IMS Industry Insider

Pete Tong's Essential New Tune

Aviate

Yotto

Anjunadeep

tbc

Comment
[Danny Howard in for Pete Tong]: The guys from Anjunadeep rang me a few years ago to say "we've found this guy from Finland called Yotto. You're gonna like him." Two years later and here we are with this Essential New Tune. Myself and Pete have been playing his recent Coldplay remix but he also did a remix of Rufus earlier in the year which was incredible. We're big fans of his EP, Azzurro / Memento, so check this out.
This week’s Essential New Tune is featured in last week’s Friday show on BBC Radio 1. Listen again and forward to 32:50 mins here.

Contact
Label: Dom Donnelly/ Allan McGrath, Anjunadeep
Management: Dom Donnelly/ Adam Sellers, Involved Management
Publishing: Jarrod Bird, Involved Publishing
Radio: Gareth Jones, Anjunadeep
Online: Adam Sellers, Involved Management/ Matt Learmouth, Alchemy PR
Live: Dom Donnelly/ Adam Sellers, Involved Management

08 Apr 2016

Business

Kobalt’s revenues increased by 26% in 2015 to $245.1m. The company also recorded an operating loss of $24.5m and a loss after tax of $27.3m, up from $18.5m the previous year. (MBW, MusicAlly) It finished the 2015 financial year with $90m turnover in the three months to end of June. Publishing revenues stood at $194.18m last year, up 16.5%, whilst its neighbouring rights division turned a profit for the first time, recording $935,000 on revenues of $20.86m (+27%).
SFX Entertainment will lay off about 50 employees in New York in July. (Billboard)

News and Features

There are only two weeks left until the beginning of IMS’ calendar year, which lands in Los Angeles on April 21 at the W Hollywood Hotel. (IMS)
Ibizan tourism authorities have taken exception to Mike Posner’s track I Took A Pill In Ibiza, and have invited the singer to see what the island is really like away from the partying. (Mixmag)
Sydney's Lord Mayor Clover Moore has called for some exceptions to the city's much-contested lockout laws, in a submission to the official review of the laws. (DancingAstronaut)
Ticket outlet and event guide Skiddle has released a statement hitting back at a recent BBC article entitled Whatever happened to the Great British nightclub? (Accessaa)
Dubai is to get its first dance music conference this April 21-22, courtesy of events and management company Blue Leaf. (IQ)
At this year’s JUNO Awards, Dim Mak trio Keys N Krates beat out Diplo & Sleepy Tom, Borgeous & Lights, and A-Trak for Dance Recording of the Year with their Katy B-assisted single, Save Me. For Electronic Album of the Year, Vancouver-based future soul standout Pomo came out victorious with his debut LP, The Other Day. (DancingAstronaut)
Music sales in Italy were up for a third consecutive year in 2015. Recorded music sales in 2015 totalled €148m, up 21% on 2014’s figure of €122m. Physical sales totalled €88m (59% of the market), up 17% from €75m the previous year. Digital now accounts for 41% of the market totalling €60m. (RotD, Billboard)

Digital

Samsung has announced it will retire Milk Music in Australia just over a year after its launch. (Billboard)
How Spotify plans to use data to unlock the power of 'superfan'. (Business Insider)
Apple has been granted a patent for a technology that can automatically scan streamed songs and edit out offending lyrics. (Business Insider)
Bkstg, a new app aiming to connect artists with their fans, has launched with artists such as Aerosmith, Justin Bieber and Maroon 5 onboard. (TechCrunch)
New app Brapp aims to help rappers, DJs and producers by allowing producers to upload songs so that vocalists on the network can record over their tracks. (Telegraph)
Pioneer DJ has announced the result of a collaboration with synth pioneer Dave Smith: the Toraiz SP-16,a hardware sampler that also syncs with DJ hardware.(Mixmag)

Live

San Francisco’s most popular music festival Outside Lands returns to Golden Gate Park for three days of music, with LCD Soundsytem announced as one of the headliners as well as slots for Major Lazer, Zedd and Big Grams confirmed. (DancingAstronaut)
London’s Lovebox Festival has added a second wave of names including: Denzel Curry and Darq E Freaker, Heidi, George FitzGerald, Toddla T and Shy FX. (Fact)
Electric Island Festival (EIF) in Guam has revealed its 2016 program, including: Donald Glaude, Dusty Kid, Trent Cantrelle, Silky, Shinichi Osawa, DJ Cookie and many more. (XLR8R)
Dubai has announced an all-new techno festival, Slam Fest, set for summer 2017. (Pulse)
Imagine Music Festival in Atlanta has announced that it's transitioning into a full-fledge camping festival. (EDM.com)
Diynamic Music has announced details of a three-part ten-year anniversary party in Berlin. (RA)
Australian festival Stereosonic cancels 2016 edition but says it will return in 2017. (RA)
Pasquale Rotella, the founder of Insomniac Events, has announced that Insomniac will be cancelling EDC Puerto Rico and Beyond Wonderland, as well as postponing EDC Japan's originally scheduled July date. (Mixmag)

