Music Industry Receives $10B Payout From Spotify
Spotify announced a record $10 billion payout to the music industry in 2024, bringing total contributions to $60 billion since founding. Despite impressive figures, the...
Tag : Streaming Revenue
Baby Got Back’s Lasting Hip Hop Impact
Sir Mix-a-Lot's 1992 hit 'Baby Got Back' continues generating steady royalties through film, TV, and streaming platforms. The track's cultural impact and smart business deals...
RIAA: 7% Growth Drives US Latin Music Revenues to 85 Million
US Latin music revenues hit a record $685 million in the first half of 2024, marking 7% growth year-over-year according to RIAA data. Streaming subscriptions...
CMRRA Reports $78 Million in Royalty Distributions for 2023
CMRRA distributed over $78 million in mechanical royalties to music publishers and songwriters in 2023, marking an 8.9% increase from 2022....
ONErpm’s ONE Publishing Forms YouTube Partnership
ONErpm's ONE Publishing becomes the exclusive partner with direct YouTube royalty collection in the US and Latin America, offering artists more efficient royalty payments starting...
Hipgnosis Songs Fund Evaluates $1.488B Blackstone Bid
Hipgnosis Songs Fund evaluates Blackstone's $1.488 billion takeover bid against a competing $1.364 billion offer from Concord and Apollo Global Management....
ASCAP Reports Record $1.5B Revenue and Royalties
ASCAP reported record $1.5 billion revenue in 2022, distributing over $1 billion to songwriters and publishers. The not-for-profit PRO achieved 14% growth....
ASCAP Reports Record Revenue of $1.335 Billion for 2021
ASCAP achieved record revenue of $1.335 billion in 2021, distributing over $1 billion to more than 850,000 songwriters and publishers for the fifth consecutive year....
BMI Reports Record Revenue and Distributions
BMI reported record revenue of $1.409 billion and distributed $1.335 billion to songwriters and publishers despite pandemic challenges. Digital licensing surged 47% to $448 million,...
Warner Music Group Streaming Revenue Record Earnings
Warner Music Group reported record Q1 2020 earnings with 17% digital revenue growth despite COVID-19 impacts. Streaming success offset losses in concerts and physical sales....
Sony Music Acquires EMI Publishing from Jackson Estate
Sony Music acquired the remaining EMI Music Publishing stake from Michael Jackson's estate for $287 million, completing full ownership of the catalog....
Streaming Drove Universal Music Group’s 2016 Revenue
Universal Music Group's revenues rose to $5.57 billion in 2016, driven by a massive 58% growth in streaming income. Despite declining album and download sales,...
TuneCore Reports $36.8 Million in Q4 2015 Artist Earnings
TuneCore reported $36.8 million in Q4 2015 artist earnings, with independent artists earning over $142 million for the year. The platform expanded globally while growing...
SoundExchange Surpasses $3 Billion in Digital Royalties Paid
SoundExchange announces it has paid over $3 billion in digital royalties to recording artists and record labels since 2003. The milestone highlights explosive growth in...
Streaming Music Revenue Surpasses CD Sales for First Time
Music streaming revenue has officially surpassed CD sales for the first time, marking a major shift in the industry. Artists like Taylor Swift and others...
Warner Music: Streaming Beats Downloads Last Quarter
Warner Music Group becomes first major label to earn more from streaming than downloads. CEO reports 33% streaming growth in Q2, marking historic shift in...
TuneCore Reports Strong Q3 2014 Earnings and New Initiatives
TuneCore reports $32 million in Q3 2014 artist earnings, marking 13.2% growth. Hip-hop leads as top genre with $59 million earned since 2006....
TuneCore Promotes Scott Ackerman To CEO
TuneCore promotes Scott Ackerman to CEO after leading company expansion since 2012. The digital music distribution leader paid $34.1M to artists in Q1 2014....
TuneCore Reports $34.1M Artist Earnings Q1 2014
TuneCore reported $34.1 million in artist earnings for Q1 2014, generated from 1.3 billion downloads and streams - a 75% increase over 2013....
SoundExchange Announces Record Q1 Payment for Artists
SoundExchange announced its largest first quarter payment ever, distributing $117.5 million to recording artists and labels in Q1 2013, marking a 10% increase from the...
