DMN Pro Archive - Digital Music News

DMN Pro Weekly: US-Based Recorded Music Sales Are Still 36% Below 1999 Inflation-Adjusted Peaks, Latest Data Reveals

Paul Resnikoff — Thu, 07 Nov 2024 02:01:57 +0000

Here’s a hard, inflation-adjusted look at the actual state of recording music sales in 2024 – and where things might go next.

Somewhere, in the gigantic and conflicting jumble of music industry statistics being bandied about, recorded music sales made a clean comeback. The phrase, ‘streaming saved the music industry,’ is partly true. However, when it comes to actual recorded music revenues, the latest data reveals that streaming hasn't come close to powering an actual recorded music sales comeback, particularly in the largest recorded music market.

Report Table of Contents

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Are CDs Coming Back? A Look at the Strange New Data on Discs

Paul Resnikoff — Thu, 31 Oct 2024 04:00:19 +0000

After flatlining into obscurity, is the CD format quietly staging a comeback. . .

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Has the Vinyl Comeback Been Greatly Exaggerated? A Closer Look at Some Confusing New Data

Paul Resnikoff — Thu, 24 Oct 2024 00:32:54 +0000

Has the vinyl comeback been wildly overstated? In our latest DMN Pro investigatory research report, we take a closer look at a mess of confusing new data from Luminate. . .

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Music Industry Lawsuits Aren’t Letting Up During 2024’s Final Quarter — Here’s a Look at Eight Especially Important Cases

Paul Resnikoff — Wed, 16 Oct 2024 23:59:06 +0000

Far from slowing since DMN Pro’s last lawsuit breakdown, music industry litigation has continued ramping up both in quantity and in significance. Here’s an updated list of eight especially important suits to watch during 2024’s final quarter and into the new year. . .

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Is Goldman Sach’s Streaming Forecast Too Rosy? The Problems With the Bank’s Emerging Market Growth Theory

Paul Resnikoff — Wed, 09 Oct 2024 22:28:21 +0000

Amid a streaming-growth slowdown in developed music markets, Goldman Sachs is banking on continued revenue results due largely to expansions in emerging spaces. But is this a rose-colored attempt to talk past a plateau. . .

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Music Funding Slipped In Q3 2024 to $425 Million — Who’s Still Getting the Startup Cash?

Paul Resnikoff — Wed, 02 Oct 2024 22:31:05 +0000

In keeping with existing 2024 trends, third-quarter music industry funding rounds fell well short of their Q3 2023 counterparts in both volume and cumulative value.

Even so, the newly completed quarter wasn’t without signs of a possible rebound.

These and other insights are made possible by the Music Industry Funding Tracker, DMN Pro’s one-stop database of raises from in and around the music world. The Tracker, which complements this report, includes round types, amounts, participating investors, and more dating back to 2014. It. . .

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Lyte Is Melting Down After Burning Through $53 Million In Funding — Our Preliminary Report on the Warning Signs and Far-Reaching Fallout

Paul Resnikoff — Wed, 25 Sep 2024 22:24:03 +0000

After $53 million in investor funding, ticketing platform Lyte is melting down—complete with a shuttered website, a rapid-fire selloff, and major disruptions for music festivals and fans. Here’s our preliminary finding on what led to the crash and the industry-wide damage.

Scrutiny of the available clues tells us that Lyte may have shown signs of distress well before it suddenly. . .

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Music Industry Funding Has Topped $360 Million During the Past Month Alone — What Are Investors Betting On?

Paul Resnikoff — Thu, 19 Sep 2024 03:00:57 +0000

Between mid-August and mid-September 2024 alone, music industry companies secured over $360 million in funding. But where’s the money going. . .

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Is It Time to Turn Off Ad-Supported Streaming? Breaking Down the Multibillion-Dollar Question Amid Slowing Subscription Growth

Paul Resnikoff — Wed, 11 Sep 2024 22:28:08 +0000

Amid slowing subscription streaming growth and a larger-than-ever number of ad-supported listeners, is it time for leading music platforms to make near-term monetization the priority?

Starting with what we know for certain, Americans don’t have a problem paying for streaming in one form or another. According to Forbes, 99% of households are subscribed to at least one streaming service. Specifically in the music world. . .

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How Serious Is the U.S. Streaming Slowdown? Here’s What the Last 10 Years of Industry Data Tells Us

Paul Resnikoff — Thu, 05 Sep 2024 05:00:14 +0000

For 2024’s opening half, the RIAA reported that U.S. on-demand streaming subscriptions had grown by a modest 2.7% year over year (YoY) as subscription revenue increased by 5.1%. Amid discussions about the slowdown, what does historical data tell us. . .

