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music business

  • ‘I’m so sorry’: Adele reschedules Las Vegas residency the day before

    January 21, 2022

    Adele has rescheduled her Las Vegas residency a day before it was due to start due to COVID-19 complications and crew shortages.

  • I’m Still Standing: Elton John resumes retirement tour after two-year hiatus

    January 20, 2022

    Elton John resumed his "Farewell Yellow Brick Road" tour, returning to the stage in New Orleans after a nearly two-year hiatus.

  • Smells like legal spirit: ‘Nirvana baby’ reignites lawsuit against naked album image

    January 14, 2022

    The man who was pictured as a baby on the cover of Nirvana's Nevermind album has reignited his lawsuit against the 90s band after his initial case was dismissed. 

  • Out Of Our Heads: The Rolling Stones bag stamp collection for band’s 60th anniversary

    January 11, 2022

    The Royal Mail has announced it will launch of 12 stamps to commemorate 60 years of the iconic rock band The Rolling Stones.

  • Podcast platform Audioboom hits high note with 125 per cent revenue boost

    January 10, 2022

    Nick Candy-backed podcast Audioboom records a revenue boom of 125 per cent, making it the fourth largest publisher in the US.

  • Independent music companies continue to call on competition watchdog to address streaming platforms

    January 5, 2022

    Independent music companies are calling on the competition watchdog to look into streaming platforms renumeration structures as pressure begins to mount on the industry.

  • Absolute Radio and Jazz FM broadcasters secured for another decade as government renews licences

    January 5, 2022

    Radio lovers will be able to enjoy the best of the UK’s national commercial broadcasters’ content through free-to-air digital radio for the next decade as the government gives Ofcom the power to renew two national commercial radio multiplex licences - Digital One and Sound Digital.

  • More artists are benefiting from streaming than they did from CDs according to new data

    January 4, 2022

    Official figures released by record labels’ association the BPI show that more artists are succeeding as streaming and the music industry boomed in 2021.

  • Vinyl purchases at highest level since 1990 with ABBA and Amy Winehouse classics leading the comeback

    December 29, 2021

    Physical records have made a 2021 comeback, with over five million LP vinyls purchased over the past 12 months – a jump of eight per cent or higher on 2020 and a 14th consecutive year of growth since the format’s low point in 2007. 

  • Warner Music buys 300 Entertainment for $400m

    December 17, 2021

    Warner Music has announced the purchase of 300 Entertainment, the label behind artists such as Megan Thee Stallion and Mary J. Blige. Even though both companies did not disclose the deal’s value, sources told Reuters it amounted to around $400m. “[Warner Music] is the perfect home for 300 artists and our team, as we invest [...]

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