Richie Sambora is selling the rights to his nearly 200-song catalog to song-acquisition investment company Hipgnosis Songs Fund, Hipgnosis announced on Monday. Financial details between the company and the former Bon Jovi guitarist weren’t specified, but given Merck Mercuriadis‘ reputation to overpay for his acquisitions and the number of hits …
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As the spread of COVID-19 isolates more and more Americans in their homes, many thought that they would be coping by streaming more music — and, in turn, helping to soften the inevitably catastrophic blow that the pandemic will have on the music industry. But that doesn’t seem to be …
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The Executive Committee of The Recording Academy — the organization that controls the Grammy Awards — issued a letter to members on Monday informing them of the termination of President/CEO Deborah Dugan‘s employment. Dugan was placed on administrative leave 10 days before the January 26th Grammys for allegations of misconduct. …
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The future of major label A&R may be rooted in intense parental instincts. “I’m obsessed with my artists,” Caroline “Baroline” Diaz, Interscope’s senior director of A&R says. “They’re like my kids.” While most A&Rs tend to take a cool-headed, hands-off approach to their artists, Diaz, a 24-year-old New York native, …
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Sony Music Entertainment and Sony/ATV — Sony’s recorded music and publishing divisions, respectively — will come together under one umbrella company next month, creating a structure in line with that of the other two major music companies. In an internal memo sent on Wednesday and reviewed by Rolling Stone, Sony …
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Spotify is no longer a music-streaming company. On Wednesday morning, the company announced a new playlist that combines music, news and podcast content for the first time and in one single personalized feed. The change effectively offers a leveled-up alternative to terrestrial radio and positions the Swedish streaming service as …
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