These days, there are so many different variables when it comes to how to judge a record at Modern Rock. We have the new request line: Shazam. We still have sales, though I’m not sure for how much longer. And we have the new phenomenon of streaming. In terms of Spotify and such, we haven’t yet seen...
Revenue at Live Nation was up 23% to $2.2b for the three months that 6/30 ended while operating income spiked a whopping 76% in year to year comparisons. LN stock notched a 5% gain in after-hours trading, and Chief Michael Rapino dropped the mic.
Look for Spotify VP Content Steve Savoca to announce that he’ll be exiting the company at the end of August for a new adventure. Stay tuned for details. Before joining the company in 2011, the well-respected Savoca—one of the streamery’s first U.S. employees...
Allison Kaye has been upped from GM to President of Music at Scooter Braun’s SB Projects. Kaye, who, as before, will report “solely and directly” to Braun, will be primarily responsible for assisting with managing and operating the company’s music management business and other music-related businesses...
Buzzing rock/hip-hop supergroup Prophets of Rage have released “Prophets of Rage,” the first single from their forthcoming EP (due 8/19) via Caroline. The song, which was originally made available to stream only on the band’s website, is now at all major DSPs. Caroline co-GMs Jacqueline Saturn and Piero Giramonti donned their Che Guevara T-shirts to make the announcement...
Republic Records will release the all-Beatles covers soundtracks for Netflix’s animated series Beat Bugs in November. Featuring new recordings from Pink, Aloe Blacc, Sia, Eddie Vedder, Of Monsters and Men and others, the first volume of the soundtrack will be an Apple Music exclusive for streaming.
As we prepare to inflict our 30th Anniversary Special Issue upon the world, we've been reviewing our own history pretty closely (yes, we have strong stomachs). But it occurred to us that it might be instructive to look at the Music Industry Bible then and now. So let's compare some headlines from this time in 1986 and from Team Min's most recent issue.
Big Deal Music has tapped industry vet Steven Melrose as SVP A&R, based at the pubco's L.A. HQ. Like topper Kenny MacPherson, Melrose hails from Scotland; in addition to securing new songwriting talent, he'll be tasked with keeping the breakroom stocked with haggis.
This affecting new clip from Black Magnetic/Epic's A Great Big World reflects AGBW member Chad King's odyssey with MS. Diagnosed nine years ago, King defied the prognoses of his doctors, built his own health regimen and now feels better than ever; calling this lovely anthem his "mantra," King enlisted a group of people who've survived an array of challenges to appear in the clip. Check it out.
SAVOCA TO SPLIT
Spotify pioneer streaming into a new adventure. (7/28a)
CAROLINE HOPING TO PROFIT FROM RAGE
Presenting Donald Trump's least favorite band. (7/28a)
Teams Columbia and Red Light toast Ruth B. (7/28a)
ANNI ARCHIVES: HELL TO PAY
Remember Stryper? Bet they're still traumatized from this. (7/28a)
KAYE IS OK WITH SCOOTER
Alison...her aim is true. (7/28a)