UK Music Market Sees 25% Digital Growth
Digital formats now account for 35.4% of record industry trade income in the U.K, after digital sales in the UK music industry rose 24.7% to £281.6 million from £225.8 million in 2010. In total that is an 8% rise on the previous year. The growth is largely attributed to a 43.2% rise in digital album … Read more
Coca-Cola Team Up With Mark Ronson & Katy B For 2012 Olympics
Back in the summer of 2011, Coca-Cola invited teens to attend a free festival-style gig featuring producer Mark Ronson and dub-step singer Katy B. Today Coca-Cola has unveiled the first cut of the footage from that event, as the brand launches the global advertising for the Coca-Cola Move to the Beat™ London 2012 Olympic Games … Read more
Kenny Rogers Sues Capitol Records Over Royalties
Kenny Rogers is suing Capitol Records for their failure to pay out royalties owed to him through digital downloads of his music, as well as the use of his music in ringtones. According to a suit filed in the District Court of Tennessee , the complaint alleges that Capitol Records failed to pay Rogers for … Read more
Warner Music’s Digital Distribution Going to Sony DADC
Digital delivery of WMG’s music to digital service providers is going to Sony DADC according to Billboard. Under the agreement the WEA digital asset management team has moved from WMG to DADC.
Kobalt Music Sign Gotye To Publishing Deal
Kobalt Music has signed Australian based artist Gotye to an international music publishing deal, with the exception of Austrlia and New Zealand, where independent music firm Alberts represents the Gotye. Originally born in Belgum, Gotye’s music is released through his own record label, Samples’N’Seconds Records His music is licensed through Fairfax/Universal Republic in North America, … Read more
Lady Gaga Launches Social Networking Site
Lady Gaga has launched her very own social networking site. Called Little Monsters, the new site was named in honour of the popstar’s fans. Little Monsters is the first venture from Backplane which is a company co-founded by Lady Gaga’s manager, with the aim of bringing Gaga’s fans into an online community to share their … Read more
iTunes Revenue Tops $6 Billion In 2011
Global iTunes sales rose to $6 billion for 2011, up roughly 55% from about $4.2 billion in calendar year 2011 (Apple’s first fiscal quarter is the fourth quarter of the calendar year). In the last quarter of 2011, ended December 31, global sales from iTunes came in at $1.7 billion. The figures released by Apple includes all content … Read more
Google Music Gears Up To Promote Unsigned Artists
Google Music has announced the launch of it’s new “Magnified” program, which will look to select artists from Artist Hub and given them extra exposure on Google Music. Artist Hub is a service from Google Music that allows Indie artists to sell their music directly from Google Music without using a digital distributor as an … Read more
EMI Partners With Stingray Digital
EMI Music has partnered with digital content provider Stingray Digital. Stingray Digital currently operates Galaxie Music, The Karaoke Channel, and video-on-demand Concert TV. The new deal will give Stingray Digital, full global rights access to EMI’s entire catalogue, which includes thousands of music videos and concerts from such names as Katy Perry, Coldplay, David Guetta, and … Read more
HMV To Stock More Vinyl
HMV has confirmed to NME, that they will stock more vinyl this year due to demand from customers. The announcement comes after HMV announced a significant drop of 8.1% in sales throughout it’s 252 stores over the Christmas period. HMV told NME today that: “A lot of customers have been asking us to increase the … Read more