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Mechanical Per-Stream Payouts Ranked (US): Spotify, Apple Music, Amazon Music, YouTube Music, More

Paul Resnikoff — Wed, 04 Sep 2024 10:13:22 +0000

A ranking of per-stream mechanical licensing royalty payments by DSP platform, including the 'big four' streamers Spotify, Apple Music, Amazon Music, and YouTube Music. Data from SoundCloud and Tidal are coming next. . .

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Is Warner Music Really Achieving ‘Strong Subscription Streaming Growth’? We Crunched the Numbers to Find Out

Paul Resnikoff — Thu, 29 Aug 2024 04:15:15 +0000

For Universal Music Group and Warner Music Group, calendar Q2 2024 was a tale of two earnings reports — and streaming forecasts. While UMG acknowledged a subscription-growth slowdown, the Robert Kyncl-led WMG emphasized “strong” improvements. But are things as rosy as they seem for today’s third-largest major label?

DMN Pro crunched the numbers to answer that question, which is particularly pressing given the industry-wide implications of a growth slowdown at UMG.

I. Introduction: The Stark Contrast Between the Calendar Q2 Earnings Reports. . .

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Did Kunlun Tech Train Melodio on Copyrighted Tracks? We Tested ‘The World’s First AI-Powered Music Streaming Platform’ to Find Out

Paul Resnikoff — Wed, 21 Aug 2024 23:47:09 +0000

Is Melodio being trained on copyrighted music? DMN Pro takes a look under the AI hood. . .

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Nearly Half of All Active Music Litigation Is Being Handled by Just 12 Firms — And Other Fun Facts From Our Latest DMN Pro Weekly

Paul Resnikoff — Thu, 15 Aug 2024 20:56:52 +0000

What are the most active law firms and litigators in the music industry? Here's a ranking based on nearly 140 active cases being tracked by DMN Pro.

Litigation is hardly rare in the music industry, where each month brings a slate of new cases. But which legal professionals are representing the parties behind the suits?

A detailed answer to that question is made possible by DMN Pro’s. . .

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Could the Major Labels Lose Against Suno and Udio? A Pressing Look At Where These Critical Cases Stand

Paul Resnikoff — Thu, 08 Aug 2024 02:00:11 +0000

Two critical court cases carry the potential to change the music industry for decades to come — and this is anything but a slam dunk for the major labels. So where do things stand in these all-important battles. . .

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DMN Pro Weekly Report: 55% of Active Music Industry Lawsuits Involve Copyright Disputes. What’s the Remaining 45% About?

Paul Resnikoff — Wed, 31 Jul 2024 23:26:00 +0000

One thing the music industry doesn’t lack is litigation – or threats of litigation. But what kinds of disputes are behind the steady stream of lawsuits?

DMN Pro zeroed in on that question by analyzing data from its soon-to-be-released Music Industry Litigation Tracker. Comprehensive and filterable, the one-stop database of industry and industry-adjacent suits will feature a variety of case-specific details – from the involved parties and their counsel to assigned judges and court venues.

I. Introduction. . .

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DMN Pro Weekly Report: Last Month, 97% of Spotify Accounts Were Classified as Bundles. Now, That Figure Is 98%.

Paul Resnikoff — Wed, 24 Jul 2024 23:30:20 +0000

In March, Spotify officially flipped the switch on its controversial bundling strategy. One reporting month later, the streaming giant is showing few signs of letting up.

Four months have passed since Spotify officially reclassified the vast majority of its U.S. subscriptions as bundles — thereby unlocking massive royalty savings. But just how big of an impact is the sweeping change having on stateside mechanicals?

In this DMN Pro Weekly Report, we revisit this pressing question — and find that Spotify isn't letting up on its bundling pivot. Here's what the latest data shows.

Report Table of. . .

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The Music Industry Is Bursting With Litigation — Here Are 10 Particularly Game-Changing Lawsuits to Watch

Paul Resnikoff — Thu, 18 Jul 2024 04:00:45 +0000

From infringement complaints against generative AI developers to unpaid royalty actions targeting streaming platforms, the music industry certainly isn't lacking high-stakes litigation. Here are ten particularly important lawsuits with major implications to watch moving forward.

