The latest music news from Digital Music News, affecting recording industry, music publishing, mp3 streaming, concert industry, talent development, venture capital, and music technology, with reporting on artists new releases and where to get new mp3 songs.
The Blue Ridge Rock Festival in Alton, Virginia was canceled due to severe weather concerns. But fans are left wondering about refunds. The festival was slated to take place from September 7-10 in Virginia, with a lineup that included Slipknot, Pantera, Megadeth, Five Finger Death Punch, Staind and many more rock acts. Heavy lightning, rain, […]
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Music licensing and distribution platform Songtradr has acquired indie music service Bandcamp from Epic Games. Songtradr emailed Digital Music News today about the buyout, which represents one of several high-profile plays the company has made as of late. Additionally, the Fortnite developer Epic Games, having only bought Bandcamp in March of 2022, confirmed the divestment
...Fortnite developer Epic Games plans to lay off 16 percent of its workforce, impacting around 830 employees, the result of ‘spending way more money’ than the company earns. According to a new report from Bloomberg, Fortnite developer Epic Games is planning to lay off 16% of its workforce, affecting the livelihood of around 830 people. […]
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Don Diablo, renowned artist and music producer, has signed with MTArt Agency for global representation in his visual art career. Leading art sector talent agency MTArt Agency has announced the signing of Don Diablo, the globally acclaimed Dutch artist, to their roster. The partnership will further Diablo’s work in the art world and increase his […]
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Sonospress is unveiling a new form of vinyl LP made from recycled plastic to drastically reduce the environmental impact of manufacturing vinyl. Here’s the latest. Sonospress says the new LP is being launched in collaboration with Warner Music and uses polyethylene terephthalate (PET) as its base material. Traditional vinyl LPs are manufactured using polyvinyl chloride […]
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...Warner Music CEO Robert Kyncl warns that AI will massively impact the music industry next year. He calls the technology a ‘genie that can’t be put back in a bottle,’ though the ex-YouTube has been through this battle before — sort of. Here’s Kyncl’s reassuring ‘we got this’ message. The Warner exec spoke at the […]
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Eight months back, Rick Astley sued Yung Gravy (as well as Dillon Francis and others) for allegedly featuring a “nearly indistinguishable” imitation of his voice in “Betty (Get Money)” without permission. Now, the involved parties have officially settled. Word of the settlement entered the media spotlight in a brief update from Deadline and concise reports […]
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About nine months after the namesake Peace Through Music Diplomacy Act became law, the Recording Academy and the State Department have launched a program called the “Global Music Diplomacy Initiative” and presented Quincy Jones with the first-ever “Peace Through Music Award.” The Recording Academy reached out to Digital Music News with word of the new […]
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About two years after cashing in on Universal Music Group (UMG) with an IPO, French conglomerate Vivendi is reportedly pondering the sale of its See Tickets subsidiary. The latest divestment plans of the Paris-headquartered business, which over the summer inked a deal to offload publishing company Editis, entered the media spotlight in a report from […]
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Bruce Springsteen postpones all remaining 2023 tour dates as he focuses on his health throughout the rest of the year, following advice from his doctor. Bruce Springsteen is continuing to make his health his top priority, following the advice of his doctors as he recovers from peptic ulcer disease. A statement on his website posted […]
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The Federal Trade Commission (FTC) and 17 state attorneys general are officially suing the Twitch, Amazon Music, and Amp owner Amazon over alleged monopolistic and anticompetitive business practices. The FTC and attorneys general from states including New York, Michigan, and New Mexico just recently announced and submitted the multifaceted action, which spans north of 170 […]
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...Africa-based music streaming service Mdundo reports an increase of triple its premium revenue as its monthly active users top 26.6 million. In the annual report for its fiscal year that ended on June 30, Mdundo reported a subscription revenue jump from $1.02 million (7.2 million DKK) the previous year to $1.78 million (12.6 million DKK) […]
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Deezer’s plans for an ‘artist-centric’ streaming model with Universal Music Group have attracted spirited debate within the music industry. Is this a viable streaming payout model, or simply a cooked-up scheme to help UMG and its major label ilk? In the latest weight-in, American Association of Independent Music (A2IM) President & CEO Richard James Burgess […]
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...BMG announces the acquisition of Australian rock band Jet’s recordings catalog, including rights to the band’s first two albums and associated global royalty stream in perpetuity. Today, BMG has announced its new deal with multi-platinum and award-winning Australian rock band Jet. The deal sees BMG gain Australian and New Zealand rights to the band’s first […]
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Following a limited release in theaters and online last October, Tobie Amies’ King Crimson ‘rockumentary,’ ‘In the Court of the Crimson King: King Crimson at 50,’ comes to select theaters in November, with worldwide availability on video-on-demand starting December 1. Returning to the theater for hit films like Barbie (the soundtrack for which is laden […]
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