Music Business Archives - Page 2 of 4

Luminate’s 2023 Music Report: Only 33% for Millennials Who Listen To Reggae and Afrobeats Go To Concerts

According to the Luminate Year-End Report of 2023, a mere 33% of millennials who appreciate Reggae and Afrobeats actually prefer attending concerts and other entertainment events linked to the culture. The Report

10/01/2024

Music Business·Music Report·World Music

Billionaire Banker Michael Lee-Chin Says Owning Bob Marley’s Archives Was Too Risky To Invest

Billionaire banker Michael Lee Chin, who made his fortune investing in Jamaica’s National Commercial Bank, was once on a path to becoming a major player in the music business, according to his

28/12/2023

Catalogs·Exclusives·Interview·Music Business

Exclusive: Omi Wins Copyright Infringement Lawsuit For ‘Cheerleader (Felix Jaehn Remix)’, Millions Still Frozen

Millions of dollars in publishing royalties for the Billboard Hot 100 No. 1 song “Cheerleader (Felix Jaehn Remix)” by global star Omi have been frozen since November 2020, according to court documents

13/12/2023

Legal·Music·Music Business

The Business of Jamaican Music: Ownership, Tours, Unpaid Royalties, and The Streaming Evolution

Backing band member Nigel Staff recently dismissed the notion of independence within the Jamaican music industry, directing his critique towards the CEO of this publication, albeit in a somewhat disjointed manner. In

29/11/2023

Dancehall·Editorial·Music Business·Record Label News·Reggae

IFPI Report: Music Fans Say Yes To Artificial Intelligence Now, But Only With Permission and Transparency

On November 27, 2023, IFPI, the global representative of the recording industry, unveiled insights from the most extensive study of music fans worldwide, “Engaging with Music 2023,” shedding light on attitudes toward

27/11/2023

Music Business·Music Report

Hipgnosis Songs Fund is in search of a new auditor, facing legal actions

Hipgnosis Songs Fund is in search of a new auditor after PwC declined to reapply for the position. PwC, the company’s auditor since its establishment in 2018, indicated a non-participation stance in

23/11/2023

Music Business

Broadcast Music, Inc. (BMI) Sold To Private Equity Company New Mountain Capital

The New York Times reports that Broadcast Music, Inc (BMI), a major music licensing agency representing artists like Kanye West, Shakira, Taylor Swift and Kendrick Lamar, has agreed to sell itself to the

22/11/2023

Music Business

TikTok Users Are High Spenders: Music Impact Report 2023

The 2023 TikTok Music Impact Report was released on November 21. Among the findings is how globally TikTok’s unique engagement model is resulting in users sharing new music content on social or

21/11/2023

Music Business·Music Report·TikTok

Spotify’s 2024 Royalty Changes: What It Means for Afrobeats, Reggae and Dancehall Artists

Reggae- Dancehall, Afrobeats artists and other music rights holders may soon see less royalties from Spotify as the platform roll out a new payment model starting 2024. For artists with a strong

25/10/2023

Music Business·Spotify

Max Romeo, Sampled By Jay-Z, Says Universal Music Group Owes Him 47 Of Years Royalties

Jamaican roots reggae musician Max Romeo known for chart success in Jamaica and the U.K. has broken his silence on a US$15 Million lawsuit filed against Universal Music Group for royalties owed to him

04/10/2023

Legal·Music Business·Uncategorized

Music Made So Much Money Last Year Top Executives Like Lucian Grainge Received $30 Million Bonuses

Billboard’s 2022 Executive Money Makers report, focusing on stock ownership and compensation, sheds light on the hefty rewards that flowed into the hands of music industry leaders. However, not all parties are

26/09/2023

Music Business

Forensic Musicologist Brian McBrearty Says Steely and Clevie’s Reggaeton Lawsuit ‘Is Just Silly’

Forensic Musicologist Brian McBrearty says he believes the copyright lawsuit filed by Steely and Clevie against the reggaeton community is ‘silly‘ and has no clear basis for protection under U.S. law. The riddim making

20/09/2023

Music Business

Music Business - Page 2

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