Category Music Industry News

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UK Music Survey Reveals Major Gains in Gender and Ethnic Diversity for 2024

The representation of women and ethnic diversity within the music industry has improved according to the UK Music Diversity Survey 2024.

Women are now landing themselves more senior positions; an 8.3% rise has been noted this year. Overall, 53.8% of participants in the survey identified themselves as women. This proves a wider inclusion in various roles across the music industry. The increase is also notable among younger Black, Asian, and ethnically diverse individuals.

Chair of UK Music’s Diversity Taskforce, Ammo Talwar MBE, commented on the new data:

“We have seen steady progress on increasing diversity across the music industry since we launched this survey in 2016, with further significant improvements year on year. That’s down to some of the brilliant initiatives in the sector that are driving change and those organisations that have led the way with integrity and transparency. However, there is still loads more to do – and we need the next Government to be fast and fearless when it comes to working with us to tear down the remaining barriers.”

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Paul McCartney
High Demand For Paul McCartney Causes Ticket Frenzy

Manchester’s Co-op Live has alerted fans vying for tickets to Paul McCartney’s highly anticipated “Got Back” tour, which has seen an overwhelming demand since pre-sale access began.

Earlier this week, McCartney, 82, unveiled plans for his world tour, featuring a series of UK shows in December 2024. This tour will be his first live performances in the UK since his Glastonbury headline set in 2022. Scheduled performances include dates at Manchester’s Co-op Live on December 14 and 15, and London’s The O2 on December 18 and 19. It will be McCartney’s first Manchester appearance since 2011.

Tickets will be available for general sale this Friday, but fans were eager to snag pre-sale tickets starting Wednesday morning (June 19), offered exclusively to Co-op and O2 Priority members. The surge in demand has led to a challenging ticket-buying experience for many.

Sharing their frustration, one fan said, “Was finally in a queue, got to the front for a blue circle to keep going around now at the back of a queue again of 14 thousand or so.”

Co-op Live has advised fans to remain patient and prepared for potential delays or difficulties as tickets continue to sell quickly.

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Photo credit: Jimmy Baikovicius.

Concert
Live Nation and Ticketmaster Face $5 Billion Class Action Lawsuit

Music industry giants, Live Nation and Ticketmaster have been stung by a $5 billion consumer class lawsuit. It comes after the US justice department lawsuit which is aimed at disband the powerful conglomerate.

This landmark lawsuit represents the first direct legal challenge for Live Nation and Ticketmaster after the DOJ’s striking move to try to split up the two entities. Millions of plaintiffs are seeking damages and they allege that Live Nation’s monopolistic setup has severely affected competition within the live events space.

The consumer class action and the DOJ are both accusing Live Nation of wielding its immense market power to stifle competitors. Also, coercing venues into exclusive deals with Ticketmaster. This behavior, as outlined in the legal filings, has in their eyes squeezed out rivals and deprived consumers of fair competition and choice.

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Google
Google Unveils Music AI Sandbox at Google I/O 2024

Google I/O 2024 is in full swing, and this year’s event is showcasing an array of cutting-edge generative media models and tools. Among the highlights is the unveiling of the Music AI Sandbox, sparking discussions about its potential impact on businesses that license sound to creators.

Teaming up with YouTube and a lineup of notable artists, songwriters, and producers, Google has unearth the Music AI Sandbox. This platform of music AI tools plans to create a new definition for creativity by providing users with the ability to craft instrumental sections from scratch, great right? Industry big wigs such as Wyclef Jean, Justin Tranter, and Marc Rebillet have already taken the leap, revealing new demo recordings on their YouTube channels that were put together with the assistance of Google’s music AI tools.

Accompanying the excitement of the demo reveal is a crucial message emphasizing responsibility in the deployment of new AI technology. Google makes a point of its commitment to working closely with the creative community. Also, external stakeholders to ensure the safe and responsible utilization of these innovations.

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Olivia Rodrigo
Olivia Rodrigo Fans Await New Dates for Manchester Co-op Live Shows

The uncertainty among Olivia Rodrigo’s fans remains tangible as they eagerly await updates on the rescheduled dates for her two major Manchester Co-op Live shows. Originally planned for May 3 and 4, these performances were postponed just 48 hours prior, citing technological challenges at the new venue.

The pause arose due to issues encountered during Co-op Live’s planned inaugural event featuring A Boogie Wit Da Hoodie on the 1st of May. Since, Olivia’s supporters have been eagerly awaiting updates on the destiny of her Manchester shows, while the American popstar continues her UK tour, currently pinnacling at London’s O2 Arena before heading out across Europe.

