More from Hannah Karp, Billboard
Spotify Offers Managers, Artists Advances to License Music Directly to Its Streaming Service
Spotify has offered advances to a number of managers and indie acts in exchange for licensing their music directly to the streaming service. Under terms of some of the deals, management firms can receive several hundred thousand dollars as an advance fee for agreeing to license a certain number of tracks directly to Spotify.
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Spotify Removing R. Kelly From Playlists Troubles Music Biz Executives
XXXTentacion's music was also de-playlisted for violating the streaming service's "hate content and hateful conduct" policy.
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Sony Music Chairman Doug Morris Secures Funding to Launch New Label
Morris has discussed his plan with Apple Music executives recently, though Apple — which makes marketing deals with labels and artists — would not own a stake in the label.
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SONGS Music Publishing Sells Catalog to Kobalt
Kobalt will now be in possession of hits including Lorde's "Royals" and The Weeknd's "Can't Feel My Face."
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Court Voids Universal Music Group’s $31 Million Deal With Prince Estate
UMG still controls the rights to administer Prince’s publishing worldwide, as well as to make his merchandise.
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Jay Z Calls Out Prince’s Former Lawyer on ‘4:44’ Track ‘Caught Their Eyes’
On the track, Jay-Z rhymes: “I sat down with Prince, eye to eye/ He told me his wishes before he died / Now, Londell McMillan, he must be color blind/ They only see green from them purple eyes.”
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Stem Raises $8 Million to Help Artists Collect Digital Revenue
The startup has helped musicians from Frank Ocean to Childish Gambino.
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Universal Music Group Donating $500,000 to Manchester Victims
Many of the headlining artists of the One Love Manchester benefit show are making their own donations as well.
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Sony Dismisses First L.A. Reid Loyalist
Eexecutive vp Laura Swanson exits a week after the Epic boss was ousted amid sexual harassment allegations.
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Epic Executives Knew of L.A. Reid’s Alleged Misconduct, Letter Claims
An attorney points out that one of the female assistants had complained to her immediate supervisor about Reid’s misconduct, but the supervisor offered no direction or solution.
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L.A. Reid’s Epic Records Exit Followed Harassment Claim by Female Staffer
In a letter to Sony, the female assistant's lawyer alleged harassment, including inappropriate remarks about her appearance and clothing and propositions that caused her embarrassment and distress.
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Prince Estate Shopping New ‘Purple Rain’ Concert Film, Documentary to Streaming Services (Report)
According to sources, Spotify executive Troy Carter is helping negotiate a pact in one of his first dealings as an advisor to the Prince estate.
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