NFT of The Beatles’ Hey Jude written notes fetch £60k at auction February 9, 2022 A non-fungible token (NFT) of Paul McCartney's handwritten notes for the Beatles’ song Hey Jude has sold at auction for nearly £60,000.
2001 named best year for top hit albums February 8, 2022 New research has revealed that 2001 produced the highest number of albums appearing in the top 250, including hits like The Strokes’ ‘Is This It’, Jay-Z’s ‘The Blueprint’ and Bjork’s ‘Vespertine’. The study by Convertr.org analysed the top 250 albums on AlbumOfTheYear.org and found that the albums released that year averaged out a score of 87.9 out [...]
KKR turns music catalogues from the likes of Stevie Nicks and The Weeknd into bonds February 7, 2022 Investment firm KKR is set to turn a catalogue of 65,000 songs – including hits from The Weeknd, Stevie Nicks, and Childish Gambino – into bonds as it looks to sell more than $732m (£542m) of asset-backed securities supported by publishing and sound recording royalties. Late last year, KKR – via its new Chord Music [...]
Heart Radio trumps Radio 1 by 2m listens February 3, 2022 Heart – the UK’s biggest commercial radio brand – celebrates its highest ever listening figures, for the second consecutive quarter with 10.3m listeners now tuning in each week – over 2m more listeners than Radio 1. The UK’s biggest commercial radio brand continues to grow in reach, hours and share, and welcomes nearly a quarter of a million new listeners as the nation tuned in [...]
Warner Music Group scrap unrecouped label balances for heritage acts as streaming hits artists hard February 1, 2022 Warner Music Group and Universal Music have announced they will be introducing a “legacy unrecouped advances program”, cancelling out unrecouped label balances from thousands of artists.
Nirvana urges US judges to dismiss ‘naked baby’ lawsuit for good February 1, 2022 Nirvana has urged a US judge to dismiss the ‘naked baby’ case for good as the lawsuit lingers on.
Spotify faces the music amid Rogan row January 31, 2022 How the streaming giant may have taken its podcast push too far
CMA launches probe into music streaming market January 27, 2022 UK competition watchdog launched a study this morning asking whether the music streaming market is working well for music lovers. In the UK, more than 80 per cent of recorded music is now listened to via a streaming service rather than using traditional physical media like CDs and vinyl. Linking the creators making the music [...]
Stripe and Spotify pair up to help creators better monetise on subscriptions January 25, 2022 Stripe has partnered with Spotify to help podcasters accept payments, launch recurring revenue streams, and deepen connection with fans.
Now we got Bad Blood: Taylor Swift hits out after Gorillaz’s frontman Damon Albarn questions her songwriting January 25, 2022 Taylor Swift fights back against Blur's former frontman and lead vocalist of Gorillaz Damon Albarn after he suggested she didn’t write her own songs.