MUSIC INDUSTRY NEWS

Jay-Z completes sale of Tidal to Jack Dorsey’s Square for reported $350M

Jay-Z’s deal to sell his music-streaming service Tidal to Jack Dorsey’s financial services company Square has closed, reportedly valuing Tidal at more than $435 million.

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Hipgnosis Acquires 105 Songs From Grammy-Winner Andrew Watt in Eight-Figure Deal

Merck Mercuriadis calls Andrew Watt “arguably the most important writer and producer in the world today

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Concord acquires 145,000 music copyrights from Downtown for around $400m

The copyrights included in the transaction were developed or acquired by Downtown over the past 14 years and bring Concord’s owned and controlled music assets to over 600,000 works.

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Universal Music Group is Raising $3.5 Billion in Financing. Will A Spending Spree Follow?

Last month, MBW revealed that Universal Music Group spent a whopping €1.5 billion (approx $1.7bn) in 2020 on a combination of acquiring catalogs and paying advances to artists.

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Dr. Luke’s Prescription Songs Will Pay Songwriters In Bitcoin

Dr. Luke’s Prescription Songs publishing company has announced that its songwriters will have the option of receiving their royalties in Bitcoin moving forward.

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Neil Young Demands His Music Be Removed From Spotify Over “Fake Information About Vaccines”
“They can have [Joe] Rogan or Young. Not both.”...
Ty Segall Announces Whirlybird Soundtrack, Shares New Song: Listen
“Story of the Century” is the first single from Segall’s first-ever film score...
Jazmine Sullivan Announces New Heaux Tales Deluxe Edition
Heaux Tales, Mo’ Tales: The Deluxe is out February 11 via RCA...
Taylor Swift to Damon Albarn: “It’s Really Fucked Up to Try and Discredit My Writing”
In a new interview, the Gorillaz mastermind said Swift “doesn’t write her own songs.” Swift tweeted, “I write ALL of my own songs. Your hot take is completely false and SO damaging.”...
Bob Dylan Sells Recorded Music Catalog to Sony Music
The company now owns the master rights to all of Dylan’s albums and “multiple future releases”...
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Why Meat Loaf Mattered: A Salute to Horsepower, Hormones and Heft
Among Meat Loaf’s critical defenders — which, as you may have realized if you’ve paid much attention over the years, is a very niche market in the world of rock tastemakers — there’s a word that comes up over and over again, employed as a sort of backhanded compliment: “ridiculous.” I’ve used it myself, and...
Brad Pitt, Damien Quintard Relaunch Historic Miraval Studios as Creative Hub in the South of France
Brad Pitt has teamed up with Emmy-award winning music producer Damien Quintard to relaunch the historic Miraval Studios, where Pink Floyd, Sting, The Cure and AC/DC recorded their albums. It is being redesigned as an exclusive film and music production and post-production facility in a beautiful setting. The studio is located in a majestic vineyard...

Jack Antonoff, Aaron Dessner & More Stars Defend Taylor Swift After Damon Albarn’s Songwriting Comments
Following Damon Albarn's Los Angeles Times interview, in which he claimed that Taylor Swift “doesn’t write her own songs," a number of celebrities have come to her defense....
Neil Young Wants His Music Off Spotify Over Joe Rogan Vaccine Misinformation
"They can have Rogan or Young. Not both."...
Cardi B’s Reebok Capsule Collection Lands on ‘Abbott Elementary’
The collection was released last summer....
Rihanna Is a Vision in Red for Date Night With A$AP Rocky
Rihanna seamlessly blended casual with chic for a recent night out with boyfriend A$AP Rocky....
‘We Don’t Talk About Bruno’ Nears ‘A Whole New World’ for Hot 100 History Among Disney Hits
"I'm amazed to be in such incredible company," Lin-Manuel Miranda marvels....
When We Were Young Festival Adds a Third Date, With Minor Adjustments to Pop-Punk Lineup
The aptly named 2000s emo-pop festival will now return to Las Vegas for a second weekend on Oct. 29....
Terry Tolkin, Who Championed Alt-Rock at Elektra, Dies at 62
Legend has it Tolkin coined the term "alternative music" in the late 1970s. "It's one of those claims that he didn't necessarily deny," says his friend Dean Wareham....
Ye Poses With Donda Academy Basketball Team for New Cover Story
The high schoolers insist they're not just "clout chasers" in Balenciaga-produced uniforms....
Blood, Sweat & Tears Co-Founder Dick Halligan Dies at 78
He played trombone, keyboard and flute for the Grammy-winning band and also co-wrote several of their songs....
‘Euphoria’ Fashion: Where to Buy Clothes From Season 2
Eyeing Kat's wardrobe or Rue's signature sneakers? We rounded up a list of items to shop....
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