Daily News & Analysis Feeds - 2021

Here you’ll find the latest announcements on Association events and partnerships, the latest from within our member community, and expert reporting from around the global music business. If you’d like to receive updates like these sent directly to your inbox, sign up for our RSS feed emails today!

Click Here To Sign Up

March 2, 2021 – Music Biz Member SoundCloud Preps Launch of User-Centric Royalty Payments Structure

SoundCloud today announced that starting April 1, 2021, it will begin implementing its own version of a user-centric royalty payment structure — dubbed “fan-powered royalties” — for its nearly 100,000 independent artists on the platform. User-centric payment systems distribute royalties to artists from a percentage of each music fan’s subscription fee, based on the artists… Read More

March 1, 2021 – RIAA Releases Year-End Music Industry Report for 2020

The Recording Industry Association of America (RIAA) has released its year-end recorded music revenues report for 2020, which showcases a 9.2% year-over-year growth to $12.2 billion estimated in retail value. Revenue from music streaming services grew 13.4% to $10.1 billion in 2020, with full-service paid music subscriptions encompassing $7 billion of that total (a year-over-year… Read More

March 1, 2021 – Music Biz Member EMPIRE Opens West Asia & North Africa Division

EMPIRE has announced the expansion of its independent label services, publishing and distribution businesses into a new territory: North Africa and West Asia. To lead operations in the region, the company has hired Suhel Nafar as its new VP of Strategy & Market Development. Nafar previously served as Global Lead of Arab Music & Culture… Read More

February 25, 2021 – Music APIs Are Exactly What the Industry Needs – Here’s Why

The following op-ed was penned for HypeBot by Adaptr CEO Jeff Yasuda, part of Music Biz member Feed Media Group. While the music industry demonstrated an impressive ability to bounce back thanks to its early adoption of streaming, keeping that momentum going will require a streamlining of the process through which tech companies get permission… Read More

February 25, 2021 – How the Pandemic has Accelerated Demand for Premium Audio Products

Over recent years, the audio market has witnessed a progressive shift to more premium products. Case in point with headphones and models such as the Apple AirPods Pro, along with the Sony WH-1000XM series, which have helped democratizing higher audio quality to the mass-market. This trend, which can be seen across most audio product categories,… Read More

February 24, 2021 – Music Biz Member Pex Secures $57 Million Investment Round

Music Biz member Pex announced this month that it has secured $57 million in investments, which it plans to use to scale up its Attribution Engine (AE) technology. Pex hails AE’s ability to analyze over 10,000 hours of content per minute to find all available audio & video copyright uses, attribute the copyrights to every… Read More

February 24, 2021 – Music Biz Member Vevo Launches Moods AI Tool for Emotion-Based Ad Targeting

This month, Vevo has launched Moods, an AI-based tool that identifies and groups Vevo music videos by the mood they convey (i.e., fun, heartfelt, impassioned, empowering, etc.) in order to create more favorable brand-interaction experiences for consumers as they watch Vevo content. The company worked with music data company Musixmatch to build a proprietary model… Read More

February 24, 2021 – Snapchat Surprises and Alternative Social Media Platforms Challenging the Giants

In a new podcast, eMarketer Principal Analyst at Insider Intelligence Debra Aho Williamson discusses Snapchat’s latest earnings, what stands out, and how this year will look. She then talks about which alternative social media platforms are most likely to rival the giants in the near future and why. Listen in to this episode by clicking… Read More

February 23, 2021 – Music Biz Member Spotify Announces HiFi Tier, New Tools for Creators, and Global Expansion Plans

During their “Stream On” event this past Monday, Spotify announced a slew of new products and services marking significant steps to expand their platform in 2021 and beyond. This include a new HiFi high-resolution music streaming subscription tier set to launch some time this year, as well as new exclusive podcast content. Spotify also announced… Read More

February 23, 2021 – Seven in 10 Americans Say They Have Been Spending More Time Online This Year Than Ever Before

A new Google/Ipsos poll finds that 70% of Americans agree that they have been spending more time online this year than ever before. A majority also admit that they are more concerned now about their online safety, being hacked, and their privacy online than ever. When it comes to the security of their online accounts,… Read More