2024 Live Music Industry Awards presented by

Marissa Mayer has officially confirmed today that Tumblr is in fact being acquired by Yahoo for the price of $1.1 billion. Despite speculation that Tumblr’s team could be taken apart and absorbed by Yahoo, Tumblr CEO David Karp assures users that the micro-blogging site will remain the same Tumblr many have come to love. “We’re not turning purple.…

Brighton UK: In the opening keynote of the CMU-programmed Great Escape convention this morning, the CEO of Merlin, Charles Caldas, announced the results of a new survey of the group's members, as the indie labels' digital rights agency turns five years old. The organisation represents over 20,000 independent labels and distributors from over 35 countries,…

Facebook has announced the completion of the “Sections” rollout that shows what apps you use and allows people express themselves. Along with this, users now are able to give star ratings to movies, TV shows, and books, and integrated apps such as Rotten Tomatoes, Netflix, Goodreads with Sections. People using music apps like Spotify, Rdio,…

Google Inc. jumped into the increasingly crowded music subscription business today, announcing an on-demand service that’s “uniquely Google.” Dubbed All Access, the service debuts today in the U.S. at $9.99 a month, with a 30-day free trial. Subscribers who sign up before June 30 will get a special rate of $7.99 a month. The announcement, made at…

Stung by accusations that it doesn’t pay enough royalties to artists, Pandora Media has been quietly working on a tool that would demonstrate the company's value by giving artists more information on how their songs perform on its Internet radio service. The tool is essentially a dashboard that tells artists such things as the spin counts…

According to trade source CelebrityAccess MediaWire -- Terry McBride, founder of Nettwerk Music Group, says that his company has raised a fresh round of equity growth financing and they are on the lookout for projects and new artists to develop. This latest round equity financing includes investments from HBC Investments, as well as additional investment from current…

(Toronto, ON): The Canadian Independent Music Association (CIMA) today released a ground-breaking report that shows what the sector has long known - the Canadian-owned independent music industry creates jobs, generates hundreds of millions of dollars in revenue every year and dramatically contributes to the national economy. Sound Analysis, An Examination of the Canadian Independent Music Industry,…

The Guardian Sean Parker and Lars Ulrich settle differences, with Metallica agreeing to put their whole back catalogue on streaming service Streaming music service Spotify has now paid out more than $500m (£311m) in royalties to rightsholders since its launch in 2008, according to chief executive Daniel Ek.   He revealed the milestone at a press launch in New…

Google has reached a new arrangement with European music publishing entities which will give it access to 5.5 million tracks spanning 35 countries, including artists like Lady Gaga and Rihanna. The arrangement was made with Armonia, one of the largest alliances of music publishers in the world, which includes French, Italian and Spanish licensing groups.…