2016 ON TRACK TO BE THE FIRST YEAR THE RECORDING SALES GROW SINCE THE ’90S

2016 ON TRACK TO BE THE FIRST YEAR THE RECORDING SALES GROW SINCE THE ’90S “This feels like the music industry is succeeding despite itself” Amid stories of doom and gloom about how the proliferation of streaming services is splintering the recording industry, new figures have emerged suggesting that those very business models could prove…

FORMER AEG LIVE HEAD RANDY PHILLIPS TO REPLACE ROBERT SILLERMAN AS CEO OF SFX

FORMER AEG LIVE HEAD RANDY PHILLIPS TO REPLACE ROBERT SILLERMAN AS CEO OF SFX Former AEG Live CEO Randy Phillips might be appointed head of SFX Entertainment. The chapter 11 bankruptcy court proceedings for electronic music conglomerate SFX Entertainment have gone less than smoothly, but a proposed leadership switch may change matters. Sources informed The…

SOURCES CLAIM SOUNDCLOUD IS LOOKING TO SELL FOR $1 BILLION

SOURCES CLAIM SOUNDCLOUD IS LOOKING TO SELL FOR $1 BILLION The company is in the early stages of deliberation Speculation regarding the future of Soundcloud has long been discussed, whether the company is receiving investments, signing deals with record labels, or implementing new features. Now the German company, which many believe is trending downward, is…

Apple and Spotify Continue Their War

Apple and Spotify Continue Their War The nitpicking and gripping continue between the two music streaming services of Apple andSpotify. While this topic of discussion isn’t new by any means, their argument has been taken to the next level by Apple’s latest actions. Back it late May, Apple refused to allow Spotify’s latest update into…

SoundCloud to add video advertisements to US applications

SoundCloud to add video advertisements to US applications SoundCloud is rebounding from prior losses through strategic restructuring. The company recently received a $70 million investment from Twitter, and are entering the paid subscription arena with “SoundCloud Go,.” Because of this, SoundCloud is slowly moving toward a profitable future, while also ameliorating its free services that placed it among the top streaming…

GIORGIO MORODER RETURNS TO CASABLANCA RECORDS

GIORGIO MORODER RETURNS TO CASABLANCA RECORDS via Press Release: Academy Award®- and Grammy Award®-winning pioneer of disco, Giorgio Moroder, returns home to Casablanca Records, re-signing to the label where he launched a dancefloor revolution. The 76-year-old electronic dance music icon is already gearing up to release new music through Casablanca later this summer. In 1977, Moroder made history with…

SFX Encounters New Financial Woes

SFX Encounters New Financial Woes SFX Entertainment just cant avoid bad luck. The large corporation has been in the news quite a bit recently but for all the wrong reasons. Debt, failing business ventures and bankruptcy is all we have heard about SFX the past couple years. A plan was set up for SFX to…

APPLE DISPELS RUMORS OF KILLING MUSIC DOWNLOADS

ndAPPLE DISPELS RUMORS OF KILLING MUSIC DOWNLOADS Recently, we reported Apple’s rumored plans to eliminate music downloads from their business model. Now, Apple has spoken up regarding the alleged statement. It’s quite unlike the company to publicly address rumors, but this speculative strategy made its rounds through the internet rather quickly and caught some serious attention….

WMG IS THE FIRST MAJOR LABEL TO CITE STREAMING AS THEIR LARGEST SOURCE OF REVENUE

WMG IS THE FIRST MAJOR LABEL TO CITE STREAMING AS THEIR LARGEST SOURCE OF REVENUE Warner Music Group just made history. Today in the company’s second quarter earnings report, CEO Stephen Cooper made the following announcement: “Just five quarters ago, streaming was the third-largest revenue source in our recorded music business, behind both downloads and physical….

Beatport’s Auction Delayed To May 26th

Beatport’s Auction Delayed To May 26th SFX Entertainment, owner of famous download store and streaming service Beatport, has pushed back the date of Beatport’s auction from May 5 to May 26. “At the request of interested parties who require more time to finalize their bids, we have agreed to reschedule the Beatport sale hearing to…

JORGE BREA, CEO AND PRESIDENT OF SYMPHONIC DISTRIBUTION

JORGE BREA, CEO AND PRESIDENT OF SYMPHONIC DISTRIBUTION Jorge Brea provides artists with all the tools they need to get their music heard As the CEO and President of Symphonic Distribution, Jorge Brea plays a major role in getting music heard by the masses. He’s basically a middle man for budding producers to place their music at…

