Opening Your Third Eye to the New Wave of Cosmic AmericanaUnder-the-radar artists like SUSS, Marisa Anderson & William Tyler, and Chuck Johnson represent the vanguard of a surging underground subculture that explores the notion of "Cosmic Americana" from a variety of creative angles. AllMusic presents some recent albums worth investigating.

Musically adds to this and UMG says: “I must remind you, 11 or 12 years ago, no one had heard of Spotify in the United States...". If you know the story of #Spotify it is quite interesting to know how this "breakthrough" had happened.
#MusicBusiness #majorlabels #independent #indie #Music

This letter seems very logical from #majorlabels point of view. Every corporation needs to grow at YTD sales and profit rate each year. And as soon as something starts to change then the #MusicBusiness model requires a change again...for the sake of competition.

The UK trade association for entertainment retailers released its annual estimates for the UK entertainment market, showing strong growth for video but less impressive increases for music and games by #Midia research.
#MusicIndustry #MusicBusiness #Streaming #Film #Games

"With a 2023 set to be a challenging year for the global economy, it is a good time to look at how the music industry has performed in the year to date."
#MusicBusiness #MusicIndustry

Really good question what's going to be next soon.
There are plenty of questions which pop up nowadays, one of which is:

Will the recession change Big Tech’s view on entertainment?

#MusicIndustry #MusicBusiness

UMG-owned Deutsche Grammophon which is the world’s oldest record label just launched its own high-res classical #music #streaming service. #MusicBusiness

https://www.musicbusinessworldwide.com/universal-launched-a-streaming-service-for-classical-music-via-deutsche-grammophon/

#decentralization - this is the future of #Music and everything

The list of musicians driven to cancel tours for financial reasons continues to grow past names such as Little Simz and Animal Collective.
#MusicIndustry #touring

When governments plan to introduce controversial new policies, they prepare the ground in advance (dropping hints in speeches, privately briefing journalists, etc.), so that by the time the new policy finally arrives, it does not feel quite so controversial. A similar process is currently playing out in the music business.

#Midia research by Mark Mulligan #MusicBusiness

#MusicIndustry business and #majorlabels continue to grow

#MusicBusiness

Ok then, it's #MusicBusiness ... all the same

https://www.musicbusinessworldwide.com/the-exec-who-built-spotify-for-artists-just-launched-soundcloud-for-artists/

France music market is growing

#MusicIndustry

https://www.musicbusinessworldwide.com/frances-record-business-grew-8-2-to-e364m-in-h1-but-growth-slowed-in-the-worlds-fifth-largest-music-market/

Brad Pitt has opened the rebuilt French Miraval recording studio

100 000 tracks a day, the round number now achieved.
Where all this tracks go to?
it means approximately 2 tracks a second are being released already.
#MusicIndustry