Daniel Adrian Sanchez

FUGA’s Dealmaking Frenzy Continues With a Songspace Acquisition

July 31, 2019

FUGA CEO Pieter van Rijn Late last year, digital distribution company FUGA unveiled a new deal with an eSports giant. Expanding its business, Riot Games signed a deal with the distributor to handle its music... Read More...

Sony Music's Q1 2019 — $1.02 Billion in Recorded Music Revenue and $348.5 Million in Operating Income

Streaming Saves: Sony Music’s Q1 Recorded Music Revenue Jumps 11.5% to $1.02 Billion

Daniel Sanchez

July 30, 2019

Sony Music Entertainment, one of the world's largest music labels, recently published its financial report for the Q1 of the fiscal year 2019. This report is an important indicator of the company's health and... Read More...

Despite a Plunge In Pandora Listeners, SiriusXM Quarterly Revenues Hit a Record $2 Billion

Daniel Sanchez

July 30, 2019

SiriusXM has published its earnings report for the second fiscal quarter of 2019. The figures include a small bump on Sirius subs, and a sharp drop in monthly average users at Pandora. In the first quarter ... Read More...

Rogers & Cowan and PNK-BMC Announce Merger

Rogers & Cowan and PMK-BMC Officially Merge; Superstar Musical Clientele Combined

Daniel Sanchez

July 30, 2019

Two powerhouse marketing and PR agencies have unveiled a substantial merger. PMK*BNC and Rogers & Cowan will now operate as a single entity. The combined company – still unnamed – will manage over 500... Read More...

Tool's Catalog Will Finally Drop on Music Streaming, Along with New Album in August

Tool’s Catalog Is Finally Arriving on Streaming Music Services — Along With a New Album in August

Daniel Sanchez

July 30, 2019

Los Angeles rock band Tool has finally relented on their sharp criticism of music streaming services. In a surprise post on Instagram, the band calmly told their 155,000+ followers, “This Friday, Aug 2nd, t... Read More...

With the Event Now Free, Woodstock 50 Aims to ‘Guilt’ Headliners Into Performing

Daniel Sanchez

July 29, 2019

Is Woodstock 50 going to the crazy place? First, after indefinitely delaying ticket sales, the festival’s financial backer officially declared the event canceled. Then, after losing its producer and changin... Read More...

Streaming Now Makes Up Over 63% of France's Recorded Music Revenue

63% of France’s Recorded Music Revenues Come from Streaming

Daniel Sanchez

July 29, 2019

French music industry trade group SNEP has published its mid-year 2019 report. Earlier this year, the National Syndicate of Phonographic Publishing (SNEP) revealed that digital revenue accounted for 57% of t... Read More...

Big Hit Entertainment Acquires GFriend’s Talent Agency, Source Music

Daniel Sanchez

July 29, 2019

BTS powerhouse Big Hit Entertainment has been on a roll. Last October, K-Pop boy band phenomenon BTS re-negotiated a long-term deal with the Korean entertainment agency. The newly-extended seven-year contra... Read More...

Following Years of Litigation, Cash Money Records Finally Settles Lawsuit with Aspire Music Group Over Unpaid Drake Royalties

Daniel Sanchez

July 29, 2019

Several years ago, Aspire Music Group filed a lawsuit against Cash Money Records and Universal Music Group (UMG). The first label claimed it had signed Drake to a contract in 2008. Aspire was co-founded by ... Read More...

Rapper Belly Files Lawsuit Against Coachella a Year After Security Guards' Unprovoked, Brutal Attack

Rapper Belly Files Lawsuit Against Coachella a Year After Unprovoked, Brutal Attack by Security Guards

Daniel Sanchez

July 26, 2019

Two years ago, Ahmad Balshe – better known as Belly – suffered a major incident at Coachella. On April 20th, 2018, 25 unnamed security guards brutally attacked the rapper backstage. Balshe had attempted to ... Read More...

Pan European Collecting Societies Agree on Standards for Digital Royalty Processes

SiriusXM and Pandora Radio Unveil ‘Creative Partnership’ With Drake

Daniel Sanchez

July 26, 2019

Strengthening Pandora Radio, parent company SiriusXM has unveiled a new partnership. SiriusXM and Pandora Radio have established a “creative partnership” with Drake. The move – described as an “extensive ... Read More...

Pan European Collecting Societies Agree on Standards for Digital Royalty Processes

Daniel Sanchez

July 26, 2019

A large group of European collecting societies, music publishers, and rights agencies have unveiled a functional digital royalty processing working group. The Technical Online Working Group Europe – or TOWGE... Read More...

Author Daniel Sanchez