CRB streaming rate negotiations for both the 2018-22 and 2023-27 periods are expected to come to a decision as digital services’ request to delay back royalty »
Our team here at Exploration is hosting a free webinar TODAY 6/24 at 11 AM PST / 1 PM CST to discuss any questions or concerns »
According to Goldman Sachs’ annual “Music in the Air” report, total global music industry revenue will double to about $131 billion by 2030. The forecast also »
During Spotify’s 2022 Investor Day event, the company released statistics and forecasts around its podcasting business. According to CFO Paul Vogel, there were negative gross »
Spotify recently announced the launch of its new interactive site called In Focus to help artists navigate their careers in the industry. Educational materials can be »
CISAC posted updates on developments around the ISWC in its annual report, stating that the unique identifier for musical works has made progress across the value »
The French recording industry recently signed a “historic” deal effective July 1, that would require record companies to pay minimum royalty rates for artists and performers »
A new data-sharing partnership has been made between VEVA Sound and SoundExchange in order to increase accuracy and efficiency in royalty payments. Utilizing cloud-based technology, VEVA »
A settlement has been reached between the RIAA, NMPA, and NSAI to increase the mechanical rate for physical music and download sales to 12 cents per »
The team here at Exploration is thrilled to announce the Spanish translation of our book! "How the Music Industry Works” is an easy-to-read, comprehensive guide that »
Netflix posted a loss of 200,000 subscribers in the first quarter on Wednesday with shares of Netflix falling 35.1%. Music companies Spotify, Tencent Music »
The latest report by the RIAA announced that Latin music recorded revenues in the US last year hit a record high of $886 million, up 35% »
As of May 5, Amazon Music Unlimited subscription prices are rising by a dollar for Prime members. The individual plan is increasing from $7.99 to »
The CRB has agreed to drop the 9.1 cent mechanical royalty rate that songwriters and music publishers will earn from the sale of songs during »
The annual IFPI “Global Music Report 2022” announced that global music sales rose 18.5% in 2021 on the previous year, the highest growth rate ever »
Music and entertainment data analytics company P-MRC Data has rebranded as Luminate. It will be pulling the same dataset encompassing music sales, consumption, and consumer engagement, »
In 2021, US recorded music revenues reached $15 billion at retail, according to the RIAA’s annual year-end report. This figure was up 23% overall over »
Epic Games has acquired Bandcamp, although terms of the deal were not disclosed. According to the video-game developer, the two “share a mission of building the »
In a recent announcement, Meta will be rolling out Reels on Facebook in more than 150 countries in iOS and Android apps with banner and sticker »
According to Apple Music, Spatial Audio - the company’s version of Dolby Atmos Music - has seen an increase in listeners, reporting quadruple plays of »
A final settlement agreement has been set on a long-running legal dispute between the Radio Music Licensing Committee (RMLC) and Global Music Rights (GMR). In 2016, »
In the fourth quarter of 2021, YouTube sold $8.6 billion in ads, about 25% above the $6.9 billion that it sold in the final »
A new job ad spotted by Music Business Worldwide indicates that the Copyright Royalty Board (CRB) is hiring a new Chief Copyright Royalty Judge to fill »
According to a recent Midia Research study, streaming subscriptions grew by 26.4% worldwide in Q2 2021. Additionally, although Spotify had the highest market share among »
Apple’s services division, which includes music, video, news, fitness, and cloud storage, hailed 745 million paid subscriptions in 2021. A few new features were also »
Subscribe to our award-winning newsletter, Exploration Weekly, to receive a FREE copy of How The Music Business Works, 2020 Music Industry Report and our Metadata Template!
Suscríbete a nuestro premiado boletín de noticias, Exploration Weekly, para recibir un ejemplar gratuito de Cómo Funciona la Industria Musical, el Informe de la Industria Musical 2020 y nuestra Plantilla de Metadatos.