Vevo may be closing a deal with the 3rd and last major label, Warner Music

Vevo, the world’s most popular dedicated music video site, are about to sign a deal with Warner Music after 7 years of ownership by Universal and Sony. Vevo have dominated the music video industry, with…

Social network VKontakte (VK) launching a music subscription service

Russian social network site VK (formerly VKontakte) have revealed plans to launch a music subscription service sometime this year. In a massive shift for the popular European social network VK they have revealed plans to…

Universal Music Make Almost $4m Daily From Music Streaming

Just over a week since¬†Warner Music revealed music streaming had become their primary source of revenue another major label, Universal Music, has revealed they make a massive $3.9 million every day from streaming. Universal Music…

Spotify CEO Daniel Ek Interview with Jason Calacanis

Spotify CEO Daniel Ek sat down with Jason Calacanis for a detailed interview about Spotify’s transparency, competition, tenacity and more.

Major Label Market share: Sony Bigger than Universal

It seems as though Sony has more market share than Universal at the moment (as reported by Nielsen Soundscan).

Major Labels are Abandoning Traditional A&R

My take is that the traditional A&R process as we knew it is dying for a few reasons:

2010 Quarter 1 Marketshare for Major Music Labels

Record industry trade Hits Daily Double has gone through the numbers for Q1 of 2010 to see how the major label marketshare is shaping up. Sony has been gaining some great marketshare from Universal, Im…

Death of the CD?

Paul Resnikoff of¬† Digital Music News today posted this article on his blog, making the radical suggestion that the majors should seriously consider ditching CD’s as a major sales format, and concentrating on digital, thereby…

YouTube Baulks at PRS Rates

VS In what may prove a revolutionary move, YouTube is refusing to pay the increased licensing fee that the MCPS/PRS alliance has demanded for the right to stream music videos for signed artists in the…