This week marked a significant milestone for Co-op Live as it finally opened its doors to the public. The opening concert, headlined by Greater Manchester band Elbow, successfully inaugurated the venue, laying down the foundations for a lineup of highly anticipated acts. Among these are the Black Keys on Wednesday, Eric Clapton on Saturday, and Barry Manilow on Sunday.

Tim Leiweke, the head of Co-op Live, shared insights with the M.E.N. regarding the venue’s future plans, including the rescheduling of Olivia Rodrigo’s much-awaited performances. As fans hold their breath in anticipation, the music world remains captivated by the unfolding developments surrounding these eagerly awaited shows.

Photo credit: The Walt Disney Company.

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Spotify
Spotify Reveals Record £750 Million in Artist Royalties for 2023

In a groundbreaking revelation, Spotify has disclosed that artists reaped a staggering £750 million in royalties throughout 2023, marking a remarkable milestone in the music streaming landscape. This figure stands as a testament to the platform’s exponential growth, more than doubling the earnings recorded in 2017.

The disclosed sum encompasses royalties distributed among various stakeholders in the UK, including artists, songwriters, and labels, underscoring Spotify’s commitment to transparency through its Loud & Clear platform.

In a remarkable surge, close to 1,000 UK artists amassed a minimum of £100,000 in royalties from Spotify alone, a figure that has doubled since 2017. Equally noteworthy is the revelation that the number of UK artists earning in excess of £10,000 and £50,000 from Spotify streams has also doubled within the same timeframe.

A staggering 75% of the royalties generated by British artists on Spotify in 2023 originated from listeners beyond the UK’s borders, highlighting the platform’s global reach and its pivotal role in amplifying UK talent on an international scale.

Furthermore, independent artists and labels made substantial strides in the streaming arena, accounting for over 40% of the total royalties generated by UK artists on Spotify in 2023. This statistic echoes Spotify’s earlier global data, which unveiled the independent sector’s significant contribution, amounting to $4.5 billion of the $9 billion payout in 2023.

Safiya Lambie-Knight, Spotify’s Head of Music for the UK and Ireland, lauded these achievements, remarking, “This year’s Loud & Clear data showcases the unprecedented financial opportunities streaming affords to UK artists, facilitating a paradigm shift in the music industry’s landscape.”

Lambie-Knight further emphasized the transformative impact of streaming in dismantling barriers to entry and democratizing access to music on a global scale. She added, “The surge in royalties earned by UK artists from international listeners underscores the power of streaming platforms like Spotify in fostering cross-cultural connections and amplifying diverse voices.”

As Spotify continues to spearhead innovative strategies to empower artists and nurture their growth, the profound impact of streaming on the music ecosystem becomes increasingly evident. With three-quarters of royalties emanating from a global audience, the platform remains instrumental in propelling UK talent to unprecedented heights of success and recognition on the world stage.

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Co-Op Live
Elbow to Inaugurate Troubled Co-Op Live Arena as Opening Act

Manchester’s eagerly anticipated Co-Op Live Arena is finally gearing up for its grand debut, and who better to christen its stages than the iconic British band, Elbow? The arena, poised to become the UK’s largest indoor venue with a colossal capacity of 23,500, has faced a string of setbacks, but it seems the show will go on as scheduled for May 14th.

Despite a tumultuous period fraught with delays and uncertainty, Co-Op Live Arena has confirmed to the Manchester Evening News that Elbow’s upcoming performance will mark the venue’s much-awaited opening night. Fans can expect an electrifying performance from Guy Garvey and the rest of the band as they kick off their current UK tour in style.

Following a series of unfortunate events that hindered the arena’s timely opening, including logistical challenges and unforeseen circumstances, there’s now a sense of optimism surrounding the venue. With the reassurance from Co-Op Live Arena management that there won’t be any further delays impacting their opening season, excitement is building for what promises to be an unforgettable inaugural event.

As music enthusiasts eagerly await the unveiling of this state-of-the-art venue, all eyes are on Elbow to set the stage for what’s to come. With their soul-stirring melodies and anthemic hits, the band is sure to deliver a performance befitting of such a momentous occasion.

Photo credit: Peter McDermott.

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The Killers
The Killers’ ‘Mr Brightside’ Dethrones Oasis Classic

In a monumental shift in the UK music scene, The Killers’ iconic 2003 anthem ‘Mr Brightside’ has soared to new heights, surpassing Oasis’ beloved 1995 classic ‘Wonderwall’ to etch its name in history.

As reported by the Official Charts Company, ‘Mr Brightside’ has clinched the title of the UK’s biggest single of all time without reaching the coveted Number 1 spot. Originally unleashed in September 2003, the track made a significant mark, but it was the re-release the following year that solidified its impact, peaking at Number 10 on the UK charts.

With an impressive combined tally of 5.57 million sales and streams (including 1.066 million sales and a staggering 530,340,000 streams), ‘Mr Brightside’ has unequivocally eclipsed ‘Wonderwall’ to stake its claim as the UK’s most successful song to never clinch the top spot.

