News ‘It’s going to be a long road for everybody to start seeing recovery in the live music industry.’ Promoters, agents and festival leads discuss the impact of coronavirus on the live industry and what a return to health might look like
News The UK’s Reading & Leeds Festivals canceled due to Coronavirus "We were hopeful we could deliver the ultimate festival to you in August, something to look forward to in these strange and confusing times".
News Apple Music launches $50m advance fund for independent labels hit by COVID-19 impact And MBW's sources suggest that Apple's global subscriber numbers continued to grow month-on-month in March
News Live Nation donates $5m to emergency COVID-19 fund for concert crews – and could donate another $5m Michael Rapino, CEO and President of Live Nation, and his family have personally donated $250,000 to the Crew Nation fund
News Drake isn’t scared of (releasing new music and making lots of streaming money during) Coronavirus lockdown Everybody, now, “right foot – up, left foot – slide; left foot – up, right foot – slide...”
Analysis Blog What the music industry must do to protect our own ‘at-risk’ population Matthew Smith of Royalty Exchange calls for faster payments – and more generous splits – for artists
News Sacem unveils $6.7m fund and advances on royalties to help its author, composer & publisher members during Coronavirus crisis Operational arrangements for the emergency fund will be active as soon as April 2, says Sacem
Analysis News The value of music: Hipgnosis’ share price is now HIGHER than it was pre-COVID-19 UK music rights company saw its market cap bounce 13% today in a vertiginous rise on London Stock Exchange
Analysis Blog Finding Gratitude and Purpose in Crisis: ‘I can’t control what’s happening in the outside world – what I can control is my mindset…’ 300 Entertainment CEO, Kevin Liles, on his enforced break from the office... and being a dad
News Emergency Coronavirus fund for songwriters worth up to $43m launched by GEMA in Germany The €40m aid fund will be provided by GEMA in a two-stage program, PRO confirms
News Songtradr sacrifices fees, giving 100% of sync money to artists, for a full month, in response to COVID-19 woes "Artists have supported us through our journey. Now it’s time for us to step up and support them in a big way."
News Live Nation shares bounce back as Liberty Media pays off $130m company loan News appears to have been interpreted positively by the markets
Analysis News Yes, global Spotify chart streams are down this week. No, that doesn’t mean Coronavirus is hurting the record industry. Worldwide streams in Spotify's Top 200 have fallen 11%. But that's no reason for labels to worry...
Analysis News Screw you, Coronavirus. At least music’s streaming business is still booming. How are music streaming services faring in a COVID-19-hit world?
News Live Nation share price plummets 13% after Glastonbury and Eurovision Coronavirus cancellations (UPDATE) Firm's market cap has fallen by over two-thirds in a month