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Following the recent announcement that DJ revenue sharing platform Aslice is closing, Richie Hawtin has shared his thoughts on the news.
In a 10-minute statement posted to YouTube and social media, the pioneering techno producer expressed his disappointment that many big-name DJs did not participate in Aslice, a donation-based platform launched by DJ Zak Khutoretsky in 2022 that allowed DJs to voluntarily share their set playlists and contribute part of their performance fee to the artists whose music they played.
“The closing of Aslice is a huge disappointment,” Hawtin says. “Perhaps the biggest disappointment that I felt in our community, our scene since I’ve been part of it.”
Last week, the company announced it was closing and released a lengthy report that cited reasons including industry skepticism (“despite outreach to over 2,000 professional DJs, many remained hesitant,” the report says), difficulties the platform faced in gaining widespread adoption, the company’s difficulty in achieving financial sustainability, mixed engagement among DJs, and limited adoption by the leading and most well-played DJs.
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The report notes that “only 4.7% (56) of the top 1,199 DJs on Resident Advisor [with more than five upcoming performances] participated in Aslice.”
Hawtin has a sharp critique for these non-participating DJs, writing in his Instagram caption that “Aslice was working, and the only problem was that not enough DJs, especially the successful ones, agreed to sign up and share back into the music eco-system that they have built their careers on. Aslice did not fail, the famous, most followed DJ’s of our scene failed us all.”
With its closing announcement, the Aslice team said that since launching, they’ve paid out $422,696 to musicians with money from DJs who participated in the platform. They add that all participating artists with remaining balances will be paid out by the end of 2024.
Hawtin shared that since 2021, he has personally paid out €88,950 (roughly $116,268) to the producers whose music he played during his sets, at the expense of what averaged out to be roughly $800 per gig.
Noting that he wasn’t an investor in Aslice, Hawtin explained that it “was a platform that was built to rebalance the economic inequalities that are a big part of our scene. The economic inequalities between how much a DJ or musician and a producer gets paid for the music they make and the money that goes into the pocket of us DJs when we perform playing other people’s music.”
Hawtin said that while most bands perform their own music and earn commensurate royalties, “in our own beautiful scene where we have the largest paid performers playing other people’s music, that system doesn’t work. And it’s only gotten worse as we moved into digital distribution and streaming.”
He added that he’s seen many talented producers stop making music because they couldn’t support themselves and their families by doing it, even though their music might have been getting played by famous DJs in their sets. He says the platform was “a way to recognize the musicians and support the actual foundation of our whole scene. Without music, there’s no DJs.”
Hear Hawtin’s complete statement below.
The Aslice report notes that the platform was an especially vital tool in the electronic music world, given that PROs’ “failure to support the electronic music scene is evident in several key areas,” including, the report says, their technological stagnation, a lack of proactive outreach and community building, complex registration processes, an inability to track unreleased music, outdated distribution models, low accuracy rates, and a lack of retroactive payments for producers who weren’t registered when their music was played.
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Primary Wave Music and Prince Legacy, two companies with ties to Prince‘s assets, released a statement Monday afternoon in response to reports of an unreleased documentary accusing the late musician of physical and emotional abuse.
“Those with the responsibility of carrying out Prince’s wishes shall honor his creativity and genius,” the statement reads. “We are working to resolve matters concerning the documentary so that his story may be told in a way that is factually correct and does not mischaracterize or sensationalize his life. We look forward to continuing to share Prince’s gifts and celebrate his profound and lasting impact on the world.”
On Sunday, a lengthy report from the New York Times Magazine revealed that an unreleased nine-hour documentary from O.J.: Made in America filmmaker Ezra Edelman featured interviews with dozens of Prince’s former business partners, lovers, friends and associates which included multiple allegations of physical and emotional abuse.
The article chronicled a dense back-and-forth between the film’s production team and Prince’s estate in a battle over the documentary’s release. Per NYT, the project has been in development with Netflix for nearly five years.
The film allegedly includes an interview with Prince’s ex-lover Jill Jones, who recalls a night in which he slapped and repeatedly punched her in the face. Another past relationship, Susannah Melvoin, reportedly told filmmakers that after she moved in with the musician, he monitored her phone calls, told her not to leave the house and tried to keep her separated from her sister. In another interview, his ex-wife Mayte Garcia allegedly recalls being left alone after her and Prince’s child died.
Other interviews allege the famous singer exhibited controlling nature and that he suffered abuse as a child. Additional sources, however, also recall positive memories of the singer, which created what Edelman described as one of the hardest projects of his career.
“How can you tell the truth about someone who, when you’re talking to people, they all had different things to say?” he said.
In a statement to NYT, Netflix said “this documentary project has proved every bit as complex as Prince himself. We have meticulously archived Prince’s life and worked hard to support Ezra’s series. But there are still meaningful contractual issues with the estate that are holding up a documentary release.”
This article was originally published by The Hollywood Reporter.