This achievement not only underscores the enduring popularity of The Killers’ anthem but also highlights the evolving dynamics of music consumption, where streams play an increasingly influential role in chart success.

For fans and music enthusiasts alike, this milestone serves as a testament to the timeless allure and universal appeal of ‘Mr Brightside,’ solidifying its status as an emblematic anthem of a generation and a perennial favorite on the UK charts.

Photo credit: Raph_PH.

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Music Publishing
Richard Stumpf Launches Hawkeye Music Publishing

Richard Stumpf, the esteemed CEO/Founder behind Atlas Music Publishing (HYBE US), President of Imagem Music, US (Concord), and SVP at Cherry Lane Music (BMG), has embarked on an exciting new journey with the launch of Hawkeye Music Publishing.

In a recent press release, Stumpf unveiled the mission of his latest venture, stating that Hawkeye Music Publishing aims to serve as a vital link, connecting relationship-driven catalog clients with its strategic partner Round Hill Music. Additionally, the company will forge close collaborations with active writers dedicated to crafting impactful and resonant musical works.

The impressive roster of advisors for Hawkeye Music Publishing includes renowned figures from various corners of the music industry. Among them is Ann Mincielli, a Grammy-winning engineer celebrated for her work with icons like Alicia Keys. Mincielli’s expertise promises invaluable insights into the artistic process and studio dynamics.

Furthermore, the team boasts the visionary minds behind influential initiatives such as She is The Music and Jungle Studios. Notable names like Josh Gruss, Founder and CEO of Round Hill Music, bring a wealth of experience in music publishing, while Sean Garrett, the prolific producer/songwriter behind hits for Usher and Beyonce, lends his creative prowess to the endeavor.

Other luminaries contributing to the advisory board include Barry Ehrmann, founder/video producer of Enliven Entertainment, with a portfolio spanning luminaries like Billy Joel, Lady Gaga, and Travis Scott. Brandon Young, Head of Music Affairs at Activision Blizzard, brings a unique perspective at the intersection of music and gaming, while Chris “Coach” Rodriguez, Assistant Program Director and Disc Jockey at 107.1 The Peak (NY), offers insights into radio programming and audience engagement.

The international dimension is enriched by Julio Guiu, President of Clipper’s Music Group in Spain, and Amy Berkholtz, a seasoned digital media strategist with a diverse background spanning entertainment, media, tech, and social impact.

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Global Dance Music Industry Sees 17% Revenue Surge in 2023, IMS Business Report Reveals

The pulse of the global dance music industry continues to beat stronger than ever as the IMS Business Report 2024 unveils a staggering 17% year-on-year rise in revenue for 2023. Compiled by industry expert Mark Mulligan in collaboration with MIDiA Research, the report’s findings were unveiled at the IMS Ibiza 2024 conference, painting a vibrant picture of the electronic music scene.

In a testament to the enduring allure of dance music, the industry’s value soared to a remarkable $11.8 billion in 2023. Festival grounds and club dancefloors emerged as the primary drivers behind this surge, accounting for nearly half of the total revenue generated. The live sector, in particular, witnessed a remarkable 35% increase in revenue, signaling a robust resurgence in the aftermath of the pandemic-induced hiatus.

Noteworthy insights from the report highlight the unwavering devotion of dance music enthusiasts, who proved to be avid supporters of live experiences by increasing their spending on live music by 31% compared to the average consumer. Moreover, South Africa emerged as a burgeoning hub for electronic music, capturing the attention of industry observers and enthusiasts alike.

A standout example of the genre’s global appeal was showcased through Belgian festival Tomorrowland’s TikTok LIVE event, which mesmerized 16 million unique viewers across both weekends. This landmark achievement propelled Tomorrowland to the zenith of TikTok fame, boasting an impressive following of 5.7 million fans.

The survey’s findings further underscored the buoyancy of the live sector, with 63% of respondents reporting an uptick in event attendance, coupled with a substantial 66% increase in the number of events staged.

Reflecting on the industry’s meteoric rise, Mark Mulligan remarked, “2022 was an unusual year, reflecting the post-pandemic bounce-back effect for live. There was a risk that 2023 would struggle to live up to those inflated expectations, but instead, the electronic music industry grew strongly once again, with impressive growth across virtually all of its constituent parts.”

Mulligan also highlighted the genre’s unparalleled ability to attract diverse audiences, citing the rapid ascent of African music and fans as a contributing factor to electronic music’s expanding cultural footprint and vibrant global scenes.

As the beat goes on, the global dance music industry stands poised on the cusp of even greater achievements, fueled by innovation, passion, and an unwavering dedication to the rhythm that unites us all.

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