Digital Music News
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Digital Music News is the music industry's leading source for news on developments, technology, and trends. DMN is for people in music!
Digital Music News
2h ago
Citing the revenue momentum of publishing, concerts, and streaming in emerging markets, Goldman Sachs has bumped its music sales forecast for 2024. Goldman just recently disclosed this updated 2024 outlook as part of its Music in the Air report. Featuring a number of interesting data points and adjacent takeaways, that analysis spans 75 pages, with ..read more
Digital Music News
5h ago
Is streaming super-bundling on the way? New research suggests price-conscious consumers are making cuts to subscriptions where they can. A new survey of 2,200 US-based music streamers has found that emerging consumer challenges may demand new attitudes—and super-bundling may be the answer. Global streaming earnings reached $19.3 billion and 713 million subscribers in 2023, but ..read more
Digital Music News
5h ago
Eight months after debuting new tags for AI-created videos – and about one week after putting its Universal Music licensing dispute to rest – TikTok is expanding labels for auto-generated media. The platform just recently unveiled its enhanced AI-labeling approach in a more than 700-word announcement message. That post, longer and more detailed than many ..read more
Digital Music News
19h ago
Lil Durk is relaunching his label venture, OTF Entertainment, announcing a new partnership with record company AWAL. Rapper Lil Durk is embarking once more on his entrepreneurial pursuits, announcing a partnership with record company AWAL to relaunch his label venture, OTF (Only The Family). The partnership sees OTF benefitting from AWAL’s infrastructure and artist development ..read more
Digital Music News
19h ago
Apple Music unveiled a new subscription data analytics program aimed at record labels and distributors dubbed Apple Music Partner Program. Subscribers will gain access to over 4,500 charts ranking as many as 1,500 songs across 60 genres and 270 regions. The tool uses Apple’s Shazam technology to monitor airplay over 40,000 broadcast and streaming radio ..read more
Digital Music News
19h ago
After their successful collaborative collection late last year, Adidas Originals teams up once again with California alt metal band Korn for a selection of footwear, apparel, and accessories. Drawing on the band’s style and love for sporting the classic Three Stripes Adidas tracksuits, this year’s collection is highlighted by a green sequined tracksuit with co-branded ..read more
Digital Music News
21h ago
Maryland Governor Wes Moore has signed the state’s comprehensive secondary ticketing legislation into law. The ticketing reform law will go into effect July 1. Bill SB539 sponsored by Dawn Giles, bans the practice of speculative ticketing and makes reseller platforms accountable for any speculative ticket sales on their platform. The law carries a penalty of ..read more
Digital Music News
1d ago
Downtown Music Holdings has reportedly secured an additional half-billion-dollar credit facility to bankroll indie advances. The 17-year-old company’s $500 million credit-facility expansion came to light in a Bloomberg piece today. At the time of this writing, Downtown itself didn’t appear to have published a formal release on the subject. Running with the mentioned article, though ..read more
Digital Music News
1d ago
GoDigital’s Cinq Music has officially acquired the catalog of Puerto Rican songwriter and producer José Angel Hernández, better known as Flow La Movie. Cinq, into which GoDigital injected $250 million in February, just recently announced the song-rights investment. Flow La Movie passed away in a plane crash in late 2021, and Cinq inked the newly finalized ..read more
Digital Music News
1d ago
UK charity Music Venue Trust announces the second acquisition for Music Venue Properties under its first-of-its-kind Own Our Venues scheme. The Ferret in Preston, a 200-capacity venue which has hosted artists like Ed Sheeran, Idles, Alt-J, Royal Blood, and many more, will now be placed into a permanent protected status. Dubbed the National Trust for ..read more