How many active lawsuits, conflicts, settlements, negotiations, and legal stare-downs are happening in the music industry — right now? At last count, Digital Music News is tracking more than 140 different filed lawsuits in the United States alone, all in various stages of litigation. And that doesn't include the drumbeat of cease-and-desists. . .

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The Bundling Barometer: What Percentage of Streaming Subscriptions Are Bundled?

Paul Resnikoff — Fri, 12 Jul 2024 00:42:24 +0000

A breakdown of bundled offerings from the top steaming music platforms in the United States, with particular emphasis on which bundles impact downstream publishing royalties. Spotify, Apple Music, Amazon Music, and YouTube Music, which comprise more than 97% of the music DSP market in the US, are the focus of this database. . .

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Spotify Went ‘Full Bundle’ And Isn’t Looking Back. But What Are the Other Music Platforms Doing?

Paul Resnikoff — Thu, 11 Jul 2024 01:00:39 +0000

From Spotify’s now-numerous audiobook “bundles” to Apple Music One and many in between, on-demand streaming is building more multi-offering packages than ever — with considerable compositional royalty implications. But how big is bundling for leading music streaming platforms?

The question is especially pressing today amid continued controversy over Spotify’s decision to abruptly reclassify its main tiers as bundles. As lamented by the publishing space (and as broken down by DMN. . .

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What the Hell Is Going on With Hipgnosis? A Look at the Tangled Mess Just Days Before a Critical Sales Vote

Paul Resnikoff — Thu, 04 Jul 2024 06:45:32 +0000

Six years and many twists later, what’s going on with Hipgnosis Songs Fund (HSF), the Merck Mercuriadis-founded company that owns 138 high-profile catalogs? The question is front of mind in industry circles now that Hipgnosis, having for some time made headlines for its operational difficulties, is poised to sell.

Report Table of Contents

I. Introduction: Where Hipgnosis Songs Fund Stands Directly Before a Possible Sale

II. A Recap of Hipgnosis Songs Fund’s Rollercoaster 2024: Key Developments from the Year’s Opening Half

Graph 1:

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Streaming Music Subscriber Market Share Breakdown (US)

Paul Resnikoff — Thu, 27 Jun 2024 22:07:11 +0000

A breakdown of US-based subscribers for all major streaming music platforms (DSPs) and subscription types. . .

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It’s Been a Wild Month for AI Music. Here’s a Closer Look at the Leaps and Lawsuits of the Past Few Weeks

Paul Resnikoff — Thu, 27 Jun 2024 06:00:30 +0000

It's been a dizzying month for AI music. Here's a closer look at some major recent advancements in music AI technology, as well as a potentially groundbreaking pair of lawsuits lodged by the major music labels.

Thanks to a quick-moving June 2024, AI music technology has quietly taken a leap forward – and found itself at the center of two RIAA-spearheaded lawsuits. With the unprecedented technology’s evolution showing few signs of slowing, what will the corresponding music industry impact look like through the remainder of the year and beyond?

Report Table. . .

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Spotify Mechanical Royalty Payments Drop 44% Month-to-Month as Bundling Takes Root — Here’s a First Look at the Raw Post-Bundling Numbers

Paul Resnikoff — Thu, 20 Jun 2024 04:45:36 +0000

As confidential data pours in, DMN Pro crunches the numbers on the impact of Spotify’s bundling discount. . .

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Spotify Stands to Gain at Least Half-a-Billion a Year From Its Latest Price Increases In the U.S. Alone. Music Publishers Won’t Be Seeing Much of That.

Paul Resnikoff — Thu, 13 Jun 2024 06:00:44 +0000

Spotify has once again raised prices in the U.S. as well as the U.K., where individuals must now pay $11.99 and £11.99 per month, respectively, for ad-free listening. That will create a handsome windfall for Spotify and well-positioned partners like major labels. Music publishers won't fare so well, however, despite the top-line increases.

How will Spotify's latest price-hikes impact subscriber growth and revenue in the long term – including for music publishers? Many are asking that question in the wake of the pricing changes, which were announced in April. . .

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Spotify Accounted for More Than 42% of All U.S. Mechanical Royalties Prior to Its Pre-Bundling Shift, DMN Pro Analysis Reveals

Paul Resnikoff — Thu, 06 Jun 2024 03:45:26 +0000

How much are streaming music platforms actually paying for publishing in the U.S.? Amid an intensifying battle over Spotify’s bundling and a corresponding mechanicals decline, here’s a comprehensive look at actual payout data preceding Spotify's big move.