Universal’s Aftercluv Signs David Solano

Universal’s Aftercluv Signs David Solano Luis Estrada, Managing Director of Aftercluv, David Solano and Pedro Guzman, EVP of Aftercluv.COURTESY PHOTO Aftercluv Dancelab, Universal Music Latin Entertainment’s dance music imprint, is strengthening its crossover power with the signing of David Solano, the massive touring festival Life in Color’s resident DJ. Solano, who was born in Bogota, grew up…

Melomind headphones will teach you to relax

Melomind headphones will teach you to relax Melomind is the latest pair of headphones that does more than merely play music back to you. The brand claims to be a hardware and software product that facilitates relaxation every day and eventually, teaches users to relax when the headphones are off. The headphones come equipped with four electroencephalographic sensors,…

WHAT HAPPENED TO THE MUSIC

WHAT HAPPENED TO THE MUSIC? AN ANALYSIS OF THE INDUSTRY’S EVOLUTION L.E. Kalikow has seen it all, from the progression of Rock & Roll to the emergence of dance music with Disco, and the rise, fall, and rise again of vinyl. For over 35 years he served as President of Music Business Reference, Inc., and as a…

Billboard and Spotify team up for exclusive streaming partnership

Billboard and Spotify team up for exclusive streaming partnership The Billboard charts make their way to the streaming sphere, as per today’s announcement that the music platform is teaming up withSpotify for an exclusive partnership. The streaming service giant will enable playback of Billboard’s music charts, which clock in at over 75 different verticals. The…

Beatport and Scratch DJ Academy announce music education partnership

Beatport and Scratch DJ Academy announce music education partnership The impending auction of Beatport — mere weeks away at this point — has not prevented the site from announcing a new partnership with Scratch DJ Academy. The crux of this collaboration is to utilize Beatport’s online infrastructure as a means to allow aspiring DJ’s and…

SFX Puts Flavorus on the Auction Block

SFX Puts Flavorus on the Auction Block Bad news everyone… SFX Entertainment just can’t seem to catch a break this year. If declaring bankruptcy, cancelling multiple music festivals, having its own CEO step down, and even being court ordered to pay Artists upfront weren’t enough for you, it seems as though SFX is going to…

SKRILLEX’S BOOKING AGENT DROPS THE SECRET TO EDM’S FUTURE

SKRILLEX’S BOOKING AGENT DROPS THE SECRET TO EDM’S FUTURE Lee Anderson is a genius of the music industry. As Vice President of AM Only’s East Coast office, he’s had a hand in the rise of Zedd, Skrillex, Disclosure, Boys Noize, Tchami, and countless others, in addition to orchestrating tours like Dirtybird BBQ, Full Flex Express, and Disclosure’s Wildlife. In a recent…

UNIVERSAL MUSIC GROUP IS ‘OUT OF CONTRACT’ WITH YOUTUBE – SOURCES

UNIVERSAL MUSIC GROUP IS ‘OUT OF CONTRACT’ WITH YOUTUBE – SOURCES Universal Music Group is locked in a chilly negotiation period with YouTube, as the major’s long-running licensing deal with Google’s platform switches to a rolling basis. MBW understands that UMG’s licensing agreement with YouTube expired earlier this year, and currently seems a fair way…

SiriusXM reaches 30 million subscribers

SiriusXM reaches 30 million subscribers Satellite radio monolith SiriusXM has surpassed the milestone of 30 million subscribers. The Liberty Media-controlled station added 465,000 new subscribers in the first quarter of 2016, up from 431,000 in the same period a year ago. SiriusXM closed out March with 30.1 million subscribers. Liberty Media currently owns a 62%…

SFX FORCED TO RESERVE $15 MILLION SPECIFICALLY TO PAY ARTISTS

SFX FORCED TO RESERVE $15 MILLION SPECIFICALLY TO PAY ARTISTS Good news for artists could mean bad news for SFX. A large amount of money that the company could have really used to stay afloat has been ordered by U.S. Bankruptcy judge Mary Walrath to be allocated specifically to pay artists at SFX festivals and…

2Dutch Boutique Music Group joins forces with Armada Music

2Dutch Boutique Music Group joins forces with Armada Music AMSTERDAM, April 5th, 2016, Dutch boutique music group 2-Dutch announced its joint venture with Amsterdam-based record company Armada Music. Together, the two major dance music entities will continue Showtek’s Skink label and bring a whole new imprint to the industry: 2-Dutch Records. Soon to put out…

DEADMAU5 TELLS DEORRO TO “LEARN THE BUSINESS YOU’RE IN”

DEADMAU5 TELLS DEORRO TO “LEARN THE BUSINESS YOU’RE IN” Producer/DJ Deorro‘s Twitter is a constant source of both hilarity and forehead-gripping insight. His usual posts range from lofty and sometimes frustratingly straightforward pieces of life advice like, “Some will reach 80 asking if they could’ve done better with their life. Some will reach 80 saying they couldn’t…

WHICH MUSIC STREAMING PLATFORMS ARE WORTH PAYING FOR?

