Independent labels take larger UK music market share than Sony, Warner for first time

As the music industry shifts and independents take the power away from major labels, the UK’s music market shows just how strong independent music has become. The latest statistics from the Official Charts Company in…

Snapchat Trying to License Major Label Content from Universal Music, Sony Music and Warner Music

It has been reported that Snap is currently in talk with the major record labels to expand the ways users can include music in posts on its flagship Snapchat app. Snapchat is obviously starting to…

UMG music is all good on Mixcloud now with a new deal

SoundCloud rival Mixcloud have shaped their own path in the new world of music streaming and with a new deal that path’s horizons broaden further. British streaming service Mixcloud have just signed a deal with…

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…

Hi-res streamers Qobuz set their sights for the US as they name new CEO

European based music streamers Qobuz are setting sail for the Americas as they expand under new management. High resolution music streaming service Qobuz are set to launch their services in the US this summer, expanding…

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…

Sony and Warner both eyeing EMI Music Publishing for $4b sale

With one of the biggest song catalogues in the world EMI Music Publishing are up for sale with major labels zeroing in. EMI Music Publishing have put themselves up for sale, selling their 2.2 million…

Warner offer to buyout employees as music streaming becomes priority

Warner Music Group have placed their bets on music streaming being the next big thing, but that may see some employees left jobless. Warner are offering to buyout employees who still work with physical music….

Vevo nearing profit as revenues boom with 50% rise in views

Vevo look to make a profit in 2018 as their platform grows and they look to re-negotiate their deals with YouTube. The music video platform owned by major labels, primarily Universal Music Group, looks like…