Sony’s Legacy label staffs for streaming

As the latest research will confirm, streaming is the dominating force for music industry revenue. That shift has led to changes in how labels and music companies dedicate their resources. Sony’s Legacy label is the latest to embark on its own digital transition. Legacy focuses on the catalog business, which includes digital remastering old recordings and producing other reissues. Continue Reading

James Cridland’s Future of Radio: BBC’s switchover plans that aren’t; and the right way to deal with iHeart’s bankruptcy

by James Cridland

James Cridland’s Future of Radio is a column by the Australia-based radio futurologist. THIS WEEK: Digging into the BBC’s digital switchover plans and lack thereof, plus much more in radio and audio news. Continue Reading

1

RIAA 2017: Streaming leaps to 65% share of U.S. music revenue, dominated by subscriptions

Streaming grabbed control of nearly two-thirds of music industry revenue in 2017. It’s another year of impressive financial results that proves the digital shift in listening still has not hit its peak. The annual report from the RIAA found that subscription streaming income helped drive the industry to another year of growth. It was the first time since 1999 that the sector saw two consecutive years of material growth. Continue Reading