WHICH MUSIC STREAMING PLATFORMS ARE WORTH PAYING FOR? The music industry in 2016 looks very different to the way it did just a decade ago. To cope with the huge shift which is largely due to the internet and easy access, the music industry has had to adapt and to change. In 2015, for example,…

BANDCAMP HAS PAID ARTISTS $150 MILLION IN EIGHT YEARS

BANDCAMP HAS PAID ARTISTS $150 MILLION IN EIGHT YEARS The independent online music retailer has been self-funded and profitable since 2012 We have said it before in the past, but Bandcamp is proving to be the best outlet for artists and labels to reach their fans and turn a profit. According to Billboard, the online…

DEADMAU5 & MORE TAKE ACTION TO UPDATE OUTDATED COPYRIGHT LAWS

DEADMAU5 & MORE TAKE ACTION TO UPDATE OUTDATED COPYRIGHT LAWS Since 1988, when the Digital Millennium Copyright Act was first enacted, the Internet’s base of users has drastically inflated from just 200 million to 3.5 billion, according to RouteNote. Without a doubt, the interactions, capabilities and platforms currently occupying the web are a far different…

SFX CEO Robert Sillerman Officially Steps Down

SFX CEO Robert Sillerman Officially Steps Down Robert Sillerman‘s last day of acting CEO ended earlier this week after an announcement on March 29th. Even though he stepped down as Chief Executive Officer, he will remain Director of the Board. This news comes to no surprise after the public discovered that SFX filed for Chapter 11…

Robert Sillerman’s parting words as he officially steps down as CEO of SFX

Robert Sillerman’s parting words as he officially steps down as CEO of SFX On March 29, just two days before Robert Sillerman officially stepped down as CEO of SFX Entertainment, the music mogul shared his parting words with the company’s staff. In an emotional letter – perhaps the most honest thing Sillerman has written to date — he acknowledges…

SOUNDCLOUD RELEASES PAID SUBSCRIPTION SERVICE, SOUNDCLOUD GO

SOUNDCLOUD RELEASES PAID SUBSCRIPTION SERVICE, SOUNDCLOUD GO After years of speculation, SoundCloud has entered the paid streaming game with its new, hybrid service: SoundCloud Go. The service introduces a new tier of paid tracks to the streaming giant that includes the catalogs of three major labels and 20,000 independent labels. SoundCloud touts Go as having…

BEATPORT OFFICIALLY GOES UP FOR SALE, SEVERAL BUYERS INTERESTED

BEATPORT OFFICIALLY GOES UP FOR SALE, SEVERAL BUYERS INTERESTED SFX has officially begun the process of auctioning off online store Beatport, following the service’s loss of over $5 million in revenue and a prior statement that initial negotiations would begin in April. Earlier this month, the parent company revealed that in order to quell some of their heavy financial…

SoundCloud plans to monetize remixes to stand out against competitors

SoundCloud plans to monetize remixes to stand out against competitors SoundCloud has been in a state of flux over the past several years. As the independent – and free – streaming platform grew to be too big for major labels to ignore, pressure from industry giants to remove users’ content and profiles increased, both in…

THE 178 BEATLES SONGS PAUL MCCARTNEY IS RECLAIMING FROM SONY/ATV

THE 178 BEATLES SONGS PAUL MCCARTNEY IS RECLAIMING FROM SONY/ATV Sir Paul McCartney is in the process of reclaiming US publishing rights for a huge chunk of The Beatles’ catalogue from Sony/ATV. The U.S. Copyright Act of 1976 stipulates that writers of pre-1978 tracks can reclaim their US publishing rights – if they’ve previously signed…

Spotify to pay $30 million settlement in publishing lawsuit

Spotify to pay $30 million settlement in publishing lawsuit Spotify has reached a settlement with the National Music Publishing Association for unpaid royalties resulting in the platform’s hosting of unmatched songs. The payout is estimated to be between $20-$30 million with an independent accounting firm holding the embattled streaming giant accountable for accurately determining and disbursing backpay…

