Business of Music

Eminem has ended Taylor Swift's impressive 12-week reign. Following the release of his latest record, “The Death of Slim Shady (Coup de Grâce),” the veteran rapper achieved his 11th No. 1 album in the US. This release also marks the biggest week in 2024 for a rap album, according to...

The global music industry has experienced a notable increase in streaming activity during the first half of 2024 According to Luminate's Midyear Report, over 1 trillion streams were achieved at a record pace, reaching this milestone ten days earlier compared to the previous year. See Also: Karol G...

Taylor Swift and TikTok have recently expanded their collaboration following a brief hiatus earlier this year when her music was temporarily unavailable on the platform due to a licensing dispute with Universal Music Group NV (OTC:UMGNF). The new initiative celebrates Swift’s record-breaking...

Sony Group Corp. (NYSE:SONY) is poised to acquire Queen’s music catalog in a groundbreaking deal worth £1 billion (US$1.27 billion). According to Hits‘ Rumor Mill, Sony Music Entertainment will secure Queen's recording and publishing rights. The deal, later confirmed by Variety,...

Music has always been a crucial part of video games, enhancing immersion and adding depth to virtual worlds. Think about it: from the catchy Super Mario Bros. theme to the unforgettable Tetris melody, some video game tunes are as iconic as the games themselves. See Also: Gamers Ditch Strategy:...

Eminem is stirring up anticipation for his upcoming album, “The Death of Slim Shady,” slated for release this summer. Despite no singles being dropped yet, the rollout is underway, marked by attention-grabbing tactics like a faux obituary for Slim Shady placed as an ad in the Detroit...

Balenciaga‘s latest release pays homage to BFRND, a groundbreaking artist whose music has been the backdrop for Balenciaga’s shows since 2017. This collaboration is part of the Balenciaga Music series, offering fans more than just merchandise — it’s a whole experience. See Also:...

The TICKET Act sailed through the House with a commanding vote of 388-24 on Wednesday. This legislative proposal seeks to revolutionize the ticket-selling landscape by mandating upfront disclosure of total prices, inclusive of all fees, and guaranteeing refunds in the event of cancellations or...

Latin music revenue in the U.S. hit a new high in 2023, reaching $1.4 billion, marking a significant 16% growth from the previous year. The Recording Industry Association of America (RIAA) reported Latin music’s market share in the overall U.S. music market also climbed to 7.9%, a new peak,...

Taylor Swift‘s latest album, “The Tortured Poets Department” (TTPD), is breaking records left and right. Selling 1.6 million units in the U.S. on its first day, including 600,000 vinyl copies, TTPD is shaping up to be one of the biggest music releases in recent memory. Despite the...

Taylor Swift‘s latest album, “The Tortured Poets Department,” has joined forces with ByteDance’s TikTok. This marks a significant turnaround after Swift’s music was absent from the platform due to a dispute between Universal Music Group NV (OTC:UMGNF) and the popular...

Taylor Swift‘s trajectory to further financial heights is poised for a turbo boost with the launch of her latest album, “The Tortured Poets Department” (TTPD). Swift, already celebrated for her record-breaking accomplishments, made headlines by entering Forbes’ billionaire...

Spotify Technologies SA (NYSE:SPOT) is developing new features inspired by TikTok to keep up with the platform’s popularity. According to The Wall Street Journal, these tools will allow paid subscribers to tweak tracks, like speeding them up or creating mash-ups, for later listening. One big...

The music industry’s push for transparency in the use of generative artificial intelligence (AI) models has received legislative support from at least one member of Congress. What Happened: California representative Adam Schiff introduced the Generative AI Copyright Disclosure Act on Tuesday...

Spotify Technology SA (NYSE:SPOT) has launched a new beta tool for its Premium subscribers in the UK and Australia, allowing them to create AI-personalized playlists based on text descriptions. According to a company’s blog post, users can access this feature on their mobile devices by...