IMS Industry Insider

Pete Tong's Essential New Tune

Deep End

John Summit

Defected Records

out now

Comment
"Now some weeks they are brand new, some weeks they are world exclusives and some weeks we just have to lean back a few weeks and acknowledge a track that will still be around at the end of the year. We think that's very much the case for this one. A young guy from the US, East Coast, that is really making a name for himself over the past couple of months. He has dropped some Friday fire and is currently sitting at the number one spot on the Beatport chart. It's Deep End on Defected by John Summit."
This week's featured Essential New Tune was featured in last week’s Friday show on BBC Radio 1. Listen again and forward to 31.05 here.

Contact
Label: Defected Records
Management: Holt Harmon
Publishing: Defected Records
Radio & Club: Scarlett Pares Landells, Defected & Jay Ahmed, Your Army
Online: Scarlett Pares Landells, Defected
Live: Holt Harmon

17 Jul 2020

Business

Sony has bought about a 1.4% stake in US-based Epic Games, the company behind Fortnite for $250m. (Verge) An analyst said that is a sign that the company hopes to push more of its music, movies and other content into the Fortnite world.

News and Features

A programmed exhibition, Electronic: From Kraftwerk to The Chemical Brothers, about the history of electronic music is opening at London’s Design Museum on 31 July. (DJ Mag)
Rinse FM and Seoul Community Radio announce monthly resident swap, starting this month. (RA)
Live Nation CEO Michael Rapino posted an open letter to employees across the world promising greater diversity in the years to come, along with a $10m investment to “focus on developing, promoting and hiring Black and underrepresented talent.” It promised to double the number of black executives it employs by 2025. (Variety)

Digital

Spotify has launched in Russia. (Spotify) It has also launched in Albania, Belarus, Bosnia & Herzegovina, Croatia, Kazakhstan, Kosovo, Moldova, Montenegro, North Macedonia, Serbia, Slovenia and Ukraine.
Facebook is preparing to launch officially licensed music videos on its social network in the US next month. (TechCrunch) By enabling a new setting, artists are giving Facebook permission to add music videos to their Page, where they can be discovered by fans on the Page’s Videos tab.
Shazam published its mid-year insights for the UK. (RotD) SAINt JHN’s 'Roses (Imanbek Remix)' is the most-Shazamed song and longest-running Shazam No.1.
SoundCloud is teaming up with Dolby for a new feature that allows creators to master their songs without leaving their accounts on the streaming platform. (Soundcloud)
Beatport celebrates the launch of it's new Organic House category with a 12-hour stream ReConnect Livestream today (17 July). (Beatport)

Live

A Covid Nightlife Guide has been published online for small New York nightlife venues by Morgan Deane of 508 Events. (DJ Mag)
Vietnam's EPIZODE festival has confirmed it is hosting an edition at the end of this year, from December 29th to January 10th, 2021. (RA)
The BPM Festival will host an edition in Malta for the first time this on 11-13 September. (RA)
Paul Van Dyk, ATB, Swanky Tunes and more set to perform at GEM Fest in Greece next month. (EDMLI)
Rave Family Blockfest has announced second postponement: 'It’s not fair to deliver a subpar experience' (Billboard)
Electric Zoo festival in New York has been cancelled this September due to COVID-19. (OneEDM)
The organisers of Exit Festival, one of the last major events of 2020 still standing, have announced the event will not go ahead this year, amid a deterioration of the public health situation in Serbia. (IQ)
Burning Man will host a virtual conference on environmental sustainability today (17 July). (DJ Mag)

News Update from AFEM
(Association for Electronic Music)

AFEM Membership: New AFEM members include - ACRCloud, Apex Talent Group LLC, The Collective Studio Publishing. Please contact membership@afemorg.net if you would like to know more about joining. (AFEM)
Electronic Music COVID-19 Initial Response - Guiding Principles For The Live Sector: coordinated by Association For Electronic Music (AFEM) and Independent Electronic Forum (IEF), this community-sourced, values-driven report was created to help support the actions and decision-making of all parties involved in our deeply interconnected live sector when dealing with the impact of the COVID-19 crisis. (Read here)
AFEM Industry Insider Podcast Series: introducing the first in a series of podcasts from the Association For Electronic Music (AFEM). Episode 1 - How Coronavirus Is Reshaping Electronic Music - discusses how industry professionals and businesses have handled the problems and also the opportunities presented by the current world pandemic. (Listen here).

