The latest in the Spotify saga has seen the streaming platform launch a dedicated website for artiststhis week in an attempt to demonstrate its transparency when it comes to the hot topic of royalty payments- reiterating that the site pays out 70% of revenues, equating to between $0.006 and $0.0084 per stream to rights holders.
The BBC has announced its annual Sound of 2014 long list, but does it reveal anything more than marketing spend and self fulfilling exposure across BBC platforms? Adding further weight to the argument that labels are no longer really investing in bands, the list is predominantly made up of solo artists, songwriters or duos including Chlöe Howl, BANKS, George Ezra and Jungle.
Arctic Monkeys, Latitude and former Generator clients Kendal Calling were amongst the winners at this year’s UK Festival Awards. Taking place at The Roundhouse venue in London on Monday evening (2nd December) following the conference element of the event, the 10th UKFestival Awards aimed to celebrate the best of the festival industry in 2013- a year in which many considered the sector to bounce back following a uniquely challenging year in 2012.
Regular readers may not have been relying on Iron Maiden to single handedly save the stagnant UK economy but it has been revealed that the veteran rockers are amongst the most promising small businesses in the UK alongside Shazam and Kobalt.
An All Party Ticketing Abuse Group has launched, with the aim of tackling fraud in the secondary ticketing market. Established by Conservative MP Mike Weatherley in consultation with industry trade associations such as UK Music, the informal cross-party group are set to meet soon to discuss the burning issues. These include the use of automated bots to buy large quantities of tickets and the ways in which the secondary ticketing market encourages fraud and unscrupulous practices from touts.
Just in time to balance out all that reporting from the front line of a healthy independent sector- It's an announcement about the BRIT Awards 2014. Arctic Monkeys and Katy Perry will both play and the organisers are promising the “biggest and most exciting” awards ever.
Independent Venue Week will launch early next year, supported by PRS for Music and backed by the likes of Radiohead, Frank Turner, Domino and UK Music. From 28th Jan -2nd Feb next year, 19 venues will host six days of emerging acts across the UK.
Independent labels are now accountable for over 25% of UK album sales. Music Week reports that although overall album sales have dropped 30% since 2005, Indies such as Beggars Group labels and Domino have hit a market share high of 26.4%. So, what is the reason for this?