SONY DEAL DONE, HERE’S HOW SOUNDCLOUD CAN SURVIVE A BRUTAL STREAMING MARKET

SONY DEAL DONE, HERE’S HOW SOUNDCLOUD CAN SURVIVE A BRUTAL STREAMING MARKET SoundCloud is not a steady ship. With cumulative losses of €74.7m ($84m) between 2012-2014, the Berlin-based streamer is over-reliant on investment and under severe pressure to fix its business model. Two years ago, these losses wouldn’t have greatly worried SoundCloud co-foundersEric Wahlforss and…

SONY & SOUNDCLOUD FINALLY REACH A DEAL

SONY & SOUNDCLOUD FINALLY REACH A DEAL Sony Music Entertainment has not only licensed SoundCloud, but taken equity in the streaming business as part of the deal. The world’s second largest record company, Sony will not only receive stock inSoundCloud, but has also been invited to participate in the Berlin-based platform’s next funding round. Having…

SoundCloud may be a paid service within nine months

SoundCloud may be a paid service within nine months According to sources at Digital Music News, SoundCloud may launch a paid subscription service by October this year. The online streaming service currently is free to all users, though the company introduced audio ads in August 2014. The speculation is corroborated by the March 7 hiring of Allison…

THIS NEW FEATURE MAY PREDICT DANCE MUSIC’S NEXT BIG ARTIST

THIS NEW FEATURE MAY PREDICT DANCE MUSIC’S NEXT BIG ARTIST Do you rely on your tastemaker friends to provide you the hottest new tunes? Or perhaps a particular podcast of handpicked tracks to help you stay current? Well soon you’ll become the person ‘in the know’ with Spotify’s new tool that curates playlists based on…

TIDAL RECYCLES THEIR CFO AND COO ON THE HEELS OF MAJOR LAWSUIT

TIDAL RECYCLES THEIR CFO AND COO ON THE HEELS OF MAJOR LAWSUIT Yesterday, on a $5 million lawsuit facing Deadmau5 and Daft Punk-endorsed streaming service TIDAL, brought upon by Yesh Music regarding the alleged lack of payment for 116 of their client’s songs. Now, TIDAL has made the news once again by firing both their chief…

AVICII NAMED 6TH FASTEST-GROWING COMPANY IN EUROPE

AVICII NAMED 6TH FASTEST-GROWING COMPANY IN EUROPE We all know by now that many of the top DJs are more than just their music – they are a brand, a commodity, something that can be bought and sold and placed in various positions for wider mass appeal (see Empire Of The Sun for Honda). With…

RECORD LABELS WIN $22.2M IN LAWSUIT AGAINST MP3SKULL

RECORD LABELS WIN $22.2M IN LAWSUIT AGAINST MP3SKULL Music labels are in a constant war with illegal filesharing sites, and their newest battle has resulted in a major victory. A group of US labels filed a lawsuit against website MP3Skull.com, winning over $22 million in damages. The judge presiding over the case awarded the record labels maximum…

EDC HAS GENERATED OVER $1.3 BILLION FOR THE LAS VEGAS ECONOMY

EDC HAS GENERATED OVER $1.3 BILLION FOR THE LAS VEGAS ECONOMY In the year 2015, Electric Daisy Carnival made its fifth annual return to Las Vegas, Nevada. With open arms, Las Vegas brought in Insomniac Event’s massive festival after Los Angeles decided to part ways with it. A new study released from Beacon Economics prove…

UNIVERSAL MUSIC GROUP SEES ITS HIGHEST REVENUE IN A DECADE

UNIVERSAL MUSIC GROUP SEES ITS HIGHEST REVENUE IN A DECADE Unlike the treacherous, fiscal situations of organizations like Soundcloud, record label Universal Music Group is currently experiencing one of the most profitable periods in their history. According to Music Business Worldwideand Thump, the company earned a total of $5.6 billion in 2015 alone! This number comes as a…

SOUNDCLOUD BRANCHES OUT WITH NEW APP DEDICATED FOR MUSIC CREATORS

SOUNDCLOUD BRANCHES OUT WITH NEW APP DEDICATED FOR MUSIC CREATORS Reported this morning on Tech Crunch, Soundcloud’s newest tool in their musical arsenal is now available on iOS. Dubbed Soundcloud Pulse, the new app is dedicated to music creators and artists to help them interact with fans and track their analytics in a better way. The…

