Here’s the Music Industry News Roundup for the week of November 11th, 2016. The news was rather slow this week, probably due to the election. That said, there’s still plenty of news, especially on the record label front. Let’s get into it.
Universal Music’s streaming revenue has topped $1 billion this year already. And streaming is just getting going. The problem is, how much of that is trickling down to the artist and songwriter?
Sony Music wants the crown as the biggest. So it’s planning more acquisitions this year. Check out the executive slide show that Music Business Worldwide managed to get.
Sony’s streaming income increased as well. Not as much as Universal, but growing nonetheless.
Capitol Records celebrates its 75th anniversary. It drops a unique anniversary collection series of 75 albums by some of it’s greatest artists, including The Beatles, Sinatra, Coldplay, Katy Perry and many more.
Facebook is morphing into a next generation media company. That’s the only way left to grow, according to analyst Mark Mulligan, but there seems to be a clear vision on the way forward.
Record Store Day is expanding to Black Friday. New releases coming from Jimi Hendrix, Run-DMC, Bob Dylan and South Park.
Vevo let users turn music videos into GIFs. YouTube’s biggest competitor rolls out a new feature. I don’t think that anyone will particularly care.
The iPod launched 15 years ago last week. Boy, it changed a lot and here’s how.
9 things we learned about the future of the music business. Don’t know if I agree with them all, but they’re worth considering.
That’s the Music News Roundup of what went on in the music industry last week. Let’s see what next week brings.