IMS Industry Insider

Pete Tong's Essential New Tune

Feiern

Sven Väth

Cocoon Recordings

out now

Comment
"This week's Essential New Tune comes from Sven Väth. I've been teasing this in previous weeks by playing the instrumental. Here's the full version with vocal. Known to many as Papa Sven, he had this to say about the last 12-18 months: "When you can not play music, make some". So he has gone into the studio and made an album, Catharsis. This track is out now on his own imprint, Cocoon Recordings, and is the first play of the vocal version."
This week's featured Essential New Tune was featured in last week’s Friday show on BBC Radio 1. Listen again and forward to here.

Contact
Label: Edgar Dirksen, Cocoon Recordings
Management: Maurizio Schmitz, Cocoon Recordings
Publishing: Edgar Dirksen, Cocoon Recordings
Radio & Club: Edgar Dirksen, Cocoon Recordings
TV: Lion Kapetanidis, Cocoon Recordings
Online: Patricia Della Bella, Cocoon Recordings
Live: Lion Kapetanidis, Cocoon Recordings

28 Sep 2021

Business

eOne Music announced it is has changed its name to MNRK Music Group, following Hasbro’s sale of the division in June. (RotD)
Creative Artists Agency is buying ICM Partners. The transaction is expected to close later this year. (Hits, Pollstar) ICM’s strengths are in books and sports, CAA is in the content business, including music. The deal would leave WME, CAA and UTA as the leading talent agencies in Hollywood.
After listing on the Euronext Amsterdam stock exchange last Tuesday, Universal Music Group finished the week with a market cap of €42.5bn. (DMN)
SoftBank and Tony Fadell, the former Apple and Nest executive, are among those investing $122m in ticketing app Dice. (RotD) The latest financing round values the company at $400m, according to a source. Founder Phil Hutcheon says the company is profitable in its established markets but continues to invest in expansion.

News and Features

Electronica is the most 'infectious' musical genre, new study finds. (RA)
Midem announced the theme for this year’s Midem Digital Edition - Embrace the New Monetisation Frontiers. The 16-19 November online event will feature Steve Aoki & Deadmau5. (RotD)
The UK government has recommended the Competition and Markets Authority (CMA) that it consider an investigation into the UK’s leading major labels – Sony, Warner and Universal Music. It’s also recommended the CMA investigate YouTube’s dominance in the streaming market. (DJMag, BBC)

Brand Partnerships

Steve Aoki's fashion and record label Dim Mak has teamed up with Marvel Entertainment for a new fashion collection, 'Venom vs. Carnage'. (DJMag)
Chemical Brothers, Swedish House Mafia, Caribou, DJ Snake (with Malaa), Shygirl, Machinedrum (with Dawn Richard), Baauer and Armand van Helden (with Riva Starr) have contributed to Fifa 2022 soundctrack. (DJMag)

Digital

Biscuits n Groovy is a new platform for superfans to stream and collect exclusive music, directly supporting their favourite artists. (P&S)
Roblox unveiled its 'Listening Party' feature, to afford artists and labels “a unique and creative way to engage and attract millions of fans and unlock new commercial opportunities in the metaverse”. (DMN)

Live

Full details of the inaugural Climate Music Blowout conference presented by Music Declares Emergency, Adapt and Bird On The Wire, have been revealed by the organisers. (RotD)
Sheffield's No Bounds Festival have finalised their 2021 line-up. (RA)
Daniel Avery, HAAi, Darwin, Lafawndah and Max Cooper will play Nuits Sonores & European Lab Brussels next event in the capital next month. (RA)
Desert Air Festival to debut in Palm Springs this December, featuring Dixon, Peggy Gou, The Martinez Brothers and DJ Koze. (EDMTunes)
Kygo announces Cabo festival line-up with Gryffin, Sam Feldt, Autograf, Goldroom, Sofi Tukker, Nora En Pure, NoMBe and more. (EDMTunes)
A new trance and hard dance festival, Bring The Noise, is heading to Birmingham, UK in 2022. (DJMag)

