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ARTISTS HAVE EARNED $123M VIA BANDCAMP FRIDAYS SINCE 2020 AND FANS HAVE PAID ARTISTS AND THEIR LABELS $1.3BN VIA THE PLATFORM TO DATE

Direct to fan platform Bandcamp is celebrating its 40th Bandcamp Friday on May 3. The initiative was launched during Covid lockdown in March 2020 and sees the platform waive its share of revenues from artists’ sales. Bandcamp, which was acquired by Songtradr in September, reports that artists have generated $123 million via this initiative since then. According to the company, fans […]

ARTISTS HAVE EARNED $123M VIA BANDCAMP FRIDAYS SINCE 2020 AND FANS HAVE PAID ARTISTS AND THEIR LABELS $1.3BN VIA THE PLATFORM TO DATE Read More »

WILL HUNT PROMOTED TO VICE PRESIDENT OF A&R AT AWAL 15 SHARES

Will Hunt has been promoted to the role of Vice President of A&R at Sony Music Group-owned AWAL. Reporting to Matt Riley, Managing Director in AWAL’s London office, the company says that the exec “will continue to lead in the development of AWAL’s burgeoning and diverse roster”. According to AWAL, since joining the company from Columbia Records in 2018,

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TUNECORE REPORTS $125M+ IN PAYOUTS TO INDIE SONGWRITERS SINCE 2012 AS IT EXPANDS ITS PUBLISHING SERVICES

Believe-owned DIY distribution service TuneCore has expanded its suite of music publishing services for independent songwriters in over 200 countries. TuneCore first began offering publishing administration services in 2012 and says that it has since paid out more than $125 million in publishing revenue to independent songwriters. It also says it has sent out 97 million song registration records, 11 million in 2023 alone, along

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DAN P CARTER NAMED DIRECTOR OF ARTIST DEVELOPMENT AT SPINEFARM MUSIC

Spinefarm Music Group, a New York-based rock label acquired by Universal Music Group in 2002, has appointed Dan P Carter, a prominent figure in the rock industry, as its new Director of Artist Development. The label has also made two new appointments in its marketing team. Carter is known for his experience as the longtime curator of BBC

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WARNER MUSIC GROUP SELLS UPROXX, HIPHOPDX AND OTHER MEDIA ASSETS TO UPROXX FOUNDER AND CEO JARRET MYER

In February, Robert Kyncl – CEO of Warner Music Group – confirmed that WMG was in active discussions to sell its ‘owned and operated’ media properties UPROXX and HipHopDX. Now we know who their new owners are. UPROXX founder and CEO Jarret Myer, along with media veteran Rich Antoniello (Founder and former CEO of Complex Networks) and artist/entrepreneur, will.i.am, have formed a new company called UPROXX Studios. This new

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BELIEVE GENERATED $250 MILLION IN Q1, UP 15.9% YOY

Paris-headquartered music company Believe has published its financial results for Q1 2024 (three months to end of March). The company generated revenues of €230.3 million in Q1, which converts to USD $250 million at the average quarterly exchange rate published by the European Central Bank. According to Believe‘s filing, issued on Wednesday (April 24), the company’s quarterly revenues grew by €31.7 million,

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SAMANTHA SKLAR PROMOTED TO VICE PRESIDENT OF A&R AT POSITION MUSIC

Los Angeles-headquartered indie record label, publisher and management firm Position Music has elevated Samantha Sklar to the position of Vice President of A&R, as announced by President and CEO Tyler Bacon and Partner and Head of A&R Mark Chipello. Sklar’s promotion comes on the heels of her success in signing breakout songwriter Jack LaFrantz, who co-penned Benson Boone’s track Beautiful

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BYTEDANCE WOULD RATHER SHUT TIKTOK IN THE US THAN SELL IF LEGAL CHALLENGE AGAINST BAN LAW FAILS (REPORT)

On Wednesday (April 24), Joe Biden signed into law a bill that requires TikTok’s parent – China-headquartered tech giant ByteDance – to divest the app’s business in the US, or face a ban in the market, where it counts around 170 million users. The law gives the company around 9 months to find a buyer, but the president does

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BILLIE EILISH AND GREEN DAY AMONG 250+ ARTISTS BACKING US SENATE BILL TO REFORM TICKETING INDUSTRY

A group of more than 250 prominent musical artists and groups have signed a letter urging the US Senate to pass a comprehensive bill to reform ticketing practices. The letter, organized by Fix The Tix, a coalition of over 30 industry organizations spearheaded by the National Independent Venue Association (NIVA), has the support of Billie Eilish, Green Day, Lorde and Sia, among

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MUSIC INDUSTRY VETERAN RICHARD STUMPF LAUNCHES HAWKEYE MUSIC PUBLISHING

Richard Stumpf, previously the CEO/Founder of Atlas Music Publishing (HYBE US), President of Imagem Music, US (Concord) and SVP at Cherry Lane Music (BMG), is launching a new company called Hawkeye Music Publishing. According to a press release, the company “serves to both connect relationship-driven catalog clients” to its strategic partner Round Hill Music  “as well as work closely

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