DMN Pro's latest trove of exclusive data — sourced from actual mechanical payments receipts and documents — gives us the closest look yet at how Spotify's mechanical royalty payments compare to other streaming platforms in the United States. That is, for the last month before Spotify switches a large percentage of its accounts to bundled status.

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Spotify’s Lead In the U.S. Is Narrower Than You May Think — Here’s Our Latest Streaming Music Market Share Report

Paul Resnikoff — Thu, 30 May 2024 04:00:12 +0000

Where do streaming services like Spotify, Apple Music, and Amazon Music stand in the world’s largest music market? Here's our detailed look at leading platforms’ subscriber stats as well as key streaming landscape takeaways, exclusively for DMN Pro subscribers.

Last week, subscriber data leaked to Digital Music News revealed that Spotify remains atop the. . .

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Sync Placement Platforms Summarized

Paul Resnikoff — Sat, 25 May 2024 22:10:18 +0000

A detailed rundown of the leading sync placement platforms for artists, managers, labels, publishers, and music supervisors. . .

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Streaming Audio Fidelity & Pricing Tracker

Paul Resnikoff — Sat, 25 May 2024 21:54:51 +0000

What streaming platforms are offering in terms of audio fidelity and associated pricing. . .

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Are Music IP Acquisitions Slowing Down? Here’s What the Data Says Through 2024’s First Five Months

Paul Resnikoff — Thu, 23 May 2024 05:00:41 +0000

Amid an uncertain economic climate and cooling industry funding, how are catalog acquisitions faring in 2024? We crunched the numbers to see where the space is positioned and where it could be heading during the rest of the year.

This latest check-in on the song-rights arena is made possible by our Music IP Acquisition Tracker

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As Spotify Embraces Bundles, Mechanical Royalties Take a Hit — But Are We Missing the Big Picture Here?

Paul Resnikoff — Thu, 16 May 2024 02:45:22 +0000

Make no mistake, music publishers aren't thrilled about Spotify's big shift towards bundled offerings.

NMPA head David Israelite has condemned in no uncertain terms Spotify’s “perversion of the settlement” behind Phonorecords IV, making clear as well that “all options” are on the table when it comes to pushing back against the “potentially unlawful” change. And the Association of Independent Music Publishers (AIMP) has likewise decried the “deeply cynical move.”

Others are far less concerned. Book publishers are for obvious reasons thrilled about Spotify’s overarching audiobook buildout, which has reportedly paid them “tens of millions. . .

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$25 Tickets Are Back In Full-Force With Live Nation’s ‘Concert Week’ — But What’s the Game Here?

Paul Resnikoff — Thu, 09 May 2024 06:30:34 +0000

About one week after reporting positive Q1 2024 financials, Live Nation has kicked off its “Concert Week” promotion, offering fans $25 tickets to shows from acts including Avril Lavigne, Dierks Bentley, and Pitbull. For a company that’s faced ample pricing criticism from both customers and lawmakers, what exactly does the promotion mean?

To date, that question has received relatively little attention in the media, where the spotlight remains on Live Nation’s increasingly strong earnings, Concert Week itself, and the Justice Department lawsuit that the Ticketmaster owner is staring down. Long the. . .

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More Than Half of 13-34 Year-Olds Still Listen to Radio Every Single Day In the US — But Can This Format Survive the Next 10 Years?

Paul Resnikoff — Thu, 02 May 2024 02:50:13 +0000

The data is both encouraging or depressing — and the landscape is more complicated than ever. But where does radio stand in 2024, given a quick-evolving streaming landscape and an increasingly digital music space? Six experts tackled the complex question and discussed the medium’s path forward during our latest DMN Pro event. Here are some of the takeaways.

If radio is dead, listeners haven't quite noticed. Nielsen, in its Radio Today report, . . .

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‘What Is Radio in 2024?’ featuring will.i.am, Michael Huppe, Rahul Sabnis, Joel Denver, RJ Curtis, Lee Abrams

Nicole Haiimpoor — Thu, 25 Apr 2024 20:15:22 +0000

What Is Radio in 2024? The question is surprisingly complex — so we assembled a panel for recognized radio experts to help pick it apart.

The result is a comprehensive discussion on the state of radio in all of its iterations, including broadcast, streaming, satellite, DSP-generated stations, AI DJs, car dashboards, and more. In this DMN Pro exclusive discussion, we pick apart radio's reach, the format's surprising competitive advantages, and where non-interactive listening is heading next.

We also had a few good laughs, with will.i.am keeping things light. Jump in!

