Posts tagged "Record Labels"

UMG and SoundCloud in talks to develop stream based royalty model for artists

In the past ten years, streaming services like Spotify and Apple Music have revitalised the record industry, rescuing it from the decline it faced in the early 2000s due to a drop in physical music sales and the rise of digital piracy. However, as the streaming industry has matured, record

Streaming platform TIDAL is partnering with Universal Music

Announced last week by Universal, the new partnership between the world’s biggest music publisher and streaming service TIDAL has been formed with the intention to research and devise a new streaming model that better supports the value of artists and their work, while encouraging more engagement from subscribers. Head of

UMG buys 49 percent share in indie giant, [PIAS]

Universal Music Group has bought a 49 percent share of Play It Again Sam [PIAS], an independent music giant responsible for distributing labels such as Warp, Ninja Tune, and Domino. The Belgian company, which was founded in 1983, will remain under the control of its founders Kenny Gates and Michel

Four Tet wins royalties battle with former label Domino

Kieran Hebden, better known as producer Four Tet, has settled his recent legal battle with former label Domino. Hebden confirmed in a social media post on June 20th that the case had been settled, with Domino eventually agreeing to recognise Hebden’s claims. Starting in December 2020, Hebden pursued a case

Major labels pledge to be net-zero by 2050

Major record labels Warner, Sony and Universal have pledged to halve their total carbon emissions by 2030 and reach net-zero by 2050. They join an increasing number of independent labels in signing a pact to reach these targets. The Music Climate pact addresses the carbon impact of activities such as

Universal Music Group set to launch virtual band made up of NFTs

Image: 10:22 Universal Music Group has announced it will launch a ‘supergroup’ band made up of NFT (non-fungible tokens) characters. The major label will be working with creator Jimmy McNelis to turn four of his NFT digital characters into a band called Kingship for their 10:22 label.  McNelis’s characters feature

10 Electronic Labels Keeping The Industry Alive

By Jenna Dreisenstock In order for a music scene to flourish, the need for committed and driven artists with unique styles and auditory personality is what builds the foundation for the love of these genres. However, it is imperative to remember that with this foundation we need to keep on

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