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You hear a heck of a lot talked about streaming and its impact on the music industry these days. So, here for your enlightenment and entertainment, is a neatly condensed version of what was said… Myth #1: ‘Streaming only benefits established stars.’ “As a major global record label we are keeping an eye on how an artist breaks or develops…

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Kevin Weaver has been promoted to the newly-created post of President, Atlantic Records, West Coast. The Grammy Award-winning exec has been with Atlantic for over two decades, spearheading the label’s success in soundtrack, sync, and visual media. He will collaborate with all of Atlantic’s departments, overseeing a diversity of Los Angeles-based artist development projects and working closely with Atlantic’s expanding…

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Trashing others in your scene isn’t hurting their rep, it’s hurting yours. Stay positive. Surround yourself with positive people. People don’t want to be around negativity. Be a positive presence in your scene. If you get into the habit of trash talking, you’ll bad mouth the wrong person and it will come back to bite you in the ass. The…

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Whether this is a temporary move to collaborate with another musician or a permanent relocation to be a part of another music community, this can create a major headache if you don’t know how to relocate safely. Be Careful with Musical Instruments If you’re a professional musician, you are probably aware of how fragile certain musical instruments can be. You…

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Paid music-streaming services are driving the music industry’s comeback in a big way. The Recording Industry Association of America (RIAA) released its midyear 2017 music industry revenue report earlier this week, sharing numerous statistics regarding the health of the U.S. music industry. Through the first half of the year, retail music revenue jumped by 17% to $4 billion, while wholesale revenue grew 15%…

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The US entertainment business press is abuzz with news that RCA President and COO Tom Corson is leaving Sony for a big job at Warner Bros in California. MBW understands that Max Lousada – who officially becomes Warner Music Group’s global recorded music head on October 1 – has yet more major moves to make. Our sources tell us that…

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One of the big struggles of the music industry is always going to be the unpredictability – especially on the underground and DIY level. Sometimes the shows you booked on a tour with promoters you know end up falling apart, other times the cool new merch idea you had that you put a lot of money into end up not…

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The deal covers the globe excluding the United States, France, Australia, and Africa. “I have admired what peermusic has stood for and built over the years. “This deal allows us to help maximize opportunities for an incredible roster of songwriters with business partners that we deeply respect.” As sub-publisher, peermusic will work to maximize creative opportunities for Big Deal’s clients…

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Performing rights organization ASCAP has announced its 13th annual ASCAP “I Create Music” Expo, which will take place May 7 – 9, 2018 at the Loews Hollywood Hotel in Los Angeles.  The event brings together songwriters, composers, producers and artists to discuss pressing issues among music creatives working in the industry today. Said ASCAP Executive Vice President / Chief Marketing Officer Lauren Iossa: “When…

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If you’re in the Melbourne area do check out this fantastic opportunity for professional development. MYTH 1) Spending more money on the production of an average song will make it successful. With the accessibility of software, plugins and sample libraries, it can be tempting to keep trying to ‘fix’ a song by changing the sounds or adding layers and effects. read more…

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The company predicts that worldwide revenues from streaming will reach a whopping $28 billion by 2030, a 16% jump from its previous estimates, in its just-released latest installment in its “Music in the Air” series. It also predicts paid streaming users worldwide to reach 847 million by 2030. Consequently, the company raised its valuation of UMG to $23.5 billion (from…

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Label Services has become an increasingly common choice for entrepreneurial artists. It is an established alternative to the traditional record label route. As the recorded music industry returns to growth it is hardly surprising we are seeing a growth in the number of small record labels owned and run by artists and management. read more at musicbusinessworldwide.com Follow @HookBlast on Twitter…

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Merlin, the global digital agency for independent labels, has announced its billionth dollar in distributions to members. The organization, led by CEO Charles Caldas, has reached the milestone in less than a decade: it was established in May, 2008. In the 12 months to the end of March this year, Merlin distributed $353m to its members – the equivalent of…

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