DMN Pro. . .

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Have Music Festivals Hit Their Peak? A Look at Why Coachella and Other Big Festivals Aren’t Selling Out

Paul Resnikoff — Wed, 24 Apr 2024 19:58:01 +0000

Following a post-COVID rebound for live entertainment, are music festivals hitting their peak? That’s the question many are asking now that sellouts are eluding high-profile events including Coachella.

For most concerts and festivals, failing to sell out isn’t necessarily indicative of a downturn. But in years past, fans promptly scooped up all the passes to Goldenvoice-organized Coachella – a driving factor behind the addition of a second weekend. That makes the 2024 installment’s comparatively lackluster commercial performance particularly interesting.

As we reported, the first weekend eventually sold out (requiring substantially more time than. . .

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Will Twitter/X Ever Pay for Music? A Closer Look At the NMPA’s Legal Battle Against Elon Musk

Paul Resnikoff — Wed, 17 Apr 2024 21:01:22 +0000

X (formerly Twitter) is grappling with a copyright infringement lawsuit from 17 NMPA-corralled music publishers demanding hundreds of millions of dollars in damages. But given a number of setbacks in the case for publishers, will the Elon Musk-owned platform ever pay for the use of music. . .

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Spotify Price Increases Are Coming: But What Do They Mean for Labels, Publishers, Artists, and Spotify Itself?

Paul Resnikoff — Thu, 11 Apr 2024 05:00:51 +0000

Wall Street’s positive response to reports of additional Spotify price increases pushed shares to a 52-week high. But what would larger monthly costs mean for the platform, labels, artists, and the wider industry. . .

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Spotify Ranks Number One for Most Accurate Payments and Reporting, According to Billions of Analyzed Streams. Guess Who’s Dead Last?

Paul Resnikoff — Thu, 04 Apr 2024 00:50:52 +0000

Streaming music has been booming for years. But amidst all the rapid growth, how is the accuracy of reporting and payments faring?

In our latest DMN Pro Weekly report, we take an in-depth look at the data to rank today’s leading platforms on payouts and overall reporting accuracy.

The results may surprise you.

Report Table of Contents

Introduction: Streaming’s Growth and the Corresponding Importance of Accurate Payments

Graph: DSPs by 2022 Payments Accuracy

Spotify’s Recent Recording Royalties. . .

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What a TikTok Ban Really Means for the Music Industry — A Comprehensive Breakdown of the Winners & Losers After TikTok Is Gone

Paul Resnikoff — Tue, 02 Apr 2024 23:41:34 +0000

TikTok is battling its greatest regulatory threat to date in the U.S., where the ByteDance-developed app’s shutdown would affect a multitude of individuals, companies, and spaces. But what does this mean for the music industry — and all of its complicated sub-sectors?

In this white paper, DMN Pro takes an exhaustive look at the post-TikTok music industry’s winners and losers, from the major labels to DSPs and artists to UGC competitors.

REPORT TABLE OF CONTENTS:

Introduction: The Post-TikTok Music Landscape Could Give Rise to Unprecedented Changes – With Implications for. . .

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Life After TikTok: What Does a Ban Mean for the Music Industry?

Paul Resnikoff — Thu, 21 Mar 2024 03:00:30 +0000

TikTok is facing its greatest regulatory threat to date in the U.S., where lawmakers are rallying behind forced-sale legislation. TikTok says this would effectively amount to a ban in the app’s biggest market, with ripple effects impacting dozens of industries. But what exactly would a ban look like for the music industry?

TikTok’s possible U.S. shutdown would bring music-specific consequences affecting licensing, supplemental artist income, promotion, discovery, fan interaction, and more. Though nothing to scoff at, the lost licensing revenue would pale in comparison to the absence. . .

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How the K-Pop Industry Is Becoming Less Dependent on K-Pop — A Look at the Latest Moves by Hybe, JYP, YG, SM, and Others

Paul Resnikoff — Thu, 14 Mar 2024 01:57:43 +0000

Hybe kicked off March by acquiring nearly $80 million worth of SM Entertainment stock, underscoring its continued expansion ambitions following the November purchase of Exile Music. With others also diversifying amid a potential K-pop slowdown, will a global approach ensure the genre’s continued influence in the long term?

What if the success of Hybe and K-pop itself isn’t dependent on BTS – or any one act, for that matter? The company (and to some extent its rivals) has now emerged as a global business. And if early 2024 developments are. . .

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What Will UGC Licensing Look Like After the UMG-TikTok War?

