It’s boom time for creator-economy music investments. The startup Songfinch, which provides customized songs at listeners’ requests, is the latest music startup to lock down major industry money: The Weeknd, his manager Wassim “Sal” Slaiby and Atlantic Records CEO and chairman Craig Kallman are all investors in the company’srecently closed …
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The House of Representatives’ Judiciary Committee sent a letter to Spotify this week requesting additional information on “Discovery Mode,” a controversial program which allows artists and labels to recommend specific songs to more listeners — via the streaming giant’s algorithms — in exchange for a lower royalty rate. Spotify announced …
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Over the weekend, Steve Aoki released a limited art collection via a non-fungible token (NFT) sale. The event brought in $4.25 million, led by a record-breaking single-auction price of $888,888.88 paid by former T-Mobile CEO John Legere, Aoki’s team tells Rolling Stone. Aoki designed his collection “Dream Catcher” in partnership …
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Veteran music executive and Lollapalooza co-founder Marc Geiger abruptly left William Morris Endeavor (WME) this summer after 17 years as the company’s global head of music, in the midst of the pandemic’s near-complete shuttering of the concert industry. Since then, he revealed on Wednesday, he has been working on an …
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In response to calls to diversify the mainly white live-music industry, concert giant Live Nation launched the Black Tour Directory Tuesday, October 13th, a new online resource for tour organizers that the company hopes will create more work for black live-industry workers. The directory lists hundreds of black-owned companies and …
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Coachella was supposed to take place in April 2020, but when Covid-19 struck, festival organizers pushed the event to this month— and then again to April 2021 after virus cases in the U.S. climbed all summer. Multiple music-industry insiders now tell Rolling Stone that the 21st edition of the popular …
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Quarantine darling Verzuz is one of the most effective major music promotion shows for artists looking to boost their streams, bar none. Since the pandemic began and Swizz Beatz and Timbaland decide to start Verzuz on Instagram Live (it’s now airing on Apple Music too), what was originally intended to …
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When you think about Apple, your mind probably doesn’t go to “Beats 1 Radio.” The name itself makes the offering feel like a separate entity — something that isn’t important enough to be a part of the tech giant’s official brand. (The word “beat” also lends itself more, nowadays, to …
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Since its launch four months ago, the Crew Nation Global Relief Fund — the charity established by concert and ticketing giant Live Nation Entertainment and its House of Blues Music Forward Foundation to aid unemployed live music workers affected by the pandemic — has raised $15 million to support about …
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With concert tours almost completely shuttered through the ongoing COVID-19 pandemic since March, some of the biggest acts in music — including the Eagles, Pearl Jam, Guns N’ Roses and Green Day — have received federal funding to support their crews for any current and future postponed tours, according to …
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