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BPI: Record labels’ margin  on a 9.99 music streaming subscription is 0.51 with artists receiving 1.331

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By Emmanuel LegrandAs a preamble to the hearings of the CEOs of the three British major record companies by House of Commons' Digital, Culture, Media and Sport (DCMS) committee, trade body the BPI issued a report suggesting that "music streaming is helping thousands of artists to hit major sales milestones in the UK and its global reach is amplifying artist success." According to BPI data, around 1,800 artists achieved more than 10 million streams in the UK alone in the past 12 months. For the ...

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Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

Creative Industries

BBC “suspends” the decision to shut down its professional choir BBC Singers

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The BBC has announced that it will "suspend" the decision to shut down the BBC Singers, the public broadcaster's full-time professional chamber choir.

The BBC's decision — triggered by a need to cut costs — drew widespread criticism, including from the UK's most prominent music publishing houses —Faber Music, Boosey & Hawkes and Wise Music Group. The move was also met negatively by the public as 140,000 people signed a petition urging the BBC to reverse its decision.

The BBC ...

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Creative Industries

Warner Music Czech Republic invests in local hip-hop label Mike Roft

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Warner Music Czech Republic has renewed its partnership and invested in local hip-hop label Mike Roft, the company set up by Czech artists Calin and D-Kop, and video director and graphic designer Radim Zboril, who will remain investors in the venture and will continue to manage it as an independent label.

The new deal will see Warner Music become the sole distributor for all of Mike Roft’s roster, which includes Calin. Founded in 2018, Mike Roft has developed "a core roster of six culturall...

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Creative Industries

Marathon Artists and Transgressive Publishing sign punk band HotWax

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London-based music companies Marathon Artists and Transgressive Publishing have signed British punk band HotWax to, respectively, a recording agreement and a global music publishing deal.

The three-piece band — Tallulah, Lola and Alfie — will be releasing the EP ‘A Thousand Times’ in May 2023. ’Treasure’ is the first single lifted from the EP. The band are managed by Clare Britt and Mairead Hayden of Rip It Up. Their team also includes WME Agency (Live), Satellite 414 (Press) and Plugged In ...

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