Music Business Archives - Page 2 of 4

Sean Paul, the most streamed Jamaican artist on Spotify globally for 2023

Latin America Leads Growth Surge with 19.4% Revenue Increase in Global Music Market

The global recorded music industry experienced remarkable growth in 2023, with revenues surging by 10.2%, according to the latest data from the International Federation of the Phonographic Industry (IFPI) 2024 Global Music

21/03/2024

Music Business

Bob Marley, Buju Banton, Shenseea, Shaggy, Sean Paul Music To Be Pulled From TikTok as UMG Licensing Negotiations Breakdown

Bob Marley‘s music is set to be pulled from TikTok tomorrow as Universal Music is poised to remove its songs from the ByteDance owned platform following a breakdown in negotiations over payment.

30/01/2024

Catalogs·Music Business

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 Business - Page 2

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