artists is fraught with challenges that transcend time and technology. #musicindustry #musicbusiness #recordlabels
How The Music Industry Works
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This is a really interesting article - particularly the point about industry infrastructure.
What does it take for us to create a pop star in Singapore? A timely CNA piece by Grace Yeoh with insights from living legends like Kit Chan, Kevin Foo, Inch Chua, Sezairi Sezali, Josh Wei, and Leonard Soosay. As a person that's spent most of my adult life so far building the music scene here, Grace's article really hits home for me. There's so much more we can do but we need artists, labels, broadcasters, and the government to work together and stay focused.
IN FOCUS: Can Singapore produce a music icon who commands Taylor Swift's levels of success and adulation?
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After all the blood, sweat and tears it took to finally get your #NewMusic out into the world, it’s finally time to get as many people to listen to it as possible! Here's what to after getting it online: https://bit.ly/3Q8rHXE #MusicMarketing #MusicIndustry
What To Do After Making Your Music Available Online - Symphonic Blog
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18 000+ MULTI PLATINUM PRODUCER & COMPOSER 4 MAJOR LABELS - LICENSING - MOVIES, TRAILERS , SPOTS, ARTISTS
Attention! Advert agencies and music supervisors. From the album CROWD CUES! Who doesn´t freak out with massive stadium anthems with epic music and modern approach? Well here you have it. Licensing inquiries: licensing@eatraxx.com #eatraxx #crowds #stadium #modern #cues #licensing #adverts #advertisingagency #musicsupervisors #onestop #epic
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