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HomeBusiness(Page 402)

Music Industry On ‘Cusp’ of Sweeping Changes as Revenue Growth Slows, Says Goldman Sachs

28 June, 2023

The closely watched Music In The Air report says there's been a 20%-decline in revenue earned per audio stream in the last five years.

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Ryan Tedder’s Runner Music Hires Amanda Hill as Co-Chief Creative Officer: Exclusive

28 June, 2023

The former Sony Music Publishing executive will also serve as president of A&R.

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SoundCloud Ups Tracy Chan to Chief Content Officer

28 June, 2023

The company also promoted Ama Walton and added a senior vp of strategy.

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Meet MUSQ, the Latest Music Fund to Tap Into ETF Craze

28 June, 2023

The 48-company ETF includes major labels, music streaming platforms, concert promoters and instrument and tech manufacturers.

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Benny Blanco Sells Rights to Litmus Music

28 June, 2023

The multi-platinum producer sold copyrights to hits recorded by Rihanna, Maroon 5, Justin Bieber, Shawn Mendes and Camila Cabello.

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YouTube Fraudster Sentenced to Nearly 6 Years in Prison for $23M Royalty Scheme

28 June, 2023

Jose Teran is the first of two YouTube fraudsters to be sentenced. His partner is schedule for sentencing later this summer.

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How’s the Music Modernization Act Working? Congress Gives Landmark Legislation 5-Year Review

27 June, 2023

A House judiciary committee hearing with industry leaders rehashed the MMA's successes and criticism of the Mechanical Licensing Collective it created.

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Toymaker Wants T.I. To Repay $6M In Legal Bills Following ‘Frivolous’ Lawsuit Over OMG Girlz

27 June, 2023

The rapper could be facing a big bill after his failed lawsuit claiming MGA's line of dolls copied the look of a defunct teen pop trio created by his wife, Tameka “Tiny” Harris.

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SiriusXM to Shut Down Stitcher App in Revamp of Its Podcast Business

27 June, 2023

The satellite broadcaster will migrate Stitcher users to the SiriusXM app in an attempt to draw more subscribers to the service.

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Jarred Arfa Named EVP/Head of Global Music at Newly-Launched Independent Artist Group

27 June, 2023

Arfa previously served as COO at AGI, which merged with APA to form the new company.

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