Your Morning Coffee :: Weekly Music News for the New Music Business

IFPI Global Music Report 2021: Revenues Rise for Sixth Straight Year to $21.6B [Billboard] FULL STORY

Why we think streaming subscription ARPU fell by around 8% globally for the record industry last year [MBW] FULL STORY

Why Is Tower Records Coming Back Now, of All Times? [Slate] FULL STORY
Tower planned to relaunch with a big coming-out party at South by Southwest in 2020. That didn’t happen because of COVID.

Let's talk about ethics and music promotion [Music Think Tank] FULL STORY
When it comes to ethics and music promotion, it’s important to start at the top with the worst offenders.

Indie Labels Call for End to Streaming ‘payola’ – as Impala Unveils 10-point Plan to Reform Sector [MBW] FULL STORY
IMPALA, which represents many of the world’s biggest independent record labels in Europe, has published a must-read new report containing a number of suggestions the industry should consider for overhauling the way streaming works.

Everything You Need To Know About Spotify’s New Songwriters Hub, Notable [Symphonic] FULL STORY

Spotify rolls out redesigned desktop and web apps [TechCrunch] FULL STORY

Five things to learn from Spotify’s Loud & Clear transparency campaign [MusicTech] FULL STORY

MUSIC BIZ WEEKLY PODCAST CELEBRATES TEN YEAR ANNIVERSARY WITH TWO STELLAR EPISODES THIS WEEK

How Creator Services Can Advance Gender Equity in Music: Guest Post by Songtrust’s Molly Neuman [Variety] FULL STORY
Molly Neuman is the President of Songtrust. She has previously held leadership roles at Kickstarter, A2IM, Rhapsody, and eMusic. She is on the Advisory Boards of Music Business Association, Women in Music, and has previously served on the boards of SoundExchange and A2IM.

Musicians Turn to NFTs to Make Up for Lost Revenue [WSJ] FULL STORY

NFT Mania Is Here, and So Are the Scammers [VERGE] FULL STORY

Remember Ian Rogers? Here’s what he (and CAA) think Of NFTs [Hypebot] FULL STORY

Live Music Is About to Get Its Grand Reopening and it’s Going to be Total Chaos [Marker] FULL STORY
Many were among the first to close, and their cramped, body-packed design makes them a significant transmission risk and likely to be among the last businesses to figure out how to safely reopen.

A new catalog acquisition juggernaut is born, as BMG and KKR team up to buy music rights [MBW] FULL STORY
"This new relationship with KKR will offer artists and songwriters a well-funded, financially stable home for their music assets with the confidence that their songs and recordings will be managed both professionally and respectfully.”

Wild Court Case Explores Two Global Pop Hits and a Key Question: Who Owns Remix? [Billboard] FULL STORY
The case of Arty v. Marshmello raises a novel intellectual property issue and erupts with the allegation that someone has "got to" OneRepublic frontman Ryan Tedder and convinced him to perjure himself.

Cassettes Are Having a Moment: What It Means for the Format to Have Big Artists Joining the Revival [Billboard] FULL STORY
Why artists like Maren Morris and Sturgill Simpson are reissuing albums on tape for the first time — and how it's being done.

SoundCloud Taps 9 Artists for 'First on SoundCloud' Accelerator Program [Billboard] FULL STORY
Today, the streaming service revealed the 9 artists selected to take part in its new First on SoundCloud accelerator program: Charmaine, Ela Minus, Kid Quill, Lourdiz, Otis Kane, Pa Salieu, Payday, Sofia Mills and SoFaygo.

Meet the Experimental Musicians Who Built Their Own Streaming Service [Pitchfork] FULL STORY
Unsatisfied with the corporate streaming model, an idealistic group of avant-garde improvisers created a small-scale alternative—and want other artists to do the same.

Is Universal Music Worth $29 Billion? $49 Billion? Even $100 Billion? [Rolling Stone] FULL STORY
Last month, Vivendi confirmed that its management board was considering a proposal to “spin out” 60% of the world’s biggest music company. Analysts suggest that it could be worth three times its current public valuation.

Stevie Nicks reportedly blocks use of 'Dreams' for an NFT [MusicAlly] FULL STORY
Well, of course that guy on the skateboard who made that Fleetwood Mac song go viral on TikTok is now selling that video as a non-fungible token (NFT). There’s one wrinkle: it won’t include ‘Dreams’.

YOUR MORNING COFFEE, THE PODCAST Episode #32 LISTEN HERE
On this latest edition of the podcast, Jay Gilbert and Mike Etchart discuss these stories:
- Spotify’s "We Hear You Loud And Clear”
- 8 Spotify Stats That May Make You Rethink Your Career In Music
- Audio Streaming 1: The Missing Millions
- Audio Streaming 2: Algorithms, Playlists, Payment Models

Click banner to learn more

• Music Community, Our Promise To You: How MusiCares Will Continue To Help The Humans Behind Music [Grammy.com] FULL STORY
• Streaming Saved Music. Artists Hate It. [NY Times] FULL STORY
• Tencent Music Improves Revenues 15% in 2020, Equals Spotify’s Market Cap [Billboard] FULL STORY
• Empowering Women in Music | Jessica Vaughn, Owner of Head Bitch Music [Vydia] FULL STORY
• Irving Azoff buys again, as Iconic snaps up Linda Ronstadt recorded music rights [MBW] FULL STORY
• AEG to Begin Rehiring Furloughed Workers Next Week, Full Staff by Fall [Billboard] FULL STORY
• Microsoft in Talks to Buy Discord for More Than $10 Billion [Bloomberg] FULL STORY
• Surprise releases aren’t a good idea for indie artists: Here’s why [Hypebot] FULL STORY
• BE THE CHANGE - Women Making Music [MIDiA] FULL STORY
• Speaking in Public: Copyright Office Black Box Roundtable [MTP] FULL STORY
• How To Process Over $1BN In Payments [Trusted Advisor] FULL STORY
• Women creators: This is also our business [MIDiA] FULL STORY
• Audio streaming 3: follow the money [BachTrack] FULL STORY
• Audio streaming 2: algorithms, playlists, payment models [BachTrack] FULL STORY
• Audio streaming 1: the missing millions [BachTrack] FULL STORY
• A2IM names 2021 Libera indie music awards nominees [the full list] [Hypebot] FULL STORY
• When David Bowie Launched His Own Internet Service Provider: The Rise and Fall of BowieNet [Open Culture] FULL STORY
• A2IM names 2021 Libera indie music awards nominees [the full list] [Hypebot] FULL STORY
• YouTube and Patreon Still Aren’t Paying the Rent for Most Creatives [Medium] FULL STORY
• The World’s Recorded-Music Revenue Boomed During the Pandemic [Rolling Stone] FULL STORY
• IFPI confirms global recorded music revenue growth [MIB] FULL STORY
• The Power of BTS and K-Pop, the Problem With Streaming’s 20% Growth, and Other Notes From IFPI’s Global Music Report [Variety] FULL STORY

Your Morning Coffee is brewed fresh early every Friday morning by Jay Gilbert at Label Logic. Cick here to visit our website. Reach out to jay@label-logic.net

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