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Indie music is on the rise and benefits from streaming

Independent record labels have a 38.4% share on the industry based on rights ownership, producing global revenue of $6 billion in 2016. That’s the top-line finding from the Worldwide Independent Network’s annual report on the financial state for indie music. Mark Mulligan of MIDiA Research authored the report, based on a survey of 660 labels and distributors. Continue Reading

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NY:LON Connect conference talks streaming prices, indie successes

Music Ally’s NY:LON Connect conference yesterday gathered experts and leaders from the music business to discuss some of the industry’s top topics. One session debated the prices for streaming music access and asked whether a lower monthly rate would help bring in more paying listeners. Another session focused on labels and how they can address the large share of media consumption given to video. This included a presentation by Charles Caldas, CEO of indie label network Merlin. Continue Reading

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Midem updates: A business keynote, TuneCore’s CEO, and an indie label report

Here’s a collection of some noteworthy developments emerging from Cannes, where the music industry has descended for the Midem conference. The opening keynote for the event gathered several industry leaders to talk about the future of the music business. TuneCore CEO Scott Ackerman also gave a talk and the Worldwide Independent Network released a report. Continue Reading