Top news of the week: 02.03.2023.
AI Is Creeping Into the ‘Functional’ Music Market — What Happens Next?
“The model right now really sucks when rain and white noise is eating into market share,” says one exec at a distribution company.
Why Music Catalog Investors Are Finally Warming to Hip-Hop
There’s an increased appetite for rap songs and catalogs. What’s fueling the surge?
Journey’s Neal Schon v. Everyone: Will Band Members Go ‘Separate Ways’?
The band is fighting over a member’s Mar-a-Lago performance, suing over the group’s Amex account, and hiring and firing managers. But it’s still filling arenas.
What’s TikTok Trying to Prove by Turning Off Music in Australia?
The short-form video app known for breaking viral hits is using music in a different way Down Under.
Deezer Revenues Up 13% on Partnership Growth, Lower Marketing Costs in 2022
The French streamer expects its piggy back strategy of gaining customers through partnerships will drive double-digit revenue growth again this year.
After Spending Spree, Utopia Refocuses on Fixing Music Royalties
The fintech firm’s CEO believes a faster and more transparent royalty process will “help all facets of the industry earn more money.”
30 Years of Noise Pop: How A $5 Show Became A Citywide Celebration of San Francisco Music
Founders Kevin Arnold and Jordan Kurland discuss the trials and tribulations of promoting the long-running festival in the competitive Bay Area.
Natanael Cano’s Los CT Label Signs Global Distribution Deal With Downtown Music Services
Downtown will handle worldwide distribution, creative marketing and synch for the imprint recently launched by Cano.