true IMS Industry Insider | Welcome
02 Nov 2018
Business
  • Sony Music Entertainment’s global revenue forecast for 2018 has been revised by a higher 8% by Sony Corp, partly due to its now-approved purchase of EMI Music Publishing. (Billboard) 
  • The European Commission has approved Sony Corp's plan to become the sole owner of EMI Music Publishing through its agreement to acquire the shares of Mubadala Investment Company and its consortium partners. (Billboard) 
  • Live Nation has reported its best quarter ever across all divisions - concerts, sponsorship and ticketing - with revenues of $3.8 billion - an increase of 11% compared to Q3 2017. The company is on track to post another record breaking year as so far 2018 has seen an 8% increase in attendance, an 11% uplift in revenue and 24% increase in operating income. (Billboard)
  • Volatility in global markets has stripped out about $10bn of Spotify’s market cap in the space of three months. (IO) 
  • Spotify ended September with 191m monthly active users, up 6% on Q2 and 28% on Q3 2017. That figure includes 87m paying subscribers, up 5% on Q2 and 40% on Q3 2017. However, this new number of paying subscribers represents a slowdown in growth velocity. Spotify saw an average addition rate of 1.33m subscribers per month in the last quarter, compared to a rate of 2.67m a month in Q2. The company generated revenues of €1.35bn, up 31% year on year, with an operating loss of €6m, a 92% improvement on a year ago. (Techcrunch) Of that revenue, €1.21bn came from premium subscribers;ad-supported revenue totalled approximately €140m. 
  • Lyor Cohen has warned that Article 13 will have 'severe unintended consequences' for the music industry. (MBW)
News and Features
  • Bok Bok, Hannah Wants and Mr. Mitch confirmed for Rinse FM residencies. (Mixmag) 
  • Ocean Beach Ibiza has announced plans to become 'O Beach Ibiza' as the brand prepares to expand globally to other party territories including Dubai and Croatia. (TheWhiteIsle)
  • Presented by Somerset House Studios, ASSEMBLY is a new five-day event celebrating experimental and contemporary sounds in electronic music is heading to London this November. (Mixmag) 
  • Ultra to relaunch Miami Winter Music Conference next year. The event will welcome professionals alongside consumers with an interest in production, DJing, management, tech, dance and club culture. (DJ Mag)
  • Data and personal information of 64,000 attendees of Tomorrowland's 2014 festival has been stolen in a recent online hack. (DJ Mag) 
  • IMS Ibiza returns for its annual three-day educational, inspirational and motivational thought-leadership forum next year. The 12th edition will take place between 22 May and 24 May 2019. (DT)
Digital
  • IK Multimedia UNO synth review: A contender for the budget synth crown. (Fact) 
  • The winners of DJ Tech Awards have been announced with Pioneer winning five awards for their equipment. (DJ Mag) 
  • Facebook is building Lasso, a standalone product where users can record and share videos of themselves lip syncing or dancing to popular songs. (TechCrunch)
  • Following SoundCloud's announcement earlier this month it was expanding its Premier direct-monetisation programme to a broader swath of users, it has now updated contract terms that outraged some creators. (Billboard)
Live
  • A classical reworking of some the biggest Nineties dance tracks will tour the UK next year. The Annual Classical, inspired by Ministry of Sound's The Annual, will see a 50-piece orchestra visit six cities across the UK, playing their own renditions of iconic anthems from the likes of Fatboy Slim, the Chemical Brothers and Dario G. (Standard)
  • Andy C, Black Madonna and Solardo are among the first acts for We Are FSTVL next May. (DT)
  • Jon Hopkins and Alexis Taylor to headline a new show in London this November in aid of charity War Child. (Mixmag) 
  • London to get new 'multi-sensory' festival, Re-Textured, in 2019. (RA) 
  • Richie Hawtin, Shanti Celeste, Bicep, Peach and Adam Beyer are among the acts heading to West London next June for Junction 2 festival. (RA)
  • Crazy P Soundsystem, Danny Howard, Rudimental and Riton headline Snowboxx festival next year. (Pulse)
  • Mall Grab, Moxie and George Fitzgerald added to the Snowbombing line-up. (Mixmag)
Comment, Opinion and Analysis
  • 10 key takeaways from ADE 2018. (Electronic Beats) 
  • These five startups prove being a DJ has never been easier. (NextWeb)
  • The global live music industry will continue to grow steadily over the next four years, with music streaming and esports also booming, according to the latest PwC Outlook. (IQ)
  • The Music Modernization Act was a great victory for creators and rights-holders, but it should be just the first step, argues SoundExchange president/CEO Michael Huppe. (Variety) 
  • The other playlists: How behaviour shapes songs (AWAL)
  • The mythical power of streaming playlists: is it more hype than substance? (MBW)
  • Is AI-generated music worth anything? (Cherie Hu)
  • Soundcloud: Always read the contract, always read the fine print. (David Turner)
Clubs
  • B. Traits announces line-up for her "multi-sensory" event at Hackney's EartH. (Mixmag) 
  • Ministry Of Sound have confirmed their forthcoming autumn/winter schedule featuring Benny Benassi, Deadmau5, Afrojack and more. (Inflyte) 
  • Tiësto, Zedd, Alison Wonderland and Dillon Francis to play Countdown NYE at NOS Events Center in California. (EDM)
Deals
  • The Corida Group, the live music arm of the Because Group and one of the largest independent promoters in France, has acquired a 50% stake in music promoter Super!. (RotD)
  • RCA has signed Dutch house DJ Oliver Heldens. (Billboard)
  • Astralwerks have signed a partnership deal with Twitch star Ninja – in a bid to get its artists massive exposure amongst the video gaming community. (MBW)
Artist and Music Features
  • 20 Questions: Ouri. (XLR8R)
  • My Music Influences by Saytek. (DT)
  • Q&A: Scuba (EDM)
  • East End Dubs: A rare interview. (Ibiza Voice) 
  • November: Six artists you need to check out this month. (Mixmag) 
  • Cheeky Bubblers: Six acts you need to hear this October. (DJ Mag)
  • Billboard Dance's ones to watch: October 2018 (Billboard)
  • Real Talk: Laurent Garnier (XLR8R)
  • Get to know Qrion, the artist bringing soulful samples to digital-age sounds. (Mixmag)
  • Bruce talks about sonic evolution, versatility, and his debut LP on Hessle Audio. (DJ Mag)
  • The Prodigy's Liam Howlett talks No Tourists, U.S. dates and hitting their 'Old School' sound. (Billboard) 
  • 10 best tracks and moments of Ibiza 2018. (Mixmag) 
  • Gothenburg's Way Out West festival is keeping the city raving through tough challenges. (Mixmag)
  • Growlers: The dance world according to Pig&Dan. (Billboard) 
  • A special report from ADE 2018. (iDJ)
  • Apple’s new MacBook Air, Mac mini and iPad Pro are a mixed bag for musicians. (Fact) 
  • Farewell Store Street: 7 DJs tell Mixmag their favourite Warehouse Project memories. (Mixmag)
  • Archie B talks Audio Rehab, 2019 plans and his dream label. (Inflyte)
  • Jeff Mills explains the appeal of his live techno outfit Spiral Deluxe. (Electronic Beats) 
  • Watch Nina Kraviz lay down nearly two hours of avant garde techno at the top of the Eiffel Tower. [video] (Cercle) 
  • Paul van Dyk talks about the new home of trance on Ibiza. [video] (Ibiza Spotlight) 
  • Rüfüs Du Sol wants to change the way you think about electronic music. (Time) 
  • Paul Oakenfold talks ADE, Dreamstate, Perfecto and more. (EDM Identity)
Artist News
  • Four Tet to bring his immersive live show to London’s Alexandra Palace on 9th May 2019. (DJ Mag)
  • Tiesto samples Marvin Gaye on his new track, Grapevine. (Billboard) 
  • Massive Attack announce 'Mezzanine' 21st Anniversary tour for early next year and will feature Cocteau Twins' Elisabeth Fraser. (DJ Mag) 
  • Powder launches new label, Thinner Groove. (RA) 
  • Swedish House Mafia will play three consecutive arena shows in Stockholm next year, starting on 2 May 2019. (DJ Mag) 
  • Bakermat has released new single Partystarter. (DT)
  • Erol Alkan has announced he is putting out his first solo material in five years. (RA)
  • Talks are underway to release of a posthumous album of unheard music from Avicii, his close friend and collaborator Aloe Blacc has confirmed. (Mixmag)
Recent newsletters

