For the second consecutive year, the Global Music Market posted a revenue increase, driven by streaming and paid subscription.
Spotify has signed a multi-year licensing deal with UMG, but respected industry analyst Mark Mulligan sees the agreement as the tip of a much larger iceberg that puts the music streaming leader in the fast-lane in its platform genre.
Fresh off the heels of receiving nine Grammy nominations last week and being named the #2 Independent Record Label in the US overall by Billboard, Entertainment One Music, under the new leadership of attorney-to-the-stars Chris Taylor, is bullish about the music business heading into 2017.
Canada's largest entertainment content and distribution firm is on a roll, expanding on all fronts--and its revenues are popping as well.
Big changes at Sony. The world's second largest record company has announced that Rob Stringer is to be the company's next CEO, with Doug Morris vacating the seat he has held since 2011.
Entertainment One is shutting down its physical distribution operation to use Warner Music Group's Alternative Distribution Alliance (ADA) to handle CDs and DVDs for its owned labels in North America.
Considered to be a quintessential Quebec pop album, a new XL edition reunites lead vocalist, guitarist and principal songwriter Serge Fiori back with band bassist Louis Valois to add sparkle to the original master tapes that were damaged and then lost...
Canadian-based music publishing and rights management company ole has announced that it has secured a US$500-million-dollar credit facility from a consortium of banks that it will use to fund future acquisitions. Photo (l-r): ole CEO Robert Ott, Kelsea Ballleri, John Ozier and Gilles Godard.
Recorded music leader UMG lost market share in 2015, but WMG, the smallest of the three majors, made the biggest gains, and Sony/ATV remained the leader in terms of corporate publishing control.
Leading Vancouver-based indie labels 604 Records and Light Organ Records move over to Sony for distribution.
The CMRRA has commenced legal proceedings against eOne to resolve a dispute tied to a mechanical licensing agreement...
Marty Bandier, the king of music publishing, has inked a new deal with Sony/ATV that could pay him as much as US$7M a year...