With many of the country’s independent concert venues in limbo — having been without business since March because of the ongoing COVID-19 pandemic — over 600 major recording artists, including Dave Grohl, Neil Young, Billie Eilish, Lady Gaga, Robert Plant, Willie Nelson, and Coldplay, have signed a letter to Congress …
Read More »You Can Now Buy a Tupac or Justin Bieber Mask for a Good Cause
Bravado, Universal Music Group‘s merchandise wing and one of the largest music artist merchandisers in the industry, is selling face masks as part of a new charity initiative to support struggling musicians and industry workers amid the ongoing COVID-19 pandemic, the company announced on Friday. The new initiative, called We’ve …
Read More »Universal Music Group CEO Lucian Grainge: 'I Am at Home and Recuperating'
Lucian Grainge tested positive and was hospitalized for the novel coronavirus on March 15th. On April 6th, the CEO of Universal Music Group (UMG) — 2019’s most-successful music group in terms of market share — sent his company a note that he is now recuperating at home. “I apologize for …
Read More »Live Nation Halts Its War With the U.S. Government (For Now)
Live Nation — the world’s biggest concert promoter and owner of Ticketmaster, the world’s biggest concert ticketing company — has settled with the U.S. Department of Justice after a week of swirling rumors about government action against the company’s practices. The Wall Street Journal reported last week that the DOJ …
Read More »Apple Music and Spotify Now Have Dueling Awards Shows
The music-streaming war is headed to its most dramatic setting yet: the stage. On Tuesday, Apple Music announced that it will host a surprise Billie Eilish performance this week to celebrate its “first-ever Apple Music Awards” — just two weeks after Spotify announced plans to host its own “first-ever Spotify …
Read More »Spotify Hits 180 Million Users — and Loses Even More Money
The biggest music-streaming service in the Western world is still attracting new users, still adding more subscriptions and still unprofitable. Since Spotify‘sdebut on Wall Street earlier this year, updates to its key numbers have been highly anticipated — because the market performance of the company, as the leader in the …
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