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...Apple had helped pay for some of the costs of reproducing music for spatial audio, but it had not been enough, according to executives at several labels....
...BMG is the world’s fourth-largest music label — but lags far behind the top three “majors”, Universal, Sony and Warner. The company earned revenues of €905mn in 2023, up 4.5 per cent year on year....
...Obermann, a former Warner Music executive who joined TikTok in 2019 to lead its negotiations with the big music labels, has been at the forefront of the talks....
...Warner in 2021 agreed to buy hip-hop label 300 Entertainment for more than $400mn, as well as Russian indie label Zhara Music. Sony Music in 2021 paid $430mn to buy independent music company AWAL....
...Bank of America has had a go at estimating how much The Tortured Poets Department, Swift’s latest album, is worth to Universal Music Group, her record label since 2018....
...A resonance with its signed artists led French music label Believe to the stock market in 2021. Yet its disappointing performance ever since has left early investors with a headache....
...However, Swift has defied her label, Universal, with the rollout of TTPD....
...Musicians retain control over the copyright to their music, unlike traditional labels, while paying Believe a share out of their sales....
...Sony, like rival large labels, has not agreed to license music to train AI and is instead waging war to prevent its artists being ripped off....
...Cutting Edge Group (CEG), a music financier, publisher and record label based in London, has secured $500mn from a syndicate of four banks, led by US lender Fifth Third Bank and Northleaf Capital....
...Taylor Swift has reinstated her music on TikTok, putting her at odds with her own record label, Universal Music, which went to war with the social media group in February, muting her songs and the rest of...
...“Every single label that only dealt in pop, rock and urban [music], they’re all diving into the [country] space,” said Cris Lacy, co-president of Warner Music’s Nashville division....
...Three years on, there has not been another new music star to break out quite like Rodrigo has. For music executives, the dry stretch is a source of anxiety....
...And a little off-centre — just behind those at labels or in publishing, or at Spotify or Apple Music — are the bankers and the finance people lending and securitising these portfolios....
...Her music sales amount to that of a decent-sized record label, taking up nearly 2 per cent of the album consumption of the entire business....
...and Apple Music....
...Noah Kahan, a breakout star nominated for “Best New Artist ‘’ at the Grammys, expressed anxiety over his label’s decision. “I won’t be able to promote my music on TikTok anymore . . ....
...recorded traditional albums for Peter Gabriel’s Real World label as well as fusion albums (most notably 1990’s Mustt Mustt)....
...This year Hybe acquired Atlanta-based hip-hop label Quality Control Music for Won273bn and Latin music company Exile Content for an undisclosed price....
...This threatened to dilute professional artists’ — and music labels’ — share of royalties paid....
...There was music, energy and sometimes nudity, as customers’ excitement over the clothing outgrew their inhibitions....
...The pair have been wildly successful in music and as entrepreneurs: Iovine worked with John Lennon, Bruce Springsteen and U2 before launching the groundbreaking Interscope record label....
...The BPI, which represents the UK’s record companies and labels, said that music fans in the UK bought 182.8mn albums, or their equivalent in streaming, last year, the ninth consecutive annual rise for the...
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