Metallica buy vinyl factory as format outsells CDs for first time in US since 1987
The thrash metallers have secured their own supply of the high-value format, which is enjoying a 16th consecutive year of growth, ahead of the release of a new album
Scooter Braun, the $1 Billion Man Behind Justin Bieber, Ariana Grande | Idea Generation
On this week's episode of Idea Generation, Scooter Braun takes us on a journey from his days as a college dropout and party promoter in Atlanta, to becoming one of the most successful music executives on the planet. The former manager of Justin Bieber and Asher Roth, Braun explains his part in acquiring Big Machine Records, and how he later sold his own company for $1 billion. In the process, Braun built one of the most impressive resumes in music.
#ScooterBraun #IdeaGeneration #Business
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The Cure: Robert Smith tells fans he is ‘sickened’ by Ticketmaster fees as US tour goes on sale
The frontman said that artists had no way to limit the ticketing giant’s fees but his band had declined to participate in the ‘greedy scam’ of dynamic pricing
The Age Of Digital; Music Executive Reacts To The Impact Of Digitalization In The Music Industry
According to the RIAA, Revenues from streaming music grew 26% to $5.9 billion in the first half of 2021, accounting for 84% of total music revenues for the period and a 4% climb from 2019 levels. Dr Rick Hendrix comments on the growth of streaming.
BTS Members Are Joining The Military — Here’s How Much It Will Cost South Korea’s Economy
The biggest boy band in the world is joining the military. Members of K-pop phenomenon BTS will be enlisting in the South Korean military through a policy kn...
BTS is the world’s highest-paid K-pop group, according to Forbes, earning $57 million in pretax income over the past year. As K-pop’s richest boy band, here’s how the members make and spend their money.
MORE MAKES AND SPENDS:
How Jack Ma Makes And Spends His Billions
https://youtu.be/QMlF8Vc3gII
How Rihanna Makes And Spends Her $600 Million
https://youtu.be/FPy-bLijJos
How Taylor Swift Makes And Spends Her Millions
https://youtu.be/3u7Jlbaw6F4
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How BTS Makes And Spends Its Money
Artists deserve clarity about the economics of music streaming. This site aims to increase transparency by sharing new data on the global streaming economy and breaking down the royalty system, the players, and the process.
Labels: Lower Music Prices And Increase Your Profits, Study Says
Anyone who still remembers the basic principle of Economics 101 understands, on a gut level, one big problem with recorded music: It costs too much. The price of music has everything to do with supply — in that the major labels and music stores set the price of music — and little to do with […]
Even before the recent Taylor Swift ticket snafu, Ticketmaster and its parent company, the concert promoter Live Nation Entertainment, have been criticized for controlling 70% of the big concert ticket market, leaving fans and artists nowhere else to go. Live Nation is now being investigated by the Justice Department, and last month was called to testify before a Senate anti-trust subcommittee. Correspondent Rita Braver talks with Sen. Amy Klobuchar; with an attorney who has filed a lawsuit against Ticketmaster; and with disappointed Swifties – fans of the pop star who can't "shake it off."
Violent Gang, or Rap Label? Prosecutors Say Young Thug’s YSL Is Both.
With a blockbuster case set to begin, the superstar rapper sits at the intersection of complex questions about art, crime and the criminal justice system.
Question of the Day: What is the most popular music streaming service? - Blog
When it comes to streaming services, which one has the customer's ear? Answer: Spotify Questions: What is your go-to source for music? What do you like most about it? How much do you pay for it?