30th Mar 2012
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The latest figures from the IFPIsuggest that global recorded music sales are down but not out, continuing an overall decline that slowed down significantly in 2011.The IFPI reports that the market is down 3% globally, with revenues in the UK down to £889m year on year in comparison to a spiral of almost 9% in 2010.
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The organisers of the Great Escape festival are having a busy week by the sea, announcing a partnership with Arts Council England (ACE) and announcing that 141 artists are now confirmed to play this year.ACE are set to support the festival with a £38,000 grant and a series of ‘DIY Spotlight’ sessions aimed at assisting artists, managers and music entrepreneurs in the early stages of their careers.
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UK Music support the initial findings of the ‘Digital Copyright Exchange Feasibility Study’ conducted by Richard Hooper. The independent report commissioned by Vince Cable in 2011 is focusing on whether or not current copyright licensing is the best fit for the digital age.
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Spotify has stepped up the interaction with a range of new apps from labels including Matador and Def Jam alongside independent distributor PIAS and Now That’s What I Call Music!Other labels and distributors involved include a mix of majors and independents including Universal, Sony, Domino and Warner Music.
22nd Mar 2012
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Generator, Amazing Radio, Evolution Festival and NARC. Magazine have announced the full lineup for Evolution Emerging 2012 - the North East’s biggest event for emerging music.
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Bad news for those trying to ignore the boastful ramblings of the lucky Brits in attendance at SXSW this year - The Gen’s little brother The Tipping Point was on hand to report from Austin, TX:
21st Mar 2012
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The BBC Performing Arts Fund went off the dial this week, announcing that it will award up to £450,000 in grants to the music sector this year. The charity is somewhat improbably funded through revenues raised from the voting hotlines of BBC One entertainment programmes and has already awarded almost £3.8 million in grants in the past 9 years.
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Record Store Day launched properly this week, with Orbital and PiL performing at a secret gig in an intimate east London basement and a full list of releases and participating stores announced.
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It's time for this month’s dose of digital drama, which takes a sci-fi twist with the news that the Pirate Bay are planning to launch “small airborne drones” that will keep their service alive as their founder prepares to spend four months under house arrest.
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As widely predicted, the European Commission look likely to conduct an in-depth investigation of Universal Music’s proposed purchase of EMI that could take up to three months. The EC has reportedly expressed ‘serious doubts’ over the impact that the sale could have on competition, especially in the digital domain.
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