News

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Press Releases

December 13, 2018 – Music Business Association Announces Record Archive Owners Richard Storms and Alayna Alderman as Recipients of 2019 Independent Spirit Award

The Music Business Association (Music Biz) will present its 2019 Independent Spirit Award to Richard Storms and Alayna Alderman, owners of the Rochester-based independent record store Record Archive, during the Music Biz Awards & Hall of Fame Dinner set to take place on Tuesday, May 7 during the Music Biz 2019 Annual Conference at the JW Marriott Nashville. With their out-of-the-box thinking and love for all things music, the pair have grown Record Archive into an iconic brick-and-mortar destination.... Read More

December 4, 2018 – Sony Music Nashville Chairman & CEO Randy Goodman To Be Honored With Music Biz 2019 Presidential Award

The Music Business Association (Music Biz) will honor Sony Music Nashville Chairman and CEO Randy Goodman with its Presidential Award for Outstanding Executive Achievement at the Music Biz 2019 Conference’s Awards & Hall of Fame Dinner on Tuesday, May 7 at the JW Marriott Nashville. Goodman will join the esteemed ranks of previous Presidential Award honorees including last year’s winner, RIAA’s Cary Sherman, as well as Mike Dungan, Dick Clark, John Esposito, Ahmet and Nesuhi Ertegun,... Read More

November 29, 2018 – Singer/Songwriter Bebe Rexha to Be Honored With Breakthrough Artist Award at Music Biz 2019

The Music Business Association (Music Biz) will present singer/songwriter Bebe Rexha with a Breakthrough Artist Award at the Music Biz 2019 Conference’s Awards & Hall of Fame Dinner on Tuesday, May 7 at the JW Marriott Nashville. The Award is presented to artists who have truly emerged and made a particularly significant impact on the music scene in the past year, and who are poised to propel to stellar new heights. Rexha will join the ranks of past winners,... Read More

October 10, 2018 – Smart Speakers Driving New Music Consumption Habits, Says New AudienceNet Study

October 10, 2018 – Music subscription services are gaining traction as the dominant way consumers listen to music, with smartphones and new devices, such as smart speakers, driving adoption of these services, especially among younger audiences. This is according to “Audiomonitor 2018: The Overall Music Listening Landscape,” a new report provided to the Music Business Association (Music Biz) from research firm AudienceNet. The report was based on a survey of a statistically and demographically representative sample of the US population (3000 participants,... Read More

Association Updates

December 13, 2018 – Music Business Association Announces Record Archive Owners Richard Storms and Alayna Alderman as Recipients of 2019 Independent Spirit Award

The Music Business Association (Music Biz) will present its 2019 Independent Spirit Award to Richard Storms and Alayna Alderman, owners of the Rochester-based independent record store Record Archive, during the Music Biz Awards & Hall of Fame Dinner set to take place on Tuesday, May 7 during the Music Biz 2019 Annual Conference at the JW Marriott Nashville. With their out-of-the-box thinking and love for all things music, the pair have grown Record Archive into an iconic brick-and-mortar destination.... Read More

December 12, 2018 – Music Biz Member Royalty Exchange Profiled In Forbes Magazine

Royalty Exchange, a member of the Music Business Association, was profiled this week by Forbes Magazine. Royalty Exchange gives songwriters the opportunity to create a new, immediate revenue stream by selling their catalogs to investors. This offers a highly beneficial solution for both parties, as songwriters receive an up-front payment for their performances while investors receive a stream of predictable, fixed-rate royalty payments. The earnings potential of catalogs is based on past payments to artists, calculated through Royalty Exchange’s “Know Your Worth” online app.... Read More

December 11, 2018 – Music Biz Member Capitol Music Group Hosts Inaugural ‘Capitol Royale’ Creativity and Innovation Marathon In Los Angeles

In the wake of technology changing the landscape of the music industry, companies are shifting their energy towards more cutting-edge and forward-thinking methods of doing business. Enter Capitol Royale: Capitol Music Group’s two-day creativity and innovation marathon (Dec 1-2) at its headquarters in Hollywood, CA. In the company’s continued investment in the music and tech space, its Capitol360 hub helped conceive and nurture an idea for Capitol to be one of the first major record labels to host a hackathon and center the challenge around a bevy of panels,... Read More

December 7, 2018 – 61st GRAMMY Award Nominees Announced: Comment From Music Biz President James Donio

James Donio, President of the Music Business Association, issued the following statement on the 61st GRAMMY Award Nominees, announced this morning: “The Music Business Association congratulates all of the nominees for the 61st GRAMMY Awards. Clearly the increase in the number of nominees in the top four categories has given way for a wider range of artist and genres to be represented and recognized. “It is particularly exciting to see that today’s nominations are honoring the talent of artists who have received Music Biz Breakthrough Artist Awards or that have graced the stage at our Annual Conference.... Read More

Industry Analysis

December 14, 2018 – Music Streaming and Podcast Listening in Cars Doubles in Five Years – Study

Increasing connectivity between cars and smartphones is changing what drivers listen to behind the wheel, according to a new study. As wireless links between cars and mobile devices using streaming services have become more common, the number of drivers listening to downloaded or streamed audio has doubled in the last five years, the research by Nissan suggests. The study claims one in six drivers now chooses to listen to a podcast, audiobook or downloaded or streamed music playlist while behind the wheel,... Read More

December 14, 2018 – 2018 Holiday Gift Guide: Music Execs Share Their Picks For Gadgets & Goodies

The holiday season always hits amidst a wind-down period for the industry, as Q4’s releases trickle out and the OOO messages start piling up, leaving time for a bit of reflection, R&R and a lot more of the “play” in the work-play dynamic. To fete the end of the year and the 2018 holiday season, Billboard reached out to a number of the industry’s top executives across sectors — including labels, publishing, live, management, social media,... Read More

December 10, 2018 – Vinyl Record Production Has Finally Joined The Modern Age

When you think of manufacturing in the US, vinyl records probably isn’t the first thing that springs to mind, but the industry has been chugging along as best it can. For decades, pressing plants have been using aging machines that require a complex infrastructure of piping for the steam-based heating (and cooling) mechanisms — not to mention an engineering support team to keep them in working order. New vinyl presses just weren’t being made, at least until a few years ago.... Read More

December 6, 2018 – Oldies But Goodies: Streaming Makes Catalog Records New Again

Since 2014, digital music streaming buoyed the recorded music business into its third year of rising global revenue. As if that weren’t good enough news already, fans found out that their old music- or what industry executives call “catalog”- mattered again. In the recorded music business, “frontline” has traditionally been considered any track less than 18 months old. “Catalog” was any music older than that 18 month period. This distinction- while mostly arbitrary to everyday fans- meant a lot to how money was allocated to a recording artist’s career.... Read More