Dharma Cornerstone Agency (DCA) has added the popular singer Neha Kakkar to its lineup of talents. This move comes on the heels of DCA’s recent onboarding of several prominent and emerging artists, further cementing its position in the music talent management landscape. Neha Kakkar’s versatility is showcased through tracks like “Mile Ho Tum Humko” and energetic hits like “Kala Chashma.” Neha’s inclusion in DCA marks a significant milestone for both the agency and the artist. This addition will not only diversify DCA’s impressive roster but also amplify Neha Kakkar’s already substantial reach ..read more

Resident Advisor (RA) and SoundCloud have announced a new partnership aimed at strengthening the connection between artists and fans both online and at live events. Starting this month, the collaboration will enhance music and event discovery for users of both platforms. Key features include RA event listings on SoundCloud profiles, an embeddable SoundCloud widget on all RA event pages, and RA-curated playlists on SoundCloud that highlight a diverse range of electronic music. Additional integrations are planned for later this year. “The integration of RA’s events API with SoundCloud‘s platform ..read more

Spotify has overtaken Universal Music Group (UMG) to become the largest music company by market capitalization in the second quarter of 2024, according to new analysis from Omdia. Omdia’s Music Industry Sharewatch report for Q2 2024 highlights that Spotify’s market cap reached $62.5 billion by the end of June, compared to UMG’s $53.7 billion. This marks an 18.2% increase for Spotify from its Q1 value of $52.8 billion, while UMG saw a slight decline of 1.5% from $54.5 billion. The quarter proved to be robust for music streaming services, with China’s Tencent Music Entertainment (TME) securing t ..read more

Omdia’s latest forecasts predict that global retail music sales will continue to rise, marking the tenth consecutive year of growth in 2024. This trend of increasing sales will match the duration of annual declines seen in the early 2000s by the end of the forecast period. The report projects that global sales will reach $43.9 billion by the end of 2024, surpass $50 billion by 2027, and hit $53.4 billion by 2028. These figures encompass consumer spending on physical and digital formats and services, as well as trade revenue from advertising, performance rights, and synchronization. Subscriptio ..read more

The global musical instruments market is experiencing notable growth, driven by the rising popularity of live musical performances and concerts. The advent of social media platforms such as Facebook, Instagram, and YouTube has significantly amplified the reach of musicians, enhancing their global visibility and fostering a renewed interest in live music experiences. Consequently, there has been a surge in the number of self-employed musicians and musical groups, contributing to the market’s expansion. However, the market is not without its challenges. The high costs associated with traditional ..read more

Muzigal, a music education platform, has opened its fourth music academy in Amruthahalli, Jakkuru Layout, Bengaluru. The 2200 sq. ft. facility offers a conducive environment for learning both vocal and instrumental music. The launch event featured Chief Guest Nagaranjini Raghu, a renowned playback singer, and Guests of Honour, Dr. Lakshminarayana Yeluri, the founder of Muzigal. The new academy is said to accommodate over 500 students across multiple batches– providing lessons in Piano, Keyboard, Guitar, Drums, Carnatic Vocals, Hindustani Vocals, Western Vocals, Violin, and Ukulele. Muzigal is ..read more

The Music Division of Dharma Cornerstone Agency (DCA) has expanded its roster by adding 10 new artists. The new additions feature prominent artists such as Jubin Nautiyal, Shakti Mohan, Palak Muchhal, Arjun Kanungo, Celina Sharma, Abhijit Vaghani, Abhay Jodhpurkar, DJ Nemo, DJ Nesz, and Shivvyy. The roster includes notable names like Neeti Mohan, Amaal Mallik, Monali Thakur, Sagar Bhatia, Nikhita Gandhi, Nakash Aziz, Laqshay Kapoor, and Shreya Jain. Born from the collaboration between Dharma Productions and Cornerstone Agency, DCA’s Music Division has rapidly become a significant player in man ..read more

All About Music, India’s premier B2B conference for the music industry, has announced the initial lineup of speakers for its 8th edition. This year’s event, set to take place from August 6th to 8th at the Grand Hyatt, Mumbai, promises an exciting and diverse range of global music industry professionals. Among the notable speakers are the legendary composer and playback singer A. R. Rahman, celebrated filmmaker Subhash Ghai, popular singer Lisa Mishra, and Andreea Gleeson, CEO of TuneCore. Attendees can also look forward to insights from Grammy-winning sound engineer and mixer Alan Meyerson, Vi ..read more

Sony Music Entertainment India and Maddock Films have announced a new and broad strategic collaboration. This partnership aims to produce a variety of music projects, including film soundtracks and independent pop projects featuring top Indian talent. Key projects in this alliance include the soundtracks for the upcoming Hindi film “Chhava,” starring Vicky Kaushal and Rashmika Mandanna with music by A.R. Rahman, the drama “Diler” featuring Ibrahim Ali Khan, and “Ikkis,” starring Agastya Nanda with music by Sachin-Jigar. Additionally, soundtracks for “Luka Chhupi 2,” “Sector 36” starring Vikran ..read more

Wynk Music, a popular music streaming platform, has surpassed 1.7 billion streams for songs by independent artists on its Wynk Studio, just two years after its launch. Amit Tripathi, Chief Marketing Officer of Bharti Airtel, highlighted the vision behind Wynk Studio, emphasizing its role in providing a platform for emerging artists to monetize their music and offer a diverse music library to listeners. “Wynk Studio was created to support budding artists, helping them to build sustainable careers in the music industry while enriching our music catalog with diverse and fresh content,” Tripathi s ..read more