This year, Live Nation has seen a marked increase in revenue from VIP experiences — and the strategy is catching on in other areas of the business as well.
Independent artists and labels had a 46.7% share of the global recorded music business in 2023, according to a new MIDiA Research report — 11 points higher than their U.S. share.
As streaming growth slows in mature markets, the majors are increasingly looking to labels, catalogs and services in emerging markets overseas.
Radio programmers quickly stopped playing Combs’ music after lawsuits surfaced. His streams dropped, too, although not as drastically.
Two decades ago, the business endured huge layoffs amid a painful period of sales decline. This time, experts say the industry’s cyclical nature is more to blame.
Experts say an improvement in COVID-era supply chain issues should be good news for physical music purchasers — though other factors may lead to a continued creep in prices.
Label and publisher stocks that soared in 2023 are mostly down this year, as some souring indicators have created uncertainty among investors.
In an unprecedented scenario, Universal Music Group chairman/CEO Lucian and his ascendant son Elliot will control more than a third of the U.S. market — at competing companies.
As companies like Universal Music Group and SiriusXM hit rough patches on certain metrics, cost-cutting has helped their bottom lines.
As the industry seeks fairer ways to compensate creators, economist Will Page proposes rewarding songs that keep people listening.
