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Creative Industries

US recorded music market shows signs of a slowdown in streaming’s growth, with total revenues up 3% to $17.7 billion in 2024

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United States' recorded music market continued to grow in 2024, but the growth rate has significantly slowed down, due to a rather stale music streaming market, according to figures released by the Recording Industry Association of America (RIAA). Streaming continued to account for the vast majority (84%) of recorded music revenues in 2024.
Paid streaming hit the 100 million subscriptions mark for the first time in history, but it only increased by three million paid users, or 3%, in 2024, while...

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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

ORCA report finds indie labels generate ‘tangible value and income for artists’

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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...

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Creative Industries

Atlantic Music Group promotes Dave Rocco to the new position of Chief Creative Officer

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Atlantic Music Group has elevated Dave Rocco to the newly created position of Chief Creative Officer at the Warner Music Group company. He joined the label in 2024 as President of Creative. He will continue to report to AMG Chairman and CEO Elliot Grainge.
In his new role, Rocco will "guide the creative strategy for the label group globally." Additionally, he will continue to lead the team that collaborates with the label’s roster of artists on all visual creative elements, including creative s...

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Creative Industries

Reservoir Media inks global publishing agreement with US band Say She She

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NASDAQ-listed independent music company Reservoir Media, has signed a global publishing deal with Brooklyn-based band Say She She, comprised of Nya Gazelle Brown, Sabrina Cunningham, and Piya Malik. The deal includes each member of the band’s catalogue, as well as future works.
Say She She, alongside the members of the funk band Orgone, combine elements of disco, soul, funk, pop, and more. The group’s debut album, 'Prism', which was released in 2022. Since then, the band released their second a...

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