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HomeBusiness News(Page 27)

As Downtown Sells to Virgin, Its Publishing President Says Revenue Is Up 40%

16 December, 2024

The company's publishing division, which includes Songtrust and Sheer, is expected to crank out $200 million in gross revenue in 2024.

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Why Are Women CEOs Still So Underrepresented In Music’s Top Roles?

16 December, 2024

Just three of the approximately two dozen major-label CEOs are women, and the situation isn’t much better in other sectors of the business. Why not more?

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UMG’s Virgin Music Group Acquires Downtown For $775 Million

16 December, 2024

Virgin buys the parent company of CD Baby, FUGA, Songtrust and more in a deal expected to close by mid-2025.

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HYBE & K-Pop Stocks Rebound, SiriusXM Shares Fall After Release of 2025 Guidance

14 December, 2024

The 20-company Billboard Global Music Index dropped 1.6% to 2,243.59, lowering its year-to-date gain to 46.3%. 

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In Canada: TikTok Fights Order to Shut Down Operations in Canada, Plus L’histoire s’écrit sur Spotify

13 December, 2024

Also this week: Charlotte Day Wilson preps for a "dream opportunity" in Toronto.

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The Top 10 Billionaire Backers of Music Companies

12 December, 2024

From Phil Anschutz to Warren Buffett, a rundown of the richest music investors who have come from outside the industry.

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How Much Money Did the Kendrick Lamar-Drake Diss Songs Generate?

12 December, 2024

The rappers' high-profile beef has yielded millions in streaming, digital sales and publishing revenue.

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Winter Music Conference Is Returning to Miami Music Week in 2025

12 December, 2024

Happening March 26-28, the three-day conference will be part of the week-long dance industry gathering for the first time since 2019.

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Music Sustainability Summit Announces Programming for 2025 Event

11 December, 2024

Produced by the Music Sustainability Alliance and focused on climate solutions in the music industry, the event returns to Los Angeles on Feb. 3, 2025.

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Production Duos Nova Wav, Stargate Join Forces With New Mentorship Program Output CoLAB

11 December, 2024

"At a time when artistry is being threatened by AI-generated music, human collaboration and creativity are more important than ever," says Output founder/CEO Greg Lehrman.

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