The Korean Fair Trade Commission launches an on-site probe into Kakao Entertainment amid allegations of biased music distribution fees, following claims from industry insiders and K-pop agencies about preferential treatment towards subsidiary labels.
Music
Taylor Swift Leads UK Music Sales as the Market Reached a Record High of $2.976 Billion in 2024
UK music revenue surged to $2.9B (£2.4B) in 2024, marking a strong recovery driven by streaming and vinyl growth, but inflation-adjusted figures remain lower than 2001.
Empowering Musicians and Fans: How Wari Isaac's Probal Is Demolishing the Status Quo
Funding opportunities are also rare, hard to find, and insufficient to bring creative visions to life, especially since only a few large record labels dominate the industry and control the funding, leaving little room for newcomers to secure the resources needed to create and promote their work. Fortunately, Probal, co-founded and led by Wari Isaac and CTO Yonatan Cohen, provides a powerful solution for empowering artists.
UK’s Glastonbury Festival is Coming Up; Here’s Why it Matters
The Glastonbury Festival released an economic impact report for its 2023 season, revealing that it generated a total income of $212.5 million.
MTV Pulls Plug on News Website Archives A Year After Paramount Disbanded News Unit
The MTV News website has been completely expunged a year after Paramount Global dissolved MTV’s news unit, marking a sad day in music journalism.
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What's that one song, the one that can make you feel alive? That fills you with euphoria and expectation? What about that break-up song, the one that pulls at your heartstrings and makes you blink away the tears? The song that takes you back 20 years like it was only minutes ago. Music has that power. What would "Jaws," "Rocky," and "Dirty Dancing" be without the sounds that are nearly as important as the plot? Music and sound are everything in entertainment.
Spotify announced a price increase for its US premium plans to boost profitability and invest in new features, with individual plans rising from $10.99 to $11.99 monthly.
Sony wants to purchase Queen's music catalog. The electronics giant is willing to pay $1 billion to acquire it.
For many athletes and exercise enthusiasts, music isn't just something playing in the background—it's a vital ingredient for getting the most out of their workouts. While some prefer podcasts or the sounds of nature, others rely on the power of catchy tunes and motivational lyrics to keep them going during exercise.
Sherman Nealy can sue Flo Rida for a decade-old copyright violation if the US Supreme Court extends copyright damages.
Universal Music Group has denied allegations that it has intervened in the beef between Aubrey “Drake” Graham and Kendrick Lamar Duckworth, while also being under fire after Glass Lewis urged shareholders to revolt against a salary increase for its CEO, Lucian Grainge.
Musical instrument retailer Sam Ash announced it would be closing all of its stores by July 2024 after 100 years in the business.
Indonesia's beloved children's musical theater series, formerly known as "Pesta Sahabat," is set to make a grand comeback under a new moniker: "Swish." RTV, the broadcasting network behind the iconic show, has announced the relaunch, promising an exciting blend of entertainment and edutainment for young viewers across the nation.
After laying off thousands of employees, Spotify achieves record profits of over €1 billion ($1.1 billion), driven by podcasting, despite missing monthly user forecasts.
