YouTube are launching a music subscription service next year

At last! It looks like YouTube want to rectify their damaged relationship with the music industry with a new paid service for music. YouTube have long been criticised for their extremely low payouts on music…

China’s music industry is booming, but it needs independence

China’s online music market is predicted to see awesome growth this year, showing nowhere can avoid the success of music streaming. According to research from firm iResearch, they predict that the ‘paid online music’ market…

Universal Music launch initiative to boost music startups worldwide

Universal Music Group want to help new music-based companies and innovators take off with a new accelerator initiative. Universal Music Group (UMG) are helping companies to start out in the music industry and establish their presence….

Universal Music brings vinyl delivery service to the US

UMG have finally launched The Sound of Vinyl in the US offering tens-of-thousands of records from massive artists to rising indie’s. Universal Music Group have launched their vinyl record store in the US after seeing…

Alibaba and Tencent precede $10bn IPO by sharing Sony and Universal music

Before embarking on Tencent’s rumoured, enormous $10 billion IPO they have secured a deal with Alibaba to share each others music. Tencent are a giant investment company with their fingers in a multitude of pies, including…

SONGS, publisher behind Lorde, The Weeknd & more up for $160m+ sale

The independent music publisher SONGS is going up for sale, with the majors like Warner, Sony and Universal likely keeping their eyes peeled. SONGS music publishing are responsible for some of the world’s biggest artists…

Remixes of Sony artists to be legalised in Dubset deal

Dubset have made a deal with their first major label, Sony, to make remixes and samples under the label legal. Dubset are a body who have been fighting to legitimise remixes which are often the…

Spotify just signed a deal with Warner, all 3 majors now sorted for streaming

Spotify have secured the 3rd major label allowing them to stream all of the top music owned by the 3 majors; Sony, Universal, and now Warner. It’s been a long time coming but Spotify have…

The world’s most popular music video isn’t eligible for the VMAs

Despacito became the most viewed video of all time on YouTube this month but now MTV are saying it can’t win a VMA award. The video to Luis Fonsi’s Despacito took over both Gangnam Style…

Warner Music Group (WMG) have already made $2.7 billion this year, thanks streaming

Warner Music was sold for $2.6 billion in 2004, and now roughly ten years later WMG have made more than that in 7 months. So if you haven’t noticed music streaming is massive, so massive in…