BEATPORT RECORDED $5.5 MILLION LOSS IN 2015

BEATPORT RECORDED $5.5 MILLION LOSS IN 2015 With the SFX financial troubles, this does not come as a surprise According to reports, the online music retailer Beatport recorded a loss of $5.5 million in 2015. The company was purchased by SFX Entertainment in 2013 for the sum of $50m. Now, Billboard reports that it’s revenue…

YouTube buys BandPage for $8 million

YouTube buys BandPage for $8 million YouTube has acquired BandPage for $8 million. The video streaming platform has been trying to win over the love of musicians, who are not too happy with the streaming world right now, due to lack of streaming royalties. With this new relationship, the service will attempt to solve the sole…

PANDORA IS PREPARING TO SELL

PANDORA IS PREPARING TO SELL It’s not the first time that Pandora’s viability has been questioned, but rumor has it that the OG music discovery service is working with Morgan Stanley to meet with prospective buyers. However, it’s a strange time for Pandora to be selling. The company’s market value is down to $1.7 billion, compared to $7…

Headphones That Actually Get You High

Headphones That Actually Get You High You may already think that music makes you happy, but Nervana has taken it to the next level and created headphones that allow you to feel the music like never before. They literally get you high while you listen. Using low power electric pulses, these headphones cause the brain…

Soundcloud Reports Nearly $60 Million In Losses In 2014

Soundcloud Reports Nearly $60 Million In Losses In 2014 2016 is upon us, and with the turn of the new year comes the memory of a distant claim made by streaming site Soundcloud about the addition of a new, paid service to be launched sometime in the coming months. Unfortunately for the company, this new…

Two Artists Follow Martin Garrix’s Lead, Announce Split from Spinnin’ Records

Two Artists Follow Martin Garrix’s Lead, Announce Split from Spinnin’ Records Martin Garrix cut ties with Spinnin’ Records and sister company MusicAllstars Management last August and now two other producers are following suit. Fellow Dutchman Julian Jordan announced his split from the label and management company yesterday morning (Feb. 8), telling fans about his situation…

SFX Entertainment Is $490 Million In Debt

SFX Entertainment Is $490 Million In Debt SFX Entertainment has been in the news quite a bit lately and for good reason. After filing for Chapter 11 bankruptcy, getting rid of $300 million in debt and receiving $80 million in loans, SFX Entertainment still owes over $490 million to creditors. Of the $490 million that…

SFX owes millions to Made Events, React Presents and more

SFX owes millions to Made Events, React Presents and more Earlier this month, SFX officially filed for Chapter 11 bankruptcy, entering a Restructuring Support Agreement and erasing their $300 million worth of outstanding debt. Now, however, their list of creditors has been revealed, showing the breadth of companies still waiting for their deferred purchase payments. As IQ Mag…

Ways to Make Money in the Music Industry

Ways to Make Money in the Music Industry The music industry has long been a popular and largely successful industry. Countless people have made a great deal of money from this highly lucrative industry. Of course, when you think of working with and making money from the music industry, one would naturally think of singing…

PRS and Google working on a “Shazam for music licensing”

PRS and Google working on a “Shazam for music licensing” UK-based performing rights society PRS for Music is purportedly working with Google to help report performance fees for music played in public more accurately. Performance fees are paid to artists and publishers of copyrighted songs wherever they are played in public, whether that be on television, broadcast over radio,…

SFX GIVEN $80 MILLION IN BANKRUPTCY LOAN

SFX GIVEN $80 MILLION IN BANKRUPTCY LOAN At the start of this month, SFX Entertainment filed for chapter 11 bankruptcy in what seemed like the final nail in the coffin, but they’ve now been granted an $80 million loan – quite a tidy sum indeed. SFX has also entered into a Restructuring Support Agreement which…

SOUNDCLOUD LAUNCHES NEW FEATURE, STATIONS

SOUNDCLOUD LAUNCHES NEW FEATURE, STATIONS The new feature creates a playlist specifically catered to what the user wants to hear In recent months, Soundcloud has made strides to improve it’s platform in order to compete with other streaming services. By adding a radio feature, called Stations, Soundcloud is leveling the playing field in a big…

RIAA Says Streaming Will Now Count Toward Platinum and Gold Certifications

RIAA Says Streaming Will Now Count Toward Platinum and Gold Certifications Big news today coming out of the RIAA… The Recording Industry Association of America will now recognize streaming as counting toward its Gold and Platinum certifications. In light of the massive success of streaming over the past years, the RIAA has decided to look…

