According to Billboard SoundScan mid-year numbers provided by A2IM, report, indie labels hit a record high with 34.4% of the overall market share based on master ownership (not distribution). That’s up from last year’s mid-year mark of 32.9%. Top selling independent label artists so far this year include: (noted in album/TEA sales) Mumford […]
Depending on your tastes, you may or may not know producer Metro Boomin from his work with Future, Ludacris & Yo Gotti. However, even if you’re unaware of the 19-year-old “Karate Chop” producer, you’ll appreciate hearing how he worked his way up the ladder in this quick documentary. Shot by Mercy Hope Productions, this six-minute […]
Signaling the strength of Internet and satellite radio, SoundExchange paid out a record $149 million to record labels and artists in the second quarter of 2013, 55% increase over the same period in 2012. SoundExchange is the non-profit organization that collects performance royalties from digital music services and distributes them to record labels, performing artists […]
A close look at the iTunes licensing agreement for indie labels shows iTunes Radio royalties have limited downside and strong upside. The minimum royalty calculation ensures labels will be paid a decent royalty until iTunes Radio becomes effective at generating revenue. iTunes Radio could be very valuable to labels if Apple can convince listeners to buy downloads […]
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