Comment, Opinion and Analysis

How the DNA of a hit has changed over 20 years. (Midia)
Do musicians want a tip jar? (David Turner)
How music professionals use data to pitch artists. (Julie Knibbe)
Problems with cash flow, lack of government support, renegotiating contracts and sponsorship for 2021 were among topics discussed in the latest IQ Focus session.
Festivals around the world are set to collectively lose almost $17bn due to the Covid-19 pandemic, according to a new report. (IQ)
Midyear analysis of the US market shows 361m album audio consumption units, up 9.4% on H1 2019. Albums sales fell 18.1% to 45.5m. Within that, CD sales fell 30.2%, while digital album downloads declined 14.3%. Market share by distributor ownership put Universal Music Group on 38.16%, Sony Music on 25.63% and Warner Music Group on 19.80%. (Billboard)
How Covid-19 has affected the global dance music industry and 15 other key points from the 2020 IMS Business Report. (Billboard, RotD) Among the points were: Pre Covid-19, the electronic music industry rebounded in 2019, reversing recent falls to grow by 2% to $7.3bn; Dance/Electronic clubs and festivals could lose roughly 75% of their income in 2020, equivalent to roughly $3.3bn; DJ and artist income could fall from $1.1bn in 2019 to $0.4bn in 2020 as a result of Covid-19, a drop of 61%; The value of the Electronic Music industry could fall by over $4bn (56%) in 2020 as a result of Covid-19.
Funds with portfolios of a diverse range of songs are seeing a boost during the pandemic lockdown. (Bloomberg) “There’s no question that our pipeline, which was already pretty massive, has grown during the course of the pandemic,” says Hipgnosis Songs CEO Merck Mercuriadis. “A lot of artists are going to not be able to tour for the next couple of years.”

Tech

Native Instruments have released a new Community Drive sound pack with over 200 loops and one-shots from artists including SIA, Junkie XL, Laurel Halo and more. (DJ Mag)

Clubs

Ibiza institutions Café Mambo and Café del Mar have opened up today (17 July). (IbizaSpotlight)

Deals

Hipgnosis Songs Fund has acquired 100% of producer and songwriter RedOne’s songs and recorded music interests including copyright, writer royalties and producer royalties in a catalogue comprising 337 songs. (RotD)

Streams & Podcasts

DT703 – Ben Remember (DT)
RA.736 Powell (RA)
Fact Mix 766: Elkka (Fact)
Magnetic Mix 106: 00970 (Magnetic)
Skantia Choice Mix (RedBull)
Lauren Lo Sung Choice Mix (RedBull)
Deborah De Luca, Vele Di Scampia (Mixmag)

Artist and Music Features

5 Facts, 5 Tracks: Chenai (DT)
Get Familiar: Nihiloxica (XLR8R)
Renegade Riddims: Inner Terrain (DT)
Fed up of getting the same tunes streamed on Spotify? Here’s how to train Spotify to generate new music that’s to your taste. (Forbes)
A quarter of a century ago today, the MP3 was born. Eamonn Forde argues that this, not the invention of vinyl, was the most revolutionary format in musical history. (Quietus)
Disco al fresco: The rise of socially distanced clubbing in London. (Standard)
How IsBurning helped shape Amsterdam’s queer party scene. (beatportal)
Less is more: the beginner's guide to minimal dance music. (MusicRadar)
OM Records label manager/partner Gunnar Hissam talks about putting together Om's 25 year compilation and the constantly evolving music business. (Magnetic)
Líndí Delíght from Masks For Music talks about her initiative providing masks to help keep the music industry afloat amid the COVID-19 pandemic. (GlobalnNews)
Camo & Krooked on their revolutionary Red Bull symphonic performance and album. (EDM)
DJ Disciple: The Wild Pitch years (iDJ)
Per Hammar’s Soviet analogue drum machine, the Formanta UDS. (beatportal)
DJ Orawan is leading Bangkok’s drum 'n' bass awakening. (Mixmag)
Introducing: Eli Brown, Bristol’s unstoppable mystery producer. (beatportal)
Artist R.O.S.H. has written a systematic breakdown of structural racism, classism and bias in UK dance/electronic press.
Understanding Club Music: 5 Sub-Genres you need to know (TheManual)
Cinthie: “Just because we can’t dance, it doesn’t mean the music is canceled” (beatportal)
20 questions with Nicky Romero. (Billboard)

Artist News

Floorplan's Lyric Hood announces new 12-inch, Everything/Social Distance, on M-Plant. (RA)
Dro Carey announces new album, Nothing Is A Solo Project. (RA)
Noise duo Yellow Swans are uploading their discography to Bandcamp. (RA)
Drum & bass artist DJ Krust has released a new EP titled The Fundamentalist. (RA)
Massive Attack have released Eutopia, an audiovisual project calling for global change. (XLR8R)
Paul van Dyk is to release his new album Guiding Light on 28 August. (DJ Mag)
Jeff Mills to release ninth instalment of Every Dog Has Its Day series. (RA)
33EMYBW, AYA, Deena Abdelwahed and more feature on upcoming Houndstooth compilation Alterity. (Mixmag)
Actress releases new album, 88. (RA)
Listen to Nicolás Jaar's third album of 2020, Telas. (XLR8R)
Gareth Emery releases his most personal body of work to date, The Lasers. (DA)
Calvin Harris releases his next single, Live Without Your Love' as Love Regenerator. (DJ Mag)
Above & Beyond return with another new single Jam. (DA)
Amelie Lens announces new EP, Higher, on her Lenske imprint. (Mixmag)
Flume is to share his 2019 Red Rocks live-stream this week. (DJ Mag)
Tiësto is to unveil his VER:WEST side project at Tomorrowland’s Around The World. (DA)
The Chainsmokers have scored their first-ever film, Word on Bathroom Walls. (DA)
Marshmello and Moe Shalizi are launching a new animated video series for children. (Billboard)
Nicky Romero launches Another World Livestream concept. (OneEDM)
Eric Prydz has announced that his brand new live show will debut at Tomorrowland’s digital festival next week. (DJ Mag)

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