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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!

Top news of the week: 27.10.2022.

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

@a2im shared
On Oct 24, 2022
"#TikTok has announced a new feature called StemDrop, which will provide users with the opportunity to remix a song and create their own version of the track... conceivably a new way for artists to increase their #royalties from the platform." https://t.co/Zma1Ty7oRc
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TikTok’s new StemDrop gives artists a fresh chance to earn royalties

TikTok’s new StemDrop gives artists a fresh chance to earn royalties

This new TikTok feature will give content creators and fans the opportunity to collaborate, make connections, and even make some money… by Bobby Owsinski from Music 3.0. ...

@MusicREDEF shared
On Oct 27, 2022
CISAC 2021 Report: Pandemic Recovery in Live is Slow, Digital Collections Bolster Losses (@wordsbykristin - @billboard) https://t.co/KLqgAV5LgB
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CISAC 2021 Report: Pandemic Recovery in Live Is Slow, Digital Collections Bolster Losses

CISAC 2021 Report: Pandemic Recovery in Live Is Slow, Digital Collections Bolster Losses

CISAC reports member collection societies around the world brought in 8.48 billion euros in 2021 — up 7.2% from 2020.

@MusicREDEF shared
On Oct 21, 2022
20 Questions With Jean-Michel Jarre: ‘Electronic Music Has Really Been the Perfect Opportunity to Lead My Rebellion’ (@LilyMoayeri - @billboard) https://t.co/RQD1n74H1C
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20 Questions With Jean-Michel Jarre: ‘Electronic Music Has Really Been the Perfect Opportunity to Lead My Rebellion’

20 Questions With Jean-Michel Jarre: ‘Electronic Music Has Really Been the Perfect Opportunity to Lead My Rebellion’

The 74-year old electronic pioneer on his new album, existing inside immersive audio and why the first electronic show that really blew his mind was one he played himself.

@billboard shared
On Oct 26, 2022
The first-ever Black Music Summit will be in Ibiza next summer! https://t.co/CP7GCcuRB8
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Inaugural Black Music Summit Headed to Ibiza in Summer 2023

Inaugural Black Music Summit Headed to Ibiza in Summer 2023

Jordan Hallpike, Kenny Eshinlokun are co-founders of new ‘social enterprise invested in the global development and celebration of Black music talent’.

@MusicREDEF shared
On Oct 24, 2022
Why aren’t music royalties paid by the second? (Stef Van Vugt - @musicbizworld) https://t.co/IcsqXo5qxv
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Why aren’t music royalties paid by the second?

Why aren’t music royalties paid by the second?

Stef Van Vugt, founder and CEO of Fruits Music, suggests some changes to the way royalties are earned – and paid out…

@billboard shared
On Oct 26, 2022
.@alyandaj have announced their new album 'With Love From!' https://t.co/Jyk9IAq4gj
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Aly & AJ Announce New Album and Distribution Deal With SoundCloud

Aly & AJ Announce New Album and Distribution Deal With SoundCloud

Pop-rock sister duo Aly & AJ will release the album “With Love From” in the spring, with its lead single arriving Nov. 2.

@MusicREDEF shared
On Oct 25, 2022
$200m SPAC, The Music Acquisition Corp, files to liquidate early and delist shares from NYSE (@murraystassen - @musicbizworld) https://t.co/HImxuGTOHP
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@billboard shared
On Oct 21, 2022
Executive Turntable: UMG has launched Mercury Classics Soundtrack & Score, Republic Records promotes Tim Hrycyshyn to senior vp of digital strategy and more. https://t.co/OZdVbPyRGo
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Executive Turntable: UMG Launches New Soundtrack & Score Label; Republic Names Digital Strategy SVP

Executive Turntable: UMG Launches New Soundtrack & Score Label; Republic Names Digital Strategy SVP

Also this week: Epidemic Sound names a CTO and CCO, UMG’s °1824 hires a vp of content and more.