Paul Resnikoff — Thu, 07 Mar 2024 06:00:58 +0000

More than one month into the TikTok and Universal Music Group standoff, all signs point to an intensifying dispute between the companies. Here's an analysis of where the high-stakes impasse stands – and how the episode's fallout could drive a fundamental shift in the way music factors into the UGC space.

It can be safely stated that February delivered little concrete progress toward a resolution for TikTok and UMG, thereby setting the stage for a possible multi-month (or longer) standoff. As a result, the conversation naturally transitions to what UMG’s aggressive approach means for. . .

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Music IP Acquisitions Are Exploding, With Early 2024 Spending Topping $2 Billion — Is This the Beginning of a Record-Setting Year?

Paul Resnikoff — Thu, 29 Feb 2024 00:00:36 +0000

2024’s first two months saw billions pour into music IP, with one of the largest single-catalog deals to date occurring. Amid continued streaming growth and strong listenership for the hits of yesterday, does the early momentum mark the start of a serious rebound and record-setting surge?

Just how big has 2024 been for music-focused IP acquisitions? This big: north of $2 billion was spent or committed to song rights across 2024’s first two months, with high-profile plays and a record catalog valuation.

While blockbuster agreements arrived during the same period in 2021. . .

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The Cool 100

Paul Resnikoff — Thu, 22 Feb 2024 05:41:51 +0000

The world's most comprehensive and balanced ranking of top songs, powered by Chartmetric. . .

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Music IP Acquisition Tracker

Paul Resnikoff — Thu, 22 Feb 2024 05:36:39 +0000

A rundown of music IP purchases across publishing, recording, and other rights. . .

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How Valuable Is the Super Bowl for Artists? A Look At the Data Behind the Record-Setting 2024 Game

Paul Resnikoff — Thu, 22 Feb 2024 00:15:11 +0000

The longest and most-viewed Super Bowl in history featured performances from a number of artists – chief among them Usher, who headlined a star-studded halftime show sponsored by Apple Music. But what kind of commercial results did the big game drive for the acts?

According to Nielsen, Super Bowl LVIII attracted a record 123.7 million average viewers, up markedly from LVII's approximately 115 million watchers and over 20 percent higher than LVI's viewership. Fueled by a competitive match-up that culminated in a nailbiter overtime ending – and, of course. . .

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Charts

Paul Resnikoff — Thu, 15 Feb 2024 23:18:21 +0000

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Daniel Ek and Other Spotify Insiders Recently Sold Nearly $100 Million Worth of Company Stock — A Look at Whether This Matters

Paul Resnikoff — Wed, 14 Feb 2024 20:16:57 +0000

Following the release of Spotify’s Q4 2023 earnings report, insiders including CEO Daniel Ek sold a total of almost $100 million worth of company stock. Amid a push for profitability – and as shares continue to hover around a 52-week high – what does the selloff mean for the streaming giant’s 2024?

Spotify (NYSE: . . .

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The Universal Music-TikTok Licensing Battle Is in Full Swing — But What Do We Actually Know About TikTok’s Licensing Agreements?

Paul Resnikoff — Thu, 08 Feb 2024 03:06:43 +0000

Predictably, the nuances of TikTok's deal (or lack thereof) with Universal Music aren't publicly available and will likely remain confidential. But that doesn't mean we lack insight into the deal TikTok sought to secure with the major label. Here's a much closer look at the standoff and its bones of contention.

On January 30th, Universal Music Group (UMG) announced the imminent end of its TikTok licensing deal. As described in an. . .

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It’s Been Three Years Since Apple Music and Amazon Music Introduced Premium Audio Upgrades. So Where Is Spotify’s ‘Supremium’?

Paul Resnikoff — Wed, 31 Jan 2024 19:57:04 +0000

After years of investing in lossless and spatial audio, Apple Music and Amazon Music have cemented premium audio as a key part of their offerings. But the market leader, Spotify, is still plotting its entry into high-definition and spatial audio, raising questions about the streaming landscape’s trajectory in 2024 and beyond.

Nearly three years have passed since Apple Music and Amazon Music announced (on the same day) far-reaching premium audio expansions, extending both to. . .

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Music Web3 Funding Decreased 51% Between 2021 and 2023 — Where Does This Sector Stand In 2024?

Paul Resnikoff — Thu, 25 Jan 2024 04:10:24 +0000

During 2021 and 2022, capital rushed into non-fungible token (NFT), cryptocurrency/blockchain, metaverse, and wider music Web3 startups in the music industry. But how are these businesses faring amid dramatic funding and market changes?

