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Over the past few years, with the emergence of streaming, the music industry has undergone a radical transformation. However, the music revenues broke all records since the 1990's. Do not miss any meaningful information related to the music industry with Music Industry Essentials!

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Top news of the week: 05.01.2023.

#musicbiz
#music
#musicbusiness
#musicnews
#musictech
#musicians
#musician
#DIYMusician
#TikTok
#Spotify

@a2im shared
On Jan 5, 2023
We love a good predictions listicle https://t.co/UzB1xJCUa4
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5 numbers that will come to define the music business in 2023

5 numbers that will come to define the music business in 2023

MBW picks out a handful of statistics underpinning some of the red-hot issues bubbling away as we type…

@MusicREDEF shared
On Jan 1, 2023
Songwriters’ New Streaming Royalties Approved Before the New Year (@wordsbykristin - @billboard) https://t.co/gjxLnrPX1S
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Songwriters’ New Streaming Royalties Approved Before the New Year

Songwriters’ New Streaming Royalties Approved Before the New Year

The Copyright Royalty Board approved a settlement struck by the NMPA, NSAI, and DiMA for streaming royalties owed to songwriters and publishers for the period of 2023-2027.

@MusicREDEF shared
On Jan 3, 2023
De La Soul Talk Finally Coming to Streaming and Digital Platforms: ‘It Felt Like We Were Being Erased From History’ (@WEKetchum - @billboard) https://t.co/CwFVKltj6D
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De La Soul Talk Finally Coming to Streaming and Digital Platforms: ‘It Felt Like We Were Being Erased From History’

De La Soul Talk Finally Coming to Streaming and Digital Platforms: ‘It Felt Like We Were Being Erased From History’

The group’s classic catalog is set to arrive on DSPs on March 3, following a 2021 deal with Reservoir Media.

@MusicREDEF shared
On Jan 5, 2023
’90s Hip-Hop Duo Black Sheep Sues Universal Music Over an Alleged $750M in Unpaid Spotify Stock Royalties (@chrisjeggertsen - @billboard) https://t.co/Q3yqUL9iEB
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’90s Hip-Hop Duo Black Sheep Sues Universal Music Over an Alleged $750M in Unpaid Spotify Stock Royalties

’90s Hip-Hop Duo Black Sheep Sues Universal Music Over an Alleged $750M in Unpaid Spotify Stock Royalties

Andres Titus & William McLean claim UMG artists have been cheated out of royalties due to a “sweetheart” licensing deal the label struck with Spotify in 2008.

@hypebot shared
On Jan 3, 2023
2023 Music Predictions from CD Baby's Kevin Breuner & Chris Robley https://t.co/jWu88ecWjN #musicbiz #music #musicbusiness #musicnews #musictech #musician #DIYMusician #musicians
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2023 Music Predictions from CD Baby’s Kevin Breuner & Chris Robley

2023 Music Predictions from CD Baby’s Kevin Breuner & Chris Robley

Two experienced indie music industry pros share their take on the big music industry trends, changes, and challenges ahead in 2023. by CHRIS ROBLEY of CD Baby’s DIY Musician In. Continue ...

@billboardpro shared
On Jan 5, 2023
Billboard Introduces New Industry-Voted Award for Annual Power 100 List https://t.co/VaPxpshvvT
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Billboard Introduces New Industry-Voted Award for Annual Power 100 List

Billboard Introduces New Industry-Voted Award for Annual Power 100 List

Voting for the inaugural Power Players’ Choice Award begins Friday, Jan. 6.

@hypebot shared
On Jan 2, 2023
Music Business Trends and finding a Roadmap for 2023 [Jesse Kirshbaum] https://t.co/PfOW5VKopJ #musicbiz #music #musicbusiness #musicnews #musictech #musician #musicians #TikTok #Spotify @JesseKay
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Music Business Trends and finding a Roadmap for 2023 [Jesse Kirshbaum]

Music Business Trends and finding a Roadmap for 2023 [Jesse Kirshbaum]

From 100,000 new songs a day to the TikTokification of music and culture, 2022 was a year of change and new realities for music and the music industry. Nue’s Jesse. Continue reading

@mediaor shared
On Jan 5, 2023
[Music Business Worldwide] Universal Music Group sued over its Spotify equity ownership by artist in class action lawsuit https://t.co/vlXCazcULZ
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Universal Music Group sued over its Spotify equity ownership by artist in class action lawsuit

Universal Music Group sued over its Spotify equity ownership by artist in class action lawsuit

Black Sheep says it should have received equity from UMG's holding in Daniel Ek'

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