19 Nov 2024

After Five - Luke Alessi
"This has been a huge summer track ID and has finally dropped on DJ Tennessee's Life and Death label. It...

12 Nov 2024

Guessing Game (Kasango Remix) - TMPLE
"This week's ENT goes to a track that is getting props from Black Coffee. It comes from TMPLE, a duo...

05 Nov 2024

Kidz - Arodes
"It comes from a Spanish producer who spends his summers in Ibiza and winters in Miami. He's been on a...

29 Oct 2024

Arachnids - Disclosure
"After the summer anthem of 'She's Gone, Dance On' and the Chris Lake club collaboration 'in2minds', the Disclosure brothers strip...

22 Oct 2024

Now It's Gone - In Parallel
"It comes from In Parallel and a record we previewed on last week's show. George from the duo initially found...

15 Oct 2024

Neverender - Rampa remix - Justice, Keinemusik, Rampa & Tame Impala
"I previewed it on last week's show and it's been released as part of Justice's Neverender remixes EP. If you...

About IMS

IMS: International Music Summit is a global educational and motivational thought-leadership platform dedicated to the continued development of electronic music primarily through the presentation of global summits for the industry. 

About Beatport

Beatport is the worldwide home of music for DJs, producers, and their fans. Founded in 2004, the Beatport family of companies includes Beatport, the preeminent store for electronic music DJs, Beatsource for the open-format DJ community, and Loopmasters, Loopcloud and Plugin Boutique for music producers. Follow us on Twitch, Facebook and Twitter, and Instagram.

About AFEM

AFEM: A global voice for electronic music; representing our culture and commerce. AFEM's membership spans all industry sectors, with over 250 company members across 25 countries, the organisation connects its worldwide membership to develop opportunities and enable change.

About ROTD

Record of the Day has produced a subscription-based daily publication for the music industry for over 21 years, featuring all the best news and comment, along with an editorially-chosen future hit. Sign up for a free trial here.
Submit your news stories here.
About Industry Insider | Get in contact | Privacy policy | Terms and conditions
Brought to you by: www.recordoftheday.com