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Creative Industries

US recorded music market grew 9.2% to $12.2bn in 2020

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By Emmanuel LegrandDespite the Covid-19 pandemic, which affected the music industry significantly through tour cancellations, retail store closures, and other disruptions, recorded music revenues in the United States grew 9.2% in 2020 to $12.2 billion at estimated retail value, marking the fifth consecutive year of growth for the sector, according to figures released by the Recording Industry Association of America (RIAA). Revenues from recorded music measured at wholesale value grew 8.9% to $8....

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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

Bucks Music Group appoints Jen Moss as a Senior Sync executive in London

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British independent music publishing company Bucks Music Group has appointed Jen Moss as a Senior Sync executive. Based in London, she reports to Bucks’ Head of Sync Jonathan Tester.

Moss started her career in the sync department at Boosey & Hawkes before moving to Warner Music UK, where she set up an internal film music supervision department, At Bucks, she will be in charge of creative searches and licensing of the Bucks Music catalogue to film clients.

Commented Tester said: “W...

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Creative Industries

BMG acquires the recording catalogue of German band Fools Garden

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BMG has acquired the catalogue of recordings from German pop-rock band Fools Garden. Terms of the transaction was not disclosed.

The agreement includes the sound recordings of all of the band’s albums released between 1991 and 2003 including 'Fool’s Garden' (1991), 'Once In A Blue Moon' (1993), 'Dish Of The Day' (1995), 'Go And Ask Peggy For The Principal Thing' (1997), 'For Sale' (2000) and '25 Miles To Kissimmee' (2003)

“I'm thrilled that Fools Garden and our catalogue are now part of t...

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Creative Industries

Key figures — Week 45, 2022

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$5.9 billion

That's the total revenue for fiscal year 2022 posted by Warner Music Group, up 12% over the year before. OIBDA reached $1.1 billion, up 13% year-on-year. 

$511 million

That's how much Elton John's 'Farewell Yellow Brick Road' tour has grossed worldwide, according to trade magazine Pollstar. John played 164 shows with more than 3.6 million tickets sold. The tour ended with a three night sold-out series of concerts at Los Angeles' Dodger Stadium.

CAS$ ...

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