Sony Music Entertainment Korea signed a deal to distribute the roster of K-pop label Attrakt, including its most successful act, FIFTY FIFTY. Sony Korea will also oversee global marketing campaigns and business development initiatives for the company, while Arista Records will handle U.S.-based marketing and distribution. FIFTY FIFTY has a new album slated for release at the end of September.
Apple Music partnered with Indian telecom giant Bharti Airtel in a deal that will give the latter company’s customers access to Apple Music later this year by bundling it with Bharti Airtel’s Wynk Music platform, greatly expanding the streamer’s footprint in the world’s most populous country. Access to Apple TV+ is also included in the agreement for Bharti Airtel’s Xstream customers.
Flo Rida and his JettSet1 Enterprises struck a partnership with High Point Gamer, Dash Media Partners and executive producer Damon Jones that’s aimed at building out the gaming lifestyle segment for underserved communities globally, including by increasing educational and career opportunities to those communities in the gaming and tech sectors. Under the deal, the partners also plan to tour High Point’s Madden God tournament series and other console games via a festival-style model. “Together, we’re building career pipelines that will empower the next generation of leaders in gaming and entertainment,” said High Point Gamer co-founder Derek Watford in a statement, adding that the Madden God 4 tournament will be held at Raymond James Stadium in Tampa, Fla. at the end of the year.
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Seat Unique, an online platform that connects fans with hospitality packages and premium tickets for live events, raised 14.5 million pounds ($19.04 million) as part of an extended Series A funding round led by Nickleby Capital. The funds will be used to further develop the Seat Unique platform, expand its reach into new sectors and more.
Myst Music, a label dedicated to showcasing South Asian music to a global audience, announced a global distribution and label services deal with The Orchard. Under the agreement, Myst artists will have access to The Orchard’s full suite of artist and label services. Sri Lankan musician, actress and model Jacqueline Fernandez will be the first artist to release music under the deal later this month.
Three Norwegian indie labels — PropellerRecordings, IndieRecordings and 777 Music — merged to form the new label group Sounds Like Gold. Headquartered in Oslo, Norway, the label group will be partnered with Virgin Music Group worldwide. The company is being managed by the founders of Propeller Recordings, Indie Recordings and 777 Music to provide distribution, marketing, administration and creative support to executives working with artists including boy pablo, Highasakite, Gåte and Jan Eggum. The management team includes Kristine Bjørnstad and Tim Dunham, the founders of 777 and former heads of Virgin Music Group’s Nordic operation. Additionally, Sounds Like Gold has assumed operations of the historic record label Grappa and its affiliates, with Grappa founder Helge Westbye serving as the label group’s chairman of the board.
Independent distributor IDOL signed a global partnership with Berlin-based indie label City Slang. Under the deal, IDOL will handle digital distribution, digital marketing and audience development for City Slang’s frontline and catalog releases globally. IDOL will service Caribou’s upcoming album Honey, due out Oct. 4, along with music from Eferklang, Faux Real, Jessica Pratt, Lambrini Girls, Los Bitchos, SPRINTS, Calexico, Tindersticks and Lambchop.
Indie hip-hop label Backwoodz Studioz signed a global distribution deal with Rhymesayers Entertainment that will bring Backwoodz’s catalog to retailers for the first time, including releases by Armand Hammer, billy woods, Kenny Segal, Blockhead, ELUCID, Cavalier, ShrapKnel, Moor Mother, AKAI SOLO, Fatboi Sharif and Fielded. The first release under the deal will be a reissue of artist and Backwoodz founder billy woods and Kenny Segal’s 2019 album Hiding Places on Sept. 27th. “For much of the last ten years, our physical distribution network has been an a la carte affair, working with a variety of different entities on a case-by-case basis,” said woods in a statement, adding, “This distribution partnership should benefit our artists by bringing all our titles under one umbrella, thus simplifying and streamlining our operations, while simultaneously increasing our reach and marketing abilities.”
Licensing platform Soundstripe partnered with DAACI to launch its new AI song editing feature. The tool “analyzes a song and instantly identifies its short, self-contained sections,” allowing editors to rearrange, loop, add or delete those sections in-browser to produce different variations and mixes of a track, according to a press release. They can then download them to insert into their projects. Soundstripe also saves the Content ID of the original track, “keeping producers within the parameters of the original license while editing the track,” the release adds.
iHeartMedia and TelevisaUnivision struck strategic media partnerships with Airtasker, a global marketplace for local services including home repairs, pet care and event planning. iHeart will contribute $5 million in audio advertising media in exchange for a four-year, $5 million convertible note with a 5.0% coupon rate. Univision will invest $4.75 million in terrestrial and digital broadcast services for 17.2% equity in Airtasker.
Turntable Labs secured $8.2 million in seed funding ahead of the public launch of its new social music platform Hangout, which allows music fans, coworkers and more “to gather, DJ together and interact in a playful virtual setting,” according to a press release. The round, which will be used to expand Hangout’s engineering infrastructure team, was led by Founders Fund, Elizabeth Street Ventures, 468 Capital and f7 Ventures, with contributions from angel investor Michael Giumarin, CEO of WordOut. Created by Turntable.fm co-founder Joseph Perla, Hangout boasts virtual DJ booths that allow users to privately spin selected tracks for themselves and their friends while also offering “public themed rooms based on their tastes and interests.” The platform, which is slated for a full public launch later this year, also offers custom digital avatars and chat options.
