Despite protests Europe just approved Sony’s full EMI acquisition

The EU have just approved Sony Music’s takeover of EMI Music Publishing despite indie music organisations across Europe warning that it gives them too much influence. Sony Music now own a 100% stake in EMI…

Warner Music and Sony Music Own $200 Million in Shares of Tencent Music in China

Tencent Music has just filed for it’s IPO in the United States. Within that filing it was announced that Warner Music Group (through its Chinese subsidiary) and Sony Music have bought $200m of shares in…

23 new Prince albums are now on streaming services

If you’re a Prince lover then we have some great news for you as 23 of his albums have just released on streaming services as well as a new anthology. After Prince’s death the notoriously…

Sony want you to spend $7,900 on their new music player

Sony have unveiled a new music player that promises audiophiles a premium listening experience with a snazzy gold-plated look – but it’ll cost you. Sony have unveiled their DMP-Z1 digital music player, a hi-res music…

Universal name the new president of Island Records

Following their president’s departure for Sony Music, Universal Music Group’s Island Records have named their new president. David Massey exits his role as the president of Island Records on the 1st of June and will…

Sony will own 90% of EMI publishing after a $2.3 billion deal

Sony are taking a massive controlling stake in major music publishers EMI after acquiring a giant 60% share on top of their existing 30%. Sony Corporation are making a massive investment to take over a…

Independent music is now bigger than all the major labels

As digital music revolutionises the industry, independent artists and labels are taking over as they collectively earn more than the major labels for the second year. A new annual survey of the recorded music and…

Music streaming is making lots of money and not slowing down

The music industry is coming back to life in a whole new way thanks to the power of streaming and it’s ever-growing popularity. Music streaming is giving a massive boost to the music industry as…

Spotify’s value soars as they join the stock market for the 1st time

Spotify have made their debut on the stock market and it has rocketed their valuation skywards. After rumours suggesting that Spotify were working towards an IPO for over a year they have instead just placed…

Facebook sign a deal with Warner Music, the last of the 3 major labels

As Facebook move towards legally allowing music on their social media platform, they have just finalised licensing deals with the last of the major labels. Warner Music Group have announced they’re┬áteaming up with Facebook to…