SFX Files for Bankruptcy Protecton; Sillerman Removed as CEO

SFX Files for Bankruptcy Protecton; Sillerman Removed as CEO UPDATE: According to a statement from Tomorrowland spokesperson Debby Wilmsen, given to Georgia Unfiltered, the future of Tomorrowland is safe; the same cannot be said about TomorrowWorld. “Both the festival in Boom (Belgium) and the one in Itu (Sao Paulo, Brazil) will go ahead without any…

Cloud 9 Holland Music Publishing signs Fedde Le Grand

Cloud 9 Holland Music Publishing signs Fedde Le Grand   Cloud 9 Holland Music Publishing and DJ/producer Fedde Le Grand have joined forces with a publishing deal. The global publishing deal with Cloud 9 Music was signed with managing director Raymond Van Vliet and general creative & marketing consultant Pieter van Bodegraven. Van Vliet said: “We are extremely excited to represent Fedde worldwide and…

POINT BLANK’S BRAND NEW SECOND LONDON SCHOOL IS OPEN FOR BUSINESS!

POINT BLANK’S BRAND NEW SECOND LONDON SCHOOL IS OPEN FOR BUSINESS! Featuring a top of the range SSL Duality mixing desk, an Audient 48-channel behemoth, five more slick, purpose-built studios for production, DJing, radio and singing classes, and featuring an awesome chill out area to rival Shoreditch House, Point Blank students can rest assured they’ll…

Is SoundCloud Worth More Than Spotify?

Is SoundCloud Worth More Than Spotify? While many would assume that the big players in the music streaming world are obviously Spotifyand Apple Music, another music streaming service that you probably already know and love has been growing more and more. A recent editorial by TechCrunch suggests that SoundCloud is worth more than these largely…

EVEN ADELE CAN’T STOP ‘OLD’ ALBUMS OUTSELLING NEW ARTIST RELEASES

EVEN ADELE CAN’T STOP ‘OLD’ ALBUMS OUTSELLING NEW ARTIST RELEASES 2015 was a historic moment in the history of the LP in the United States, but not one that will delight many A&R executives. It was the first year in living memory in which catalogue album sales overtook those of ‘current’ releases. According to Nielsen…

SFX’s Bumpy Ride Continues With $20 Million in New Financing

SFX’s Bumpy Ride Continues With $20 Million in New Financing The financing follows an announcement that SFX defaultd on a $10.8 million loan. SFX Entertainment’s financial saga took a couple turns this week when the company followed up a loan default with the announcement of new financing. The troubled EDM promoter revealedFriday it raised $20…

U.S. Recording Industry 2015

U.S. Recording Industry 2015 Digital Streaming continued to overtake the American recorded music industry last year. In fact, it doubled — from 164.5 billion songs streamed in 2014 to 317.2 billion last year, according to Nielsen Music. That increase translates into 211.5 million stream equivalent albums — whereby 1,500 song streams equal one album —…

BBC RADIO 1’S HEAD OF MUSIC QUITS TO JOIN SPOTIFYBBC RADIO 1’S HEAD OF MUSIC QUITS TO JOIN SPOTIFYBBC RADIO 1’S HEAD OF MUSIC QUITS TO JOIN SPOTIFY

BBC RADIO 1’S HEAD OF MUSIC QUITS TO JOIN SPOTIFY   George Ergatoudis will take over Spotify’s music curation division in the UK When opportunity knocks, you better answer it. George Ergatoudis has probably heard this saying before and he’s been given the opportunity to join one of the music industry’s most progressive companies in Spotify….

THE MOST EXPENSIVE ALBUM OF ALL TIME

THIS GUY JUST BOUGHT THE MOST EXPENSIVE ALBUM OF ALL TIME “We’re about to put out a piece of art like nobody else has done in the history of music,” RZA told Forbes. “We’re making a single-sale collector’s item. This is like someone having the scepter of an Egyptian king.” Robert Diggs aka RZA of…

BRAND NEW VINYL PRESSING MACHINES

BRAND NEW VINYL PRESSING MACHINES ARE ENTERING THE MARKET FOR THE FIRST TIME With vinyl record sales the highest they’ve been in 20 years, new presses are going to be installed Vinyl pressing machines are big, really big, and they take up a lot of space in a warehouse. There hasn’t been any innovation with…