Canada’s ACTRA Recording Artists’ Collecting Society (ACTRA RACS) partnered with no-code metadata platform Noctil to streamline the ingestion and processing of artist and sound recording metadata. The move is designed to improve the accuracy and efficiency of ACTRA RACS’ operations. Noctil uses AI and machine learning technologies to improve matching and identification, leading to faster and more accurate royalty distributions to artists and performers.
Music stocks were off sharply this week as global markets were roiled by worries about the health of the U.S. economy and Friday’s disappointing jobs report.
K-pop stocks suffered big declines this week as a major Korean stock market index had its biggest one-day decline ever. South Korea’s KOSPI composite index fell 8.8% on Monday as investors were gripped with fear about a U.S. recession. The market improved the following day, but the KOSPI ended the week down 4.9% to 2,544.81.
South Korean music companies were unfortunate casualties during the week of upheaval. The four main K-pop companies fell an average of 10.8% and their average year-to-date loss increased to 40.9%. HYBE fell 10.2% to 165,000 won ($123.25), bringing its year-to-date loss to 29.1%. YG Entertainment slipped 9.8% to 30,800 won ($23.01). SM Entertainment fell 10.4% to 56,300 won ($42.05). JYP Entertainment fared the worst, dipping 13.0% to 44,450 ($33.20) and bringing its year-to-date loss to 56.1%.
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The Billboard Global Music Index fell 4.8% to 1,744.64, reducing the year-to-date gain to 13.7% and marking the index’s worst week since it fell 5.1% in the week ended Feb. 24, 2023. The broader stock market had a miserable week. In the United States, the Nasdaq composite fell 5.8% and the S&P 500 slipped 4.2%. In the United Kingdom, the FTSE 100 lost 2.3%. China’s Shanghai Composite Index fell 2.7%.
Just three of the BGMI’s 20 stocks finished the week in positive territory, and two of the three winners are among the index’s smallest contributors. The top stock, Believe, which gained 3.7% to 15.06 euros ($16.69), has a float of less than 4% after a consortium led by CEO Denis Ladegaillerie acquired nearly the entire share capital.
The second-best performer, Anghami, has the smallest market capitalization of all index companies at $23 million. The Abu Dhabi-based music streamer gained 2.3% to $0.90 after announcing Thursday (Sept. 5) that its video streaming subscriptions increased 18% since the majority investment by OSN Group, owner of MENA-based video-on-demand streaming platform OSN+, in April.
Live Nation fell 5.0% to $92.81 despite two positive analyst opinions this week. BofA Securities initiated coverage of Live Nation this week with a $125 price target and a “buy” rating. Oppenheimer, which dropped its Live Nation price target from $120 to $110 in May, raised it back to $120 on Friday.
Sphere Entertainment Co. dropped 7.1% to $43.27 after Benchmark downgraded Sphere shares to “sell” with a $40 price target, well below the prior day’s $46.60 closing price. Benchmark analyst cited concerns about “scalability, high production costs, and a potentially underwhelming profitability outlook” for the $2.3 billion Las Vegas venue.
The week’s largest decline came from SiriusXM, which fell 17.0% to $2.73. On Wednesday (Sept. 4), SiriusXM and Liberty Media announced the final exchange ratio for the pending merger of SiriusXM’s and Liberty Media’s tracking stock, Liberty SiriusXM Holdings. On Monday (Sept. 9), Liberty Media will redeem each outstanding share of Liberty SiriusXM common stock for 0.8375 shares of the new SiriusXM stock. SiriusXM shareholders will receive 0.1 shares of the new SiriusXM stock, which will trade under the same SIRI ticker as the current SiriusXM stock. Following the merger, former holders of Liberty SiriusXM stock will own roughly 81% of the new shares.
The BGMI’s most valuable component, Spotify, fell 5.9% to $322.75. Another major stock on the index, Universal Music Group (UMG), dropped 3.0% to 22.93 euros ($25.42). UMG will host investors and analysts at its Capital Markets Day on Tuesday (Sept. 10).
k.d. lang and The Reclines will perform together for the first time in 35 years in Edmonton on Sept. 14 for the Canadian Country Music Association (CCMA) Awards.
lang may have found international fame as a pop superstar with a powerful and emotionally expressive voice and as a queer icon, but her roots in country music run deep. She first made her mark in Canadian music as a maverick cowpunk artist back in the ’80s, at the start of a career that has spanned over four decades.
“Reuniting with The Reclines after 35 years in Edmonton for the CCMA Awards feels like a full-circle moment,” shares lang. “The bond we shared, both musically and personally, remains as strong as ever, and revisiting a song that shaped our journey together is incredibly special. I’m thrilled to bring this experience to life on such a celebrated stage and share it with fans, both old and new.”
