Adam Weiner has just finished doing pushups in his underwear while singing Canadian punk band SNFU’s “Time to Buy a Futon” for 165 paying fans. “Whoo! I’m really schvitzing now,” Weiner, the frontman and songwriter for Philadelphia rock revivalist band Low Cut Connie, tells the camera, as he puts on …
Read More »Goldman Sachs Expects Global Music Revenue to Drop 25% This Year
This time last year, the music industry was patting itself on the back for another year of sizable growth and profits that seemed to secure a rosy outlook for its future. After enduring three unprecedentedly rocky months of cancelled concerts, shuttered venues, and other sectors of the industry grinding to …
Read More »Why the Music Business Should Be Looking Closely at Fortnite and Epic Games
In 2006, I worked my first shift as a beat journalist in the video game business — an industry I would go on to cover for the following half-decade. The big news that year was the arrival of Gears of War, developed for Microsoft’s Xbox 360, in which a troop …
Read More »Meet the Companies Vying to Offer Quick Cash for the Music Business
As the pandemic-induced economic crisis decimates the music industry, many musicians and songwriters are scrambling to make a living. For those who have written songs but yet to receive payment through traditional sources — publishers and performing rights collection agencies — a number of financial companies are vying to help. …
Read More »King Princess' Manager on Postponing the Singer's Harry Styles Dates (and Everything Else)
This is the second installment of Rolling Stone‘s Music in Crisisseries, which looks at how people all across the music industry are coping with thecoronaviruspandemic. ___ Early this year, King Princess — rising singer/songwriter Mikaela Straus, backed by a band of close friends — was preparing for a big European …
Read More »Amazon Is Halting New CDs and Vinyl Record Sales
We’re only starting to see the first signs of the likely unprecedented and inevitably devastating impacts of COVID-19 on the music industry. Analysts estimate that the concert industry could lose as much as $5 billion as festivals like SXSW and Coachella postpone and acts from Billie Eilish to Celine Dion …
Read More »Recording Academy, MusiCares Set Up COVID-19 Relief Fund
With much of the music industry reeling in light of the ongoing coronavirus pandemic, the Recording Academy and its charitable foundation MusiCares announced on Tuesday that the two organizations have set up a $2 million COVID-19 Relief Fund for music industry members in financial need. A spokesperson for the Recording …
Read More »Warner Music Wants to Go Public — Again
After spending the past eight years as a private company, Warner Music Group is looking to come back on the public market, the major label announced on Thursday, filing an Initial Public Offering request through the U.S. Securities and Exchange Commission. The announcement comes just after a record first quarter …
Read More »SoundCloud Users Revolt After Company Announces Plan to Limit Free Uploads
For the artists who rely on SoundCloud to distribute their music free of charge, this week began with an alarming email. On Monday morning, the streaming service proclaimed that it was “bringing lossless HD storage and downloads to all.” But hidden inside that early Christmas present was a razor blade: …
Read More »Future 25: Dawn Ostroff, Chief Content Officer at Spotify
Dawn Ostroff had spent most of her career in the TV and movie business before stepping into her job in music streaming a year ago. But the veteran television and video executive is now tasked with pulling off Spotify’s biggest new gamble in years. Ostroff’s mission is to grow the …
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