Following the hype surrounding music Web3 startups and their vast capital raises, how are these companies doing? With a quick-moving media cycle often skipping to the next story, a number of underperforming Web3 companies. . .

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Did You Miss DMN Pro’s ‘Missing Payments’ Event? We Archived It for You.

DMN Pro — Wed, 24 Jan 2024 23:15:57 +0000

DMN Pro Q1 2024: Missing Payments? A Look At Loss Prevention In Music

A comprehensive discussion on the state of music licensing, streaming fraud, metadata, and getting paid — with a panel of the foremost authorities in the music industry. Missing payments? Tune in!

Moderator: Paul Resnikoff, Publisher of Digital Music News

Panel 1: UGC Licensing Pitfalls

Virginie Berger - Chief Business Development and Rights Officer of MatchTune

Alexander Baynum - Director of U. . .

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MENA’s Music Industry Is Thriving: What Does 2024 Have In Store?

Paul Resnikoff — Thu, 18 Jan 2024 01:30:18 +0000

The rapid development of MENA’s collective music space, far from being a secret, has driven more than a few industry conversations and investments in recent years. According to the International Federation of the Phonographic Industry (IFPI), the region’s recorded music sphere grew 23.8% year over year (YoY) during 2022, with 95.5% of revenue attributable to streaming.

MENA — short for Middle East/North Africa — is an acronym getting a lot more play in music industry discussions these days.

But what's really happening in this region? In this DMN Pro report, we pick apart the. . .

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New Music Release Tracker

Paul Resnikoff — Wed, 17 Jan 2024 14:27:01 +0000

The 100 most notable new music releases across all genres and countries. . .

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Weekly Report: Can Spotify Achieve Profitability In 2024? A Look at a Possible Inflection Point

Paul Resnikoff — Wed, 10 Jan 2024 23:45:04 +0000

For a company that has never made an annual profit and accumulated losses of over $4 billion over the years, we dive into the details to decode whether Spotify’s latest moves — layoffs, podcast cuts, trimmed operational costs and raised subscription prices — can finally lead to an ecosystem in which the streaming market leader can be profitable.

In our latest DMN Pro Weekly research report, we take a closer look at the prospects of Spotify becoming profitable in 2024 and beyond.

Report Table of Contents

Scale vs. Profitability: Spotify’s Empty Pockets

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Weekly Report: Music Industry Funding More Than Doubled In 2023 — But Why All the Optimism?

Paul Resnikoff — Fri, 05 Jan 2024 05:00:23 +0000

Despite the beginnings of a potentially serious correction in music IP valuations, music industry funding in 2023 added up to more than twice the amount poured into music in 2022. It’s raining investments and funding for all things music — whether it’s music AI, live show ticketing platforms, catalog financing, or creator collaboration tools. But what’s really driving the gains, and how long will this party last?

In 2023, music tech startups and companies collectively fattened their coffers with almost $10 billion in funding, according to tracking compiled by Digital Music News. Compared to. . .

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The Music Industry Funding Tracker

Paul Resnikoff — Mon, 01 Jan 2024 05:41:54 +0000

A compendium of music industry funding rounds across every sub-sector and investment stage. . .

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Data

Paul Resnikoff — Sat, 30 Dec 2023 03:03:00 +0000

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Events

Paul Resnikoff — Fri, 29 Dec 2023 23:12:50 +0000

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Weekly Report: The Definitive Guide to Spotify’s Changes In Sound Recording Royalty Calculations — And Its Impact on Artists

Paul Resnikoff — Thu, 21 Dec 2023 02:45:48 +0000

In our latest DMN Pro Weekly Report, guest author Jeff Price offers an exhaustive breakdown of Spotify’s updated payout structure for sound recording royalties — and what if means for everyone in the music industry food chain.

The most remarkable takeaway from this report? For Spotify, the percentage of total revenue allocated to sound recording royalties doesn’t decrease when its new model rolls out in 2024’s Q1. So Spotify’s bottom line won't benefit from the revamp.

But rising, developing, and indie artists will no longer receive royalties. . .

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AI vs. Copyright — A Detailed Look at the Current Legal Landscape

Paul Resnikoff — Sat, 16 Dec 2023 07:48:59 +0000

Where are the legal battle lines being drawn between the music industry and AI? This exhaustive DMN Pro white paper takes an in-depth look at a rash of early-stage lawsuits against AI giants, while assessing the core issues at stake and potential outcomes for the music industry and musical artistry overall.