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Based in her birthplace of Edmonton, k.d. lang and the Reclines were together from 1983 to 1989, after starting out as a Patsy Cline tribute act. The first band featured Stu Macdougal on keys, Dave Bjarnson on drums, Gary Koligar on guitar and Farley Scott on bass.
After regular gigging at Edmonton’s Sidetrack Café, the group gained national attention with its 1984 album, A Truly Western Experience. Her unique sense of fashion and energetic performance style caught the attention of Rolling Stone, who dubbed her “a Canadian Cowpunk.” lang earned a 1985 Juno Award for Most Promising Female Vocalist, famously accepting the award wearing a borrowed wedding dress.
k.d. lang will also be inducted into the Canadian Country Music Hall Of Fame, adding to her remarkable legacy of accolades. –Kerry Doole
The Billboard Canada Women in Music Industry Spotlight
This week, Billboard Canada unveiled the full Billboard Canada Women in Music honours.
Stars like Alanis Morissette, Charlotte Cardin and LU KALA will be at the Billboard Canada Women in Music event on September 7 in Toronto.
In addition to those award-winners, which include Executive of the Year Kristen Burke, the head of Warner Music Canada and the only female major label head in the country, there is also an Industry Spotlight list of women from throughout the Canadian music industry.
From label boardrooms to influential positions in radio, touring, festivals, artist funding and more, women and gender-diverse people are shaping music.
Each person featured on the Industry Spotlight list also gave their advice for the next generation of women in the music industry, from speaking honestly and authentically, to surrounding yourself with other talented and supportive women.
There are also exclusive videos of interviews and performances of Billboard Canada Women in Music honourees, including The Beaches, Allison Russell and artist manager Laurie Lee Boutet.
Because of the incredible contributions of women and gender-diverse individuals, Billboard Canada Women in Music is not only a celebration of women, but of Canadian music as a whole – and a vision for where it can go next. –Richard Trapunski
AP Dhillon Safe Following Reports of Gunshots at His Home Near Victoria, B.C.
Gunshots were fired into the home of Punjabi-Canadian musician AP Dhillon early Monday morning (September 2).
B.C. police are investigating the incident, with CTV News reporting that around 1:15 a.m. the RCMP was called to the house. There are reports of two vehicles set on fire, in addition to multiple gunshots, as well as reported video of the shooting circulating online.
“I’m safe. My people are safe,” Dhillon shared on Instagram.
The Times of India reports that an associate of the Lawrence Bishnoi gang has claimed responsibility for the shooting on social media, threatening Dhillon for working with Salman Khan. The actor and producer Khan had a cameo appearance in the video for Dhillon’s new Billboard Canadian Hot 100-charting single, “Old Money,” and the gang reportedly has a history of targeting Khan.
“Preliminary investigation suggests that this was a targeted event and there is no information to believe that the general public is at any further risk as a result,” says a statement from the West Shore RCMP detachment.
The gunfire follows Dhillon’s recent major label signing with Republic Records, with “Old Money” marking the first release as part of that deal. –Rosie Long Decter
By some measures, the recorded music business has never been better. U.S. sales grew 8% in 2023 to hit a record high $17.1 billion; streaming continues to grow around the world; and revenue and operating income are rising at the three major labels and many smaller companies as well. The subscription streaming model is appealingly predictable, and the explosion of other forms of online media, from video games to virtual exercise programs, is creating plenty of opportunities for growth.
By other measures, the industry is in a tough spot. The flood of new music pouring into streaming services — both legitimate and not — is diluting the royalty pool for professional musicians. (This, and some other things, might be good for some players, but it seems to be bad for the business.) Although comparisons are complicated, it seems harder than ever to break new acts. Underneath all of this is the part of the iceberg most people don’t see: The deals labels sign with acts are generally less advantageous, because artists have more leverage than ever.
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The numbers say it’s the best of times. Layoffs at Universal Music Group and Warner Music Group say otherwise. And although the recorded music business isn’t in any real danger — the only question is how fast it’s going to grow — it’s hard to escape the idea that something just feels off.
Welcome to the music business version of the “vibecession” that’s affecting the U.S. economy as a whole. The term, coined in June 2022 by the financial analyst Kyla Scanlon, describes the apparent disconnect between positive economic indicators and negative public perceptions. In layman’s terms, if the numbers look so good, why do things feel so bad?
Outside the music business, most of the economic news is good, or at least good-ish by the standards of the dismal science. Inflation is down and the economy seems to be growing again. The problem, in industry terms, is that people just aren’t feeling it. One example: Job loss concerns are high at a time when the level of layoffs is low, according to Marketplace. The article compares the current situation to a doctor talking to a healthy patient who thinks he’s sick. There are explanations for this: Perhaps our minds are still adjusting to higher prices, which continue to rise even as the rate of inflation declines, or maybe troubling political news just makes more of an impression than economic indicators.