Comment, Opinion and Analysis

What do the vinyl charts mean, anyway? (Clash)
What's Spotify going to do with that billion dollars? Maybe nothing. (Billboard)
Does music television have a future? It may now… Thanks to XITE. (EDM.com)
What Spotify's debt means for artists and labels. (Hypebot)
Is music streaming killing off the creative musician? (EDM.com - Devin Culham)
As Spotify, SoundCloud and Apple Music raise the bar, here’s how YouTube can stay the course. (Cuepoint - Cortney Harding)
Credit Suisse expects revenue from paid streaming services to grow nearly six times from 2015 to 2020. (BusinessInsider)
A report by the EU’s Intellectual Property Office (EUIPO) suggests 25% of 15-24 year-olds in the European Union have intentionally used illegal sources to get digital content in the last year, while 13% have done so unintentionally. (Euipo)
Why getting paid in the music industry is so complicated, and how it can be better. (Billboard - David Balto)
What’s happening at Beatport after the SFX bankruptcy. (CDM)
SoundCloud shafts its most important people, the musicians that provide great original content and the fans who listen to it, in favour of paying the labels, argues Neal Rahman. (Magnetic Mag)

Clubs

Brooklyn's Verboten nightclub that was shut down last week for "nonpayment of taxes" has reportedly reopened after filing for bankruptcy. (Billboard) Club owner Jen Schiffer has now allegedly been arrested for writing $31,000 in fraudulent checks. (Pulse)
Sankeys has announced it will open a new 500-capacity venue in Tokyo on April 23. The party brand already has clubs in Manchester and Ibiza, and is planning to open a New York spot later this year. (Mixmag)

Deals

Martin Garrix has extended his exclusive worldwide publishing deal with Universal Music Publishing Group. (RotD)

Artist and Music Features

Freaky formats: The odd-sized records you never knew existed. (VinylFactory)
Harangue The DJ: Honey Dijon. (Saturday Guardian)
Phonica Mix Series 23: Marc Schneider (Phonica)
The Importance of Being Earnest: Celebrating the godlike genius of Mike Francis. (Thump)
Soulwax’s new album, the soundtrack to Sundance hit film Belgica, features 16 songs but none of the artists featured actually exist. (Guardian2 - Dorian Lynskey)
Why Avicii is the Bob Dylan of EDM. (Thump)
Meet Fader’s Naomi Zeichner, Editor in Chief of music’s most important magazine. (ReCode)
Popping the drop: A timeline of how EDM’s bubble burst. (Pitchfork)
With a new album and chapter in his life, Kaytranada is giving all of himself for the first time. (Fader)
A report from Mexico, where pioneering female producers, culture-mashing crews, and utopian vegan festivals are setting the underground dance scene alight. (Pitchfork)
How the scene in the Romanian capital has responded to the deaths of 64 people in last year's tragedy at Colectiv. (ElectronicBeats)
Hyperdub artist Dean Blunt gives a rare interview, chatting to the Microphone Check podcast about creativity, hip-hop and race. (NPR)
Interview: UK house and techno legend Colin McBean aka Mr. G. (Hyponik)
The Field on the modular synth obsessions that drive The Follower. (Fact)
The Livity Sound producer Kowton talks through his journey so far: from teen quarry raves to Bristol’s rich bass scene. (RBMA)
Eats Everything: From dining with dead celebs to eating cacti on acid and Carl Cox closing. (Pulse)
Hey Mr Dance Producer, the words are important too! by Steve Angello. (Q)
Fast and furious: Why Avicii had to retire. (Mixmag - Marcus Dowling)

Artist News

Jeff Mills is launching an audiophile offshoot of his label Axis Records to put out records “mastered for high-fidelity sounds” on 180 gram virgin vinyl at 32-bit/48kHz. (Fact)
Ital has announced the release of a new compilation EP for his Lovers Rock imprint titled Lovers Rock #6, due out in May. (Mixmag)
Veteran producer Mike Dred – who recorded as Universal Indicator (with Aphex Twin) and The Kosmik Kommando – has uploaded 28 ripped cassettes, recorded between 1988 and 1994, to Google Drive. (Fact)
UK producer, Lone, shared a new nostalgic roller this week on London imprint R&S Records. In order to hear it, you had to call a UK phone number which acted as a fictional pirate radio station called Levitation FM. (Thump)
Craig Richards has shared details of his latest endeavour —a new 7” singles label called Tuppence, for which the first release comes from electro specialist Keith Tenniswood (a.k.a. Radioactive Man). (XLR8R)
Deadmau5 sues vape company deadmodz for trademark infringement. (Hollywood Reporter)
3LAU launches charity label BLUME, aims to raise $100K in 2016. (Billboard)

Albums

Larry Levan (FT - 4* Ludovic Hunter-Tilney)

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