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...
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....
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....
Study: Label Giants Earning $500k from streaming HOURLY!
Major music labels Universal and Sony earned massive streaming profits in H1 2018, with Universal generating over $1.44 billion and Sony $943.7 million from platforms...
Amplify Streaming: Maximize Your Music’s Power
Artists can amplify their music reach through strategic use of streaming platforms, professional websites, and social media engagement to maximize streaming revenue....
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....
Radio Facts Predictions for 2022
Radio Facts predicts major changes in 2022 including radio executive shake-ups, independent artist growth, and record labels breaking streaming records....
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....
Streaming Boom Drives Record Labels’ IPO Plans
Major record labels Warner Music Group and Universal Music Group plan IPOs fueled by streaming profits. Revenue from streaming rose 26% to $4.3 billion in...
SoundCloud Expands Premier Monetization Program
SoundCloud expands its Premier monetization program to hundreds of thousands of creators, offering leading revenue share and direct fan connection. The program now reaches many...
Study: Label Giants Earning $500k from streaming HOURLY!
Major record labels Universal Music Group and Sony Music earned massive profits from streaming in 2018's first half, with Universal generating $1.44 billion....
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 Revolution: Tech Transforms Music
Music streaming evolved from 1993's IUMA to become the industry's largest revenue source. Streaming generated $6.5 billion in 2017 with 53% global growth....
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....
Music Producers Guild Backs Fair Digital Deals
The Music Producers Guild backs the Fair Digital Deals Declaration, supporting over 700 indie labels demanding transparent digital revenue accounting for artists....