This could be more than a feeling, as a Boston economist might say, since people and companies that believe the economy will decline might cut back their spending and, inadvertently, contribute to making it happen. Although the music business is much harder to measure, the same thing could happen there. The pessimism that has already led to layoffs and restructuring means there will be fewer A&R executives signing fewer acts and then spending less money on marketing and promotion. That might be necessary. But it’s unlikely to help.
What’s killing the vibe in music? Partly, expectations have changed. The hypergrowth phase of streaming is ending, but big music companies, especially UMG and WMG, are under some pressure to grow faster than the overall business. Subscription streaming is going from the savior of the music business to another new format that boosts some kinds of music at the expense of others. There aren’t many new stars — one of the big hip-hop stories this year was the feud between Drake and Kendrick Lamar. (This is both the winter of our discontent and the season of diss content.) And new albums by established stars like Ariana Grande and Dua Lipa are off to a slow start (although it’s hard to know what that means in a streaming-driven business).
There may also be a sense, both in the music business and in the economy as a whole, that the foundation is not as solid as it seems. There’s more talk of quick fixes, both in the overall economy (Blockchain!) and in the music business (NFTs!). But there’s not much effort to get at the heart of the problems: The economy seems increasingly rigged toward finance and the pro-rata royalty distribution of streaming services prizes viral sensations in a way that may make it hard for different kinds of artists to build careers.
In the meantime, the numbers keep going up. The stock market has skyrocketed, undeterred by COVID, inflation and conflict in the Middle East — but that can’t last forever. The recorded music business keeps growing, too, and it will almost certainly continue to do so — just perhaps not in the ways we have come to expect. Over the past few years, labels have spent fortunes signing viral superstars who win big — but how many of them will be around in a decade? Meanwhile, popular tastes are harder than ever to predict. Two years ago, when it seemed like the future belonged to hip-hop, could anyone have predicted such a big country comeback? Giving people what they want is a fine strategy — but only if they keep wanting it.
It’s a good time to toast the good times — but it’s tempting to ask for a strong drink, too. Both the music industry and the broader economy keep climbing over problems to reach new peaks. And they’re great places to be — until you realize that it’s all downhill from there.
Welcome to another edition of Executive Turntable, Billboard’s comprehensive(ish) compendium of promotions, hirings, exits and firings — and all things in between — across music. While you’re here, check out Billboard’s fresh list of top R&B and Hip-Hop executives leading the genres forward, plus our weekly interview series spotlighting a single executive and a regularly updated gallery honoring many of the industry figures we’ve lost throughout the year.
Erika Savage has joined the entertainment department of top music law firm King, Holmes, Paterno & Soriano, Billboard can announce. A multi–year honoree in our annual list of influential women in music, Savage was most recently senior vp of global music operations at United Talent Agency, where she oversaw all operational elements of UTA’s global touring division. The bulk of Savage’s roughly 25-year career, however, was spent at Universal Music Group, where she rose to senior vp of strategic development at Interscope Records, developing integrated artist brand strategies across music, brand partnerships, merchandise and touring. “We are delighted to supplement our deep bench of entertainment attorneys with someone at the top of her game,” said managing partner Howard King. Here, Savage expands on her big move from agency life to KHPS:
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Why join private practice at this point in your career? The idea of artist advocacy. Being an artist lawyer in the music industry is the greatest privilege because you are entrusted to protect your client’s rights and to bring value as a strategic advisor. After many incredible experiences gained working within a major label, building brands, and in global touring, I finally feel like I’m doing what I was meant to do – directly advocating for artists. I’m particularly inspired by the fact that more women artists, producers and songwriters are looking for women to be part of their team as lawyers, managers, agents and business managers. It’s exciting that our shared experiences as women in music will allow us to find ways to be entrepreneurial together.
What issue concerns you the most in music? When I started in business affairs at UMG, the major label deal was largely considered the path to superstar artist status. Now, while it’s great that there are fewer gate keepers and far more access points for artists to distribute their music, the legal landscape is far more complicated for developing artists. Navigating all these distributors and platforms can be really overwhelming for an artist just trying to break through. Being a TikTok artist is an incredible catalyst but career longevity requires a strategy beyond achieving 24 hours on the top of a For You page. We represent some incredible legacy artists. We want to make sure that our clients who are currently young and developing clients have similarly vibrant legacy careers in 20 years.
Meanwhile…
All My Friends, the event production company behind the floating dance festival FriendShip, hired industry veteran Randy Sosin as its first head of creative content. As AMF’s creative chief, Sosin will manage everything from ideation to delivery of all areas of creative branding and promotion for the company, founded by dance impresario Gary Richards. Sosin arrives to AMF following a six-year stretch as chief content officer at The X, a digital content agency not to be confused with the social network. He has also held senior roles at Insomniac Events, MTV, Gang of Fore and Interscope, where he spent the early aughts producing videos, short films and other visual goodies for artists including Eminem, 50 Cent, Enrique Iglesias and others. “I am so fortunate that I am able to come on board and help Gary and AMF grow and expand FriendShip (the greatest party in the world), but also be a part of an amazing team,” said Sosin. “Gary is an inspiration to me, and I look forward to helping show the world what I have known for years.”
