Doja Cat lives in a world filled with flowers, diamonds, and crypto. At least that’s what can be found on the website hosting Planet Doja, which is what the pop star named her just-announced collection of NFTs. Onlya few months removed from the release of her refreshingly weird third album, …
Read More »Live Nation, Still Without Concerts, Has Lost $300 Million in 2021 So Far
After a year of no concerts or festivals, nearly non-existent revenues have become the norm for concert giant Live Nation Entertainment’s quarterly reports. On Thursday afternoon, Live Nation posted figures for the first quarter of 2021 similar to those of the past three — with the company reporting a 79 …
Read More »Meet the Music Industry's New Black Music Action Coalition
An array of artists, producers, songwriters, managers, record label representatives, attorneys, and other music executives formed the nonprofit Black Music Action Coalition (BMAC) on Monday. In alliance with #TheShowMustBePaused, the group wants to ensure that the music business — which is arguably kept afloat by black music and black creators …
Read More »Without Federal Aid, More than 1,000 U.S. Music Venues Are in Danger of Closing
It’s been nearly two months since live music shut down. For large concert companies, the revenue slippage has been a major burden. For independent venues, which have no corporate parent to fall back on, it’s an “existential crisis,” says Dayna Frank, board president of the newly formed National Independent Venue …
Read More »Deborah Dugan's War Against the Recording Academy Rages On — What's Next?
It’s been two weeks since the ousting of Deborah Dugan sparked a riotous dispute between the former Recording Academy CEO and the organization she once shepherded. Since then, the two sides have engaged in multiple back-and-forth accusations, insults and one scorched earth complaint. With no signs of a slowdown or …
Read More »Music Streaming's Real Value for Most Artists Is Data, Not Money
When Metallica books a tour, the band doesn’t just prepare to play its biggest hits in the biggest cities — it uses granular Spotify data to tease out the specific preferences of its city-specific fanbases, tailoring set lists to location, Spotify’s CEO Daniel Ek revealed on an earnings call last …
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