The DJ duo The Chain Smokers who could be the next LMFAO just signed to Universal Republic after a bidding war between Warner Bros., RCA, and others. The war was over the song #Selfie that hit 4 million views on YouTube. Their original tracks have all reached the Beatport top charts and their remixes hit #1 on the HypeM charts, all of which get hundreds of thousands of plays on Soundcloud and posted on countless blogs. The single “#Selfie” has climbed into the iTunes singles Top 20. They are managed by Adam Alpert of the management company 4AM.
Lady Gaga’s “ARTPop” album last fall certainly didn’t give Universal Music Group any pop.
Gaga’s fourth-quarter flop helped cut Universal’s revenue in the period 9.3 percent, the company said in a report Tuesday.
The tough Japanese economy — which accounts for 25 percent of global music sales — also hurt Earnings before interest, tax and amortization, or Ebita, was off 11.1 percent, or 7.8 percent on a constant-currency basis. The tough quarter cut profits for the year by 2.9 percent, to $702 million (511 million euros). They were up 1.4 percent on a constant-currency basis, the company said. Full-year revenue rose 7.5 percent to $6.7 billion (4,886 million euros) or 12.8 percent when adjusted for currencies. For the year, Universal Music’s best-selling albums were from EMI’s Katy Perry and Interscope’s Eminem. Read more…
Songwriters understandably hate this, but they have almost no power to stop it. The reason is that despite incredibly low payouts, it’s nearly impossible for songwriters to remove their catalogs from Pandora, or even negotiate better terms. The complicated explanation has to do with a century of antiquated laws that basically force songwriters to license their content at fractional rates, and like it.
Last year, a number of prominent songwriters protested on Capitol Hill, with emotional performances designed to combat lower royalty rates. This year, they’re exercising the nuclear option by introducing legislation to change the laws. This bill, introduced this morning, is called the Songwriter Equity Act, with Congressman Doug Collins sponsoring.
Essentially, the bill attempts to plug two massive loopholes in copyright law that greatly benefit Pandora but essentially screw songwriters. ”Roughly two-thirds of a songwriter’s income is heavily regulated by law or through outdated government oversight,” National Music Publishers’ Association CEO David Israelite told Digital Music News. ”This legislation addresses two significant inequities under current copyright law that prevent songwriters and music publishers from receiving compensation that reflects the fair market value of their work.”
It’s safe to say that Imagine Dragons’ “Radioactive” is a major hit.
The alternative rock band’s song just made Billboard Hot 100 chart history, breaking the record for the longest run on the list.
This week, the song recorded it’s 77th week on the chart.
“It’s unbelievable,” Imagine Dragons lead singer Dan Reynolds told Billboard. “There are few things more satisfying as an artist than seeing your music have longevity. But, we could never have expected to see one of our songs have legs like this.”
“People seem to be connecting to it in personal ways, which is exactly what we hoped for,” he continued. “We’ve been out on the road and focused on touring for a long time. Somewhere along the way, we started to realize the song was taking on a life of its own.”
Kings of A&R Top 8 Emerging Artists
1) Maggie Chapman – Graffiti
2) Beth Spangler – Like A Bird
3) Radio Days – I’ve Got My Ways On Saturdays
4) Karra – Wild Love
5) Mike Deleasa – To Damn Beautiful
6) Tommy Burr – Lights Out
7) Brittany Ray – Love Is Worth It
8) Kris Orlowski – Believer
Maggie Chapman is a must listen. Check out the track Graffiti which comes off her debut EP which was produced by Luke Laird (Kacey Musgraves). Beth Spangler captured the eyes and ears of songwriters and producers after building a name for herself through a vocal competition. She peaked at #12 on MTV’s popular artist. Radio Days is a electro-indie-pop rock band from Holland and created a buzz after Coldplay mentioned the band on their website. Emerging Electronic/Pop artist, KARRA, has entered the scene with a captivating track called “Wild Love”, with its unforgettable melodies and its unique tribal-esq sound, it serves as a perfect breakout single for the artist. Singer-songwriter Mike Deleasa has toured with the Jonas Brothers in South America, performing Chicago’s House of Blues and NYC’s Irving plaza as direct support for Olly Murs. Tommy Burr who gained traction from our last post will soon release a new EP which features the new single Lights Out. Brittany Ray, a 18 year old country/pop singer-songwriter from Iowa is making noise with her the track Love Is Worth It which features Richie McDonald from Lonestar. Lastly, Kris Orlowski, having just performed at Sundance Film Festival, and is set to perform SXSW just released his new single Believer.
Even record labels are going to the cloud.
Warner Music Group is teaming with music discovery app Shazam to create a new “big data” record label. The aim of the new Shazam label is to discover and sign new acts that can then be supported by Warner.
“We have forged a potent proposition: the first crowd-sourced, big data record label,” said Warner Music Group chief operating officer Rob Wiesenthal in a statement. “While data and crowd sourced analyses will never be a substitute for the expertise and instincts of our (artist & repertoire) professionals, we do believe the information we obtain for this new label will provide very useful signals that will bolster our ability to find the stars of tomorrow.” CONTINUE READING