For an industry that revolves religiously around monetization and IP protection, the tigerish response from music labels, publishers, and industry bodies against AI giants is hardly surprising. The music industry’s early position on the matter of copyright places human artistry, creativity, and authorship at. . .

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The Hipgnosis v. Hipgnosis Lawsuit Is Heating Up — And It’s Uglier Than You Think

Paul Resnikoff — Thu, 07 Dec 2023 04:00:10 +0000

In our latest DMN Pro Weekly Report, we delve into the complex web of companies known as 'Hipgnosis,' while previewing a legal battle between Hipgnosis entities (past and present) that promises to be ugly. Can the once high-flying Hipgnosis Songs Fund survive this latest attack without serious long-term damage?

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Weekly Report: Should We Just Get Used to AI Voice Cloning?

Paul Resnikoff — Thu, 30 Nov 2023 06:00:20 +0000

In our latest DMN Pro Weekly Report, we pick apart the tangled string of recent events surrounding generative AI voice cloning. Are we on a journey towards ‘generating’ an entirely new music ecosystem? And if so, what are the mechanics governing artist copyright and compensation in this new environment?

Despite the AI technology’s scary first steps into the music industry and multiple copyright infringement lawsuits filed against AI companies, are we also witnessing a general theme of acceptance slowly gaining steam?

Here's another complex question to add to this soup: how are monster-funded. . .

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Weekly Report: Investors Still Aren’t Sold on Robert Kyncl’s Vision for Warner Music Group. Will That Change In 2024?

Paul Resnikoff — Wed, 22 Nov 2023 19:18:57 +0000

In our latest DMN Pro weekly analytical report, we take a closer look at investor sentiment surrounding Warner Music Group and the company's retreaded vision under CEO Robert Kyncl. WMG is the perennial number three after Universal Music Group and Sony Music Entertainment, but what's in store for 2024?

During his first 11 months as CEO of Warner Music Group (WMG), Robert Kyncl made a series of moves that he says will ultimately help the smallest of the Big Three labels to thrive. Despite these assurances and WMG’s improved Q3 financials, some investors remain uncertain. . .

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Weekly Report: Hipgnosis Songs Fund Is Melting Down — What Comes Next for the Formerly High-Flying IP Investor?

Paul Resnikoff — Thu, 16 Nov 2023 04:00:37 +0000

Late last month, following several far-from-ideal developments for Hipgnosis Songs Fund (HSF), investors voted overwhelmingly against the Merck Mercuriadis-founded operation’s continuation. In this in-depth report, we look at what led to the fund’s current predicament and what may come next.

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Weekly Report: Everything You Need To Know About Recent ‘User-Centric’ and ‘Artist-Centric’ Streaming Royalty Developments

Paul Resnikoff — Fri, 10 Nov 2023 02:00:35 +0000

In our latest DMN Pro Weekly deep-dive, we track the dizzying developments surrounding the music industry's potential shifts in streaming platform compensation and catalog the proposed changes across both user- and artist-centric compensation methods. Critical players in this report include Deezer, Universal Music Group, Spotify, Believe, AIM, A2IM, SACEM, Wagram Music, and Stem Disintermedia.

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‘Rules for AI’: Complete Mini-Conference Video

Paul Resnikoff — Fri, 27 Oct 2023 23:42:30 +0000

What are the rules for AI? The role that artificial intelligence will play in the music industry is still being cemented as 2023 comes to a close, though we’re witnessing the beginnings of a roadmap. These panels, held on Wednesday, October 25th, 2023 in Los Angeles, take a closer look at how AI will impact the music industry in 2024 and beyond with some of the most important players in the business.

In our inaugural 'mini-conference,' DMN assembled a panel of leading music industry executives to sift through the deals, decisions, and emerging rules for AI. . .

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Weekly Report: Is the Music Industry at the Beginning of an AI-Powered Expansion?

Paul Resnikoff — Tue, 03 Oct 2023 16:26:36 +0000

This report delves into the stream of newly-unraveling AI possibilities and deals that — for once — don’t spell doom. We take a look at the latest strategic tie-ups endorsing AI adoption, evolving AI viewpoints from mega-players in the industry, burgeoning investments in the tech, and how these developments could ultimately shape a fully -AI-powered music ecosystem.

Become a DMN Pro subscriber today to continue to receive access to these reports after November 1, 2023. Subscribing is easy, and you can view our best offers here.

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