A report based on data from nine prominent independent labels found that independent recorded music companies generate "tangible value and income for artists through long-term partnerships and investment." In 2023, the participating labels generated $239 million in revenue, with 33.5% ($79.9m) distributed to artists. That investment supported the careers of 569 artists across genres and geographies.
The report, 'The Economic and Social Impact of Independent Record Labels', commissioned by global...

Dutch independent music company Armada Music has acquired the rights to the entire recording catalogue of British singer, songwriter, and DJ Sonique. Terms of the agreement were not disclosed.
Armada Music said the acquisition paves the way "for a new era of growth and exposure for her timeless music," and will "amplify the legacy of Sonique’s iconic catalogue, bringing her defining records to the forefront through high-impact re-issues and fresh remixes from some of electronic music’s most infl...

Sony Music Publishing has promoted Jeff Smarr to the position of Senior Vice President, Global Copyright, effective immediately. Based in Nashville, he will continue to report to EVP, Worldwide Administration, Dale Esworthy.
In this elevated position, Smarr will take on "a greater role across strategic initiatives and high-profile deal and acquisition integrations" while continuing to oversee SMP’s Global and North American Copyright Administration teams. Smarr has been for 31 years with the co...