Christoffer Lindh was promoted to head of A&R and Atena Banisaid to general manager of Sony Music Publishing Scandinavia. Both Stockholm-based execs will continue reporting to Johnny Tennander, managing director and svp of A&R international for SMPS. As his title implies, Lindh is now tasked with leading the company’s A&R-related endeavors across Scandinavia (Norway, Sweden and Denmark). In his 15 years at the publisher, Lindh has signed and/or worked with Yung Lean and Sad Boys, Scarlet Pleasure, Cashmere Cat and others. For Banisaid, her role as GM means growing the overall business and crafting forward-thinking initiatives. She’ll also continue lending a hand on Lindh’s A&R team, where she has worked with Benjamin Ingrosso, Giift and other artists. “It feels very good to elevate Christoffer and Atena to these key positions for Sony Music Publishing Scandinavia,” noted Tennander. “They have for a long time both proven to be incredibly important to our A&R team, but also to our wider team and company.”
Downtown Music promoted David Driessen to chief commercial officer, effective immediately. He’ll lead efforts to drive revenue across the company’s four divisions — publishing, distribution, artist/label services and financial services — and continue to report to CEO Pieter van Rijn. Driessen was previously CCO of FUGA, the Downtown-owned B2B music distributor, before sidling over to Downtown in early 2023 to become chief business officer.
PULSE Music Group promoted Tizita Makuria to senior vp of A&R for both PMG and PULSE Records. She’ll focus on signing and developing new talent, and then finding creative opportunities for them. Based in Los Angeles, Makuria holds bragging rights as the company’s first hire to PULSE Records, where she was part of the team that signed “Million Dollar Baby” phenom Tommy Richman to the PULSE/ISO Supremacy joint venture. Prior to joining PMG in 2022 as vp of A&R, Makuria held down the senior director of A&R role at Artist Publishing Group. “Tizita brings a positive energy to every meeting—she’s passionate about her writers and recording artists and she has a relentless drive to deliver good results for them,” said co-CEOs Scott Cutler and Josh Abraham, and president Ashley Calhoun. Earlier this summer, PMG upped Steven Gringer to svp of A&R.
Mike Harris announced his departure as executive vp and COO of Universal Music Group Nashville. According to Music Row, Harris is leaving the position at the end of the month for an as-yet unannounced opportunity. A source tells Billboard that a replacement will be announced soon. Harris joined UMGN in 2016 as COO following a three-year stint as evp/general manager of Caroline, UMG’s since-renamed label and artist services company. Harris’ previous work experience includes 15 years with EMI in a variety of roles, including evp/GM for label services, evp/finance director, global A&R operations for EMI’s new music division and evp/CFO for various labels and divisions within EMI.
NASHVILLE NOTES: The Core Entertainment added day-to-day managers Jackie Gomez and Brittani Johnson to the company’s artist management team in Nashville. Gomez most recently served as DtD manager of Charlie Puth while at Friends at Work, where she also A&R’d a number of up-and-coming artists. Johnson arrives from Big Loud, where as director of Southwest promotion she played a major role in boosting the signals of Morgan Wallen, HARDY, Ashley Cooke and others … Invasion Group expanded with the launch of a new Nashville office. Leading the Music City office is artist manager Courtney Oertel. Among the artists on Invasion Group’s roster are Ani DiFranco, John Driskell Hopkins, Rissi Palmer, The Righteous Babes, Blackstar Symphony and Ken Butler.
Jared Gibo was named CEO of specialty live entertainment company LiveCo’s new full-service, global faith-based promotion arm, TPR. TPR merges three promotion companies that LiveCo previously acquired—Transparent, Premier and Rush Concerts—into the newly-minted TPR. With the creation of TPR, Transparent Productions founder and CEO Tim Taber has been promoted to the LiveCo management team as chief strategy officer. Premier Productions CEO Michael Pugh was also promoted to LiveCo as chief operating officer. TPR works with artists including Anne Wilson, Cece Winans, Chris Tomlin, Forrest Frank, Gaither Vocal Band, Dude Perfect, Jeremy Camp, Josiah Queen, KB, MercyMe, Tauren Wells and more. –Jessica Nicholson
Music curation and licensing firm SoStereo elevated Lindsey Camerota to CEO, effective immediately. Camerota joined SoStereo in March, as chief marketing officer, following senior marketing roles at fintech startup Tomo, experiential tech company Superlogic, something called “Spotify” and fitness giant Equinox. Earlier in her career, Camerota served as a marketing manager at Republic Records. “Building a career in the music industry has been a lifelong dream,” she said. “I’m deeply grateful for the opportunity to advance SoStereo’s mission of making brand narratives powerful, memorable experiences with accessible, high-quality music.”
