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Streaming, Vinyl Propel Music Copyright Value To $45.5 Billion
Monday, November 25, 2024 - 4:56pm | 702The value of global music copyright surged to $45.5 billion in 2023, marking an 11% increase from the previous year. This reflects the growing economic strength of music rights, which were valued at $25 billion in 2014. If current trends continue, music copyright could double in value over a decade...
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Dua Lipa Takes Ownership Of Her Publishing Rights After TaP Music Exit
Friday, November 3, 2023 - 3:36pm | 407Dua Lipa, the English-Albanian singer, songwriter and actress, bought back her publishing rights from TaP Music Publishing, her former management company, over a year after she left the firm. According to Billboard, TaP Music confirmed the sale and conveyed their best wishes to the pop...
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AI-Powered Playlist Art: YouTube Music Puts You In Control
Thursday, October 26, 2023 - 8:45am | 321Alphabet Inc's (NASDAQ: GOOGL) YouTube Music has introduced a feature allowing users to change the cover art of their playlists. While it doesn't permit the upload of custom images, it provides the option to create custom cover art using generative artificial intelligence (AI), The Verge...
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Bad Bunny Makes History As Spotify's Most-Streamed Album Of 2023 (So Far)
Wednesday, October 18, 2023 - 3:52pm | 457Latin music sensation Bad Bunny achieved a remarkable milestone by breaking the Spotify record for the most-streamed album in a single day on Oct. 13, 2023. His latest work, "Nadie Sabe Lo Que Va A Pasar Mañana" (Nobody Knows What Is Going to Happen Tomorrow), which comprises 22...
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Meet The Latinx Music Producers Dominating The Industry Today
Wednesday, March 8, 2023 - 2:14pm | 1758Latinx music producers are at the forefront of an ever-transforming industry. In fact, in 2022, Latin music represented 6.3% of the total music consumed. That's up from 5.4% in 2021. Latin music's streaming growth has shown a 33% increase in 2022, according to Luminate. And according to...
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5 Most Popular Latinx Artists In The US Right Now: Bad Bunny, Karol G, Farruko And More
Tuesday, March 7, 2023 - 2:49pm | 1410Latin music has taken the world by storm in recent years, and its popularity shows no signs of slowing down. In fact, according to Forbes, in 2022, Latin music represented 6.3% of the total music consumed, up from 5.4% in 2021. Moreover, the Recording Industry Association of America (RIAA)...
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German Music Industry Achieves Record-Breaking $2B Euro Revenue Milestone After 20 Years
Friday, March 3, 2023 - 6:03pm | 496The German music industry generated €2.07 billion in revenue in 2022, according to a report by the Bundesverband Musikindustrie (BVMI). As per Digital Music News, even though it’s not the first time the industry has hit the €2 billion mark, it’s been 20 years since its last...
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Vinyl Sales In The UK Surpassed CDs For The First Time Since 1987: What Does This Mean?
Thursday, March 2, 2023 - 6:40pm | 520In an age where digital streaming services dominate the music industry, it may come as a surprise that vinyl records are experiencing a significant resurgence. Despite the convenience and accessibility of digital music, many music lovers are turning to vinyl records as their preferred format for...