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 teaming 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…

YouTube to pay more for music after deal with major labels

The 3 major labels have all now created new deals with YouTube that will provide better payouts for music in the wake of YouTube’s new music service. Earlier this month sources revealed that Warner Music…

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…

Warner Music work with Mixcloud to monetise online indie radio

British radio streamers Mixcloud have signed a massive deal with Warner that will license Warner Music Group music for use on their radio shows. Mixcloud and Warner Music Group have signed a deal that enters…