ALL IN THE FAMILY: Amanda Smith is promoted from president to chief executive officer of Fairchild Media Group, overseeing a portfolio of brands that includes Women’s Wear Daily, WWD Weekend, Beauty Inc, Footwear News, Sourcing Journal, Rivet and Fairchild Live Events. Like Billboard, FMG is a part of Penske Media Corporation. Prior to joining Fairchild in September 2020, Smith served in senior positions at print powerhouses including Fast Company, The New York Times, Vogue and The Wall Street Journal, among others. She is based in NYC and reports to Celine Perrot-Johnson, executive vp of operations and finance at PMC.
Kerri Kolen is the new vp of PAVE Publishing House, the independent print and audiobook division of PAVE Studios. Kerri was previously vp and head of audiobooks at Pushkin Industries and a creative executive at Audible, and has worked with notable authors and celebrities, including Kelly Osbourne, Carrie Fisher, Kate Winslet and Kareem Abdul-Jabbar, among others.
ICYMI:
Jackie Winkler
Recent executive of the week Jackie Winkler was promoted to senior vp and head of A&R at Island Records … Martijn Tel joined BMI as the performing rights organization’s new chief financial officer … Ultra Records veteran Eddie Spears joined Republic Records as its new evp of creative … and Rachelle Jean-Louis was named executive of the year in Billboard‘s 2024 R&B/Hip-Hop Power Players list.
Last Week’s Turntable: HYBE-Owned Label ADOR Replaces CEO
The Spanish recorded music industry is having a promising year, so far. PROMUSICAE (Productores de Música de España), which represents more than 95% of Spain’s recording industry, recently released half-year figures — and they continue to ascend. The recorded music industry has generated a total revenue of 249.8 million euros ($277.3 million) during this period, reflecting an impressive growth rate of 16.6% compared to the same period in 2023 when the income stood at 214.3 million euros ($237.9 million).
“It is very encouraging that in this first part of the year the figures growth of recorded music in Spain keep over 16%, as this highlights that the efforts and talent of Spanish artists and recording companies bear fruit, and music continues grabbing the interest of the public,” said Antonio Guisasola, president of PROMUSICAE.
The digital market remains a catalyst for this growth, experiencing a significant rise of 18.8%. Digital formats now account for 89.7% of the industry’s turnover, totaling 224.15 million euros ($248.82 million). That’s nearly all streaming, which captured 88.8% of the total market and generated revenues of 221.86 million euros ($246.28 million) — up 19.1% compared to the first half of 2023.
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Audio streaming represented 83.5% of all consumption and contributed 185.22 million euros ($205.6 million) to the industry. Video streaming accounted for 36.64 million euros ($40.67 million), totaling to 16.5% of streaming.
Karol G, Sabrina Carpenter, Spanish indie rock band Arde Bogotá, Dani Fernández, and Benson Boone are some of the artists that have placed No. 1 songs on the Spanish charts. Meanwhile, albums by Quevedo, Karol G, Bad Bunny, Aitana, and C.Tangana continue to dominate the 100 Albums annual chart.
Guisasola added, “Streaming is obviously the main way in which we consume recorded music and the greatest economic support of recording market, but the public is still demanding physical products such as vinyl, which sales steadily grow and is most valued by consumers.”
The physical market this year so far matches the growth of the same period of 2023, ever so slightly increasing to 0.03%. The consumption of vinyl rose 11.9% in 2024, like last year, whereas CD purchases decreased by 15%. Other formats also decreased compared with the same period of 2023, down 32.9%, and DVD salesdecreased by 15.1%.
“The challenge remains to push the Spanish recording production even stronger, helping companies of our country to invest in national talent, for which it is essential to be supported with public measures as can be tax incentives to Spanish production and the support to internationalization of our recording production,” stated Guisasola.
He mentioned that the challenges the industry faces is to get the public to “make a decided commitment to consume music through payment subscriptions, as it happens in our surrounding advanced countries.” Guisasola stated that this not only enhances the listening experience but also provides the financial returns needed to continuously support our artists’ talent.
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PROMUSICAE
Billboard is bringing back its highly anticipated Billboard Live Music Summit and Awards, taking place on Nov. 14 in Los Angeles.
After a four-year break, the event returns in collaboration with AEG Presents and Live Nation, marking its first occurrence since 2019.
The one-day event will feature a series of panels and thought leadership discussions, followed by the prestigious Billboard Live Music Awards, all programmed by Billboard’s Dave Brooks, Senior Director of Live Music and Touring.
“We’re excited to bring this program back to the epicenter of the concert business,” said Brooks. “This summit is a marketplace for ideas and brings together some of the biggest names in the business. This year, we will explore the industry’s challenges and opportunities, as well as celebrate how far we have come since 2019.”
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The event is expected to attract executives across artist representation, management, concert promotion, and the experiential sector, providing a unique platform for collaboration with top-charting artists. Topics will include the current landscape of the live music industry, strategies for navigating its evolving challenges, and insights into future opportunities.
Further details on the summit, including panelists and award categories, will be revealed in the coming weeks. For additional information, visit billboardlivemusicsummit.com.
