YouTube announced one of this year’s most significant artificial intelligence developments in the music industry this week when it launched its new experimental AI feature that will allow select users to make song clips featuring AI-generated vocals of superstars including Demi Lovato, Sia and John Legend. Dream Track officially launched …
Read More »The Music Industry Is a Sausage Fest, and This Study Proves It
For all the posturing and promises extended to women in music for years, the music industry has proven almost entirely ineffective at diversifying the mostly male ranks that create music’s biggest tracks. That’s according to the USC Annenberg Inclusion Initiative’s latest “Inclusion in the Recording Studio?” report, which for the …
Read More »Doja Cat Gets Into the NFT Game
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 »Spotify's Stock Market Success Says Nothing About the Future of Music
Had you invested $1,000 in Spotify on January 1st this year, you could pull out $1,800 right now. Had you invested $1,000 in Spotify in the midst of market-zapping pandemic uncertainty in March, you’d have more than doubled your money. Last Thursday, Spotify’s market cap soared to an all-time high …
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 »How the Music Industry Can Keep Its Promises From Blackout Tuesday
It’s been a whole week since the music business held a “blackout” to discuss measures against racism, in response to the killing of George Floyd and other black victims of police brutality. So where are those measures? “I thought it was a good symbolic gesture, a show of silence,” Chuck …
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 »Music Piracy Is Going Old School in the Age of COVID-19
When the global COVID-19 quarantine is over — cautiously, carefully, over — the dust will begin to settle on some dramatic changes in the music business, with some big questions about the future left to answer. Obviously, the importance of live-streaming, previously treated like a nostalgic side-show by the industry, …
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 »Future 25: Rebeca Leon, CEO of Lionfish Entertainment
Latin stands triumphant today as one of the most popular genres of music. Rebeca Leon is a big part of the reason. In 2007, Leon launched the Latin-music division for concert promoter AEG, which she started from scratch and built into a more than $150 million business over 10 years. …
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