MBW’s Stat Of The Week is a series in which we highlight a data point that deserves the attention of the global music industry. Stat Of the Week is supported by Cinq Music Group, a technology-driven record label, distribution, and rights management company. How...
Hello, hello, hello. Quick introduction this week. I wanted to mention that newsletter reader Matthew Whiteside is fundraising for a book on how classical musicians can self-release their works. What’s cool is also each donation will be matched by Creative Scotland....
Lyor Cohen believes that short-form video poses a major threat to the music business. He also thinks it might be the industry’s savior. On this MBW Podcast, Cohen – Global Head of Music at YouTube – explains his fears over short-form video platforms that fail to push...
Sir Lucian Grainge, Chairman and CEO of Universal Music Group, has said the way music streaming services pay labels and artists today has to change. Writing in a New Year note to staff today (January 11), obtained by MBW, Grainge said: “What’s become clear to us and...
About three months back, a court rejected Spotify’s motion for a protective order in a long-running legal battle, thereby determining that CEO Daniel Ek would have to provide an up to three-hour deposition. Now, a different judge has affirmed the ruling despite the...
Instagram tests replacing all video posts with Reels in part of the company’s plans to “simplify video” on the app. The company confirmed the change to TechCrunch, saying it’s currently being tested with select users worldwide. “We’re testing this feature as part of...