Roblox and big-three music company Sony Music Entertainment announced a new partnership Tuesday that will funnel more of Sony’s extensive roster of superstars into the video game. The companies didn’t reveal any financial details of the deal but highlighted new opportunities available for artists to make money and reach fans. …
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Video game developer Rockstar Games and Ibiza club culture icon CircoLoco announced Monday the launch of new independent record label CircoLoco Records. CircoLoco Records will release its first project, the compilation albumMonday Dreamin’,in July, and will tease the album with individual weekly EP drops starting June 4th. The project will …
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On Friday morning, Apple Music revealed a long-coveted detail to the music business: Its average per-play rate is one cent per stream. The music-streaming company made the announcement in a memo it sent to artists, labels, and other music rights-holders as part of a new series of newsletters.“As the discussion …
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Music streams only offer monetary value for artists when the royalty checks are cashed — often weeks late. Create Music Group (CMG) wants to change this. On Tuesday, the fast growing music distributor, publisher and marketer announced a beta program for Create Carbon, a credit card directly tied to its …
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Online music marketplace Bandcamp announced Tuesday that its pandemic-inspired Bandcamp Fridays initiative — in which it waives its full revenue share on its sales to help artists better fend through Covid — will continue in 2021. Starting in March, when the pandemic cut off touring and removed artists’ most reliable …
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Kid Cudi is helping launch a new fan interaction app called Encore, the app developers announced on Wednesday. He joins a growing slate of artists putting their entrepreneurial weight behind hopeful music startups since the pandemic began in March. Cudi is the co-founder and chief creative officer of Encore, a …
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Talent agencies made steep staff layoffs at the onset of the Covid-19 pandemic. But now, several departed agents from Paradigm — one of the major music agencies that announced cuts — have announced their own company, carrying over prominent touring acts including The War on Drugs, Chvrches, and Courtney Barnett. …
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MTV‘s annual Video Music Awards are the network’s most well-known television offering. So when it decided to press forward with this year’s ceremony on Sunday, August 30th as a live show — making the 2020 VMAs the first major live awards show to take place since COVID-19 shut down events …
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TikTok is launching a $200 million fund to pay creators, the fast-growing video app announced on Thursday — representing the largest and most direct means of TikTok paying its users to date. In recent years, TikTok has proven a breeding ground for stars, with music labels and Hollywood talent agencies …
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Weeks after music’s Blackout Tuesday, which sparked a plethora of heated, industry-wide conversations about systemic racism, companies and executives are still debating the use of the word “urban” in job titles, awards categories, and other facets of the music business. While not all organizations are in agreement about what to …
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