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Billboard Live Music Summit and Awards follow in the footsteps of other notable events such as the Billboard Music Awards, Billboard Women in Music, and Billboard Latin Music Week, which connect the industry’s top talent and key players with music fans worldwide.
Jennifer Hudson, the multi-faceted star who has won two Grammys, an Oscar, an Emmy and a Tony — making her an EGOT — signed to Interscope Records, the label announced Wednesday (Sept. 4). Her most recent music release was the original soundtrack for Respect, in which she starred as Aretha Franklin and performed all of the songs. She has not recorded an album of original material since 2014’s JHUD, which was released by RCA. Two of her previous albums, 2008’s Jennifer Hudson and 2011’s I Remember Me, peaked at No. 2 on the Billboard 200. “Jennifer has made so many important contributions to global musical culture onstage, onscreen and through her incredible body of recordings,” said Steve Berman, vice chairman of Interscope Capitol Label Group, in a statement. “She is a tour de force and we are thrilled that she has chosen to spend the next phase of her career at Interscope.”
Capitol Records, in partnership with THEBLACKLABEL, announced the launch of MEOVV (pronounced “meow”), a new five-piece K-pop girl group (composed of Ella, Gawon, Soooin, Anna and Narin) whose name was unveiled last month. Notably, THEBLACKLABEL was founded by K-pop producer Teddy Park (a.k.a. TEDDY), who was an early BLACKPINK collaborator and has also collaborated with K-pop acts including BIGBANG, G-Dragon and 2NE1. MEOVV’s debut single is now available for pre-save on major streaming services.
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Grammy-winning band Portugal. The Man signed with WME for representation in all areas. The group, which released the album Chris Black Changed My Life last year, recently wrapped up a world tour in support of the LP, including shows at Red Rocks Amphitheatre and Ryman Auditorium. The band also has a charitable organization, Pass The Mic, that focuses on human rights, community health and the environment, with an emphasis on issues that directly impact Indigenous Peoples.
Singer-songwriter Weyes Blood signed with Blue Raincoat Artists for management. She will be represented by New York-based Ed Harris, who also manages Cigarettes After Sex, Miss Grit and Katrina Ford. Weyes Blood (born Natalie Mering) has released a total of five studio albums, including her critically acclaimed 2022 release And in the Darkness, Hearts Aglow. “Like many people I have been entranced and mesmerised by the beauty of her records and her live performances,” said Blue Raincoat Music co-founder/CEO Jeremy Lascelles in a statement. “She is so revered and admired by her peers, that it is truly an honour that she has trusted Ed and the Blue Raincoat team to guide her into and through the next exciting period of her career.”
L.A.-based electronic trio Cheat Codes partnered with Create Music Group to release the group’s next crop of music, including singles and an album. The first single to be released under the deal was “BLOOM” featuring Train. The band is managed by Jon Camche and Ricardo Zambak at Seminal Music Group.
Neon Gold Records and Tove Lo‘s label Pretty Swede Records jointly signed L.A.-based singer-songwriter-producer googly eyes. Her latest single, “Internet Star,” was released on Aug. 27 and was preceded by her debut single “Bareback on the Motherf—ing Plains.” Both will be included on her debut EP, Starlet, representing the first release on Pretty Swede outside of Tove Lo’s own music. “Internet Star has such a beautiful yet witty vulnerability that I think anyone who’s had dreams that maybe didn’t go their way can relate to,” said Tove Lo in a statement.
Heather Kolker‘s Dreamshop Management signed L.A.-based artist Hemlocke Springs. The singer-songwriter recently supported Doja Cat on her European tour and released her debut EP, going…going…GONE!, last year.
Singer-songwriter Diamante signed with Sumerian Records. The announcement coincided with the release of her new single, “All for the Glory.” Diamante, who is slated to embark on a North American tour alongside Sumerian labelmates Palaye Royale, I See Stars and Weathers, has released two studio albums to date: 2018’s Coming in Hot and 2021’s American Dream.
Also signing with Sumerian was Slovenian metal band Within Destruction, which released its new single, “Demon Child,” on Aug. 28. The band, which has released five studio albums to date, is set to play several dates in the United Kingdom and Europe this fall.
Warner Music Nashville signed William Beckmann to its roster. The bilingual Texas native will release his first post-signing song, “Not That Strong,” on Aug. 30. In 2022, he released the independent album Faded Memories followed by 2023’s Here’s To You, Here’s To Me, which featured “Tennessee Drinkin’,” Beckmann’s fifth consecutive top 20 song on the Texas Regional Radio Chart, according to a press release. – Jessica Nicholson
Audio Chateau Records, the new label launched by Jared Gutstadt‘s Audio Up Media, signed Nashville-based songwriter-musician Clayton Johnson, who recently co-wrote Lana Del Rey and Quavo’s “Tough” with Del Rey at the Audio Chateau studio space in Nashville. As a songwriter, Johnson is currently signed under a joint venture between Audio Up and Universal Music Publishing Group.