Comment, Opinion and Analysis

UMG’s buoyant stock debut is a new chapter for the music business. (Mark Mulligan)
Intellectual Property Office research investigated the issues impacting upon the ability of creators to earn money since the development of music streaming. (MusicAlly) “Our main objective is to provide evidence that might contribute to a more informed debate about matters of public concern concerning music creators’ earnings,” the authors wrote. “The top 1% of artists account for 78-80% of streams, and the top 10 per cent for 98 per cent”, were among the findings. (Gov)

News Update from AFEM
(Association for Electronic Music)

New AFEM Members include: Hospital Records, SonicData, Pitch the Tempo and Pixelynx. Please contact membership@afemorg.net if you would like to know more about joining.
AFEM welcomes their new Events & Communications Manager: Thilini Jayawickrama
#TakeATest - AFEM recommendation is simple: to protect the electronic music scene and your community, take a lateral flow test before attending electronic music events, irrespective of whether it is a mandatory requirement for you to access the event. Please, to keep the scene safe and open, do not attend if you test positive. Read more here.
The UK’s live music sector launched a sweeping industry campaign to deliver climate action, as it sets out its commitment to reach net zero emissions by the year 2030. All 13 association members of LIVE (of which AFEM is a founding member) have ratified the Beyond Zero Declaration, with the ultimate aim of reaching net zero emissions by 2030.
AFEM member Andi Durrant of This Is Distorted has launched The Dance Music Archive, a pandemic passion project, 18 months in the making. It aims to build the world's biggest archive of electronic music and culture.
In partnership with IMS, Pioneer DJ, Beatport & she.said.so, AFEM helped organise an environmental panel and analysis for the “The Big Questions”. The 2nd of a 10-part monthly digital series. Watch here.

Beatport

Using swing in your music. (Loopcloud)
8 Drum Sequencing Tips for Better Beats. (Loopcloud)
Playlist of the Week: BEC (Beatportal)
DJ Minx is Living her Best Life. (Beatportal)
Cover Story: Lauren Flax (Beatportal)
No Wifi? No problem. Beatport LINK is now streaming on Traktor PRO 3 anywhere with the Offline Locker Beta. (NativeInstruments)

Clubs

fabric announces new marathon party series, Continuum. (RA)
Ibiza clubs may be allowed to reopen from next month. (DJMag)
Berlin club Berghain will reopen indoors in October for the first time since March 2020. (RA)

Deals

Subjective, the duo of Goldie and engineer-producer James Davidson, has signed to Three Six Zero Recordings. (RotD)

Streams & Podcasts

RA.799 DJ Minx (RA)
Tim Reaper in The Lab LDN (Mixmag)
FJAAK (DJ Set) | Boiler Room x AVA Festival 2021 (BoilerRoom)
Boys Noize | Boiler Room LA: Lights Down Low (BoilerRoom)
TxC | Boiler Room SYSTEM: Amapiano London (BoilerRoom)

Artist and Music Features

10 Latin electronic producers to watch during Hispanic Heritage Month. (Billboard)
Selections: Bklava (DJMag)
Fresh Kicks 161: Iona (DJMag)
Pressing issues: is this the end of the vinyl revival? (DJMag)
Livity Sound: a decade of daring club music. (DJMag)
DJ Pete Tong and daughter Becky reveal how they connect over music. (Star)
How Ultra Naté's 'Free' became a dancefloor anthem for personal liberation. (DJMag)
Carl Cox: “While I was DJing, I saw people dying in front of me” (Mixmag)
20 questions with Boys Noize: On his Red Light district origins and selling his vinyl collection to Afrojack. (Billboard)
Amapiano: inside South Africa’s sound of freedom. (Dazed)
Will the next phase of the music industry take place inside the metaverse? (Synchtank)
What music labels learn when you pre-save music. (Wired)
The arrival of Universal Music Group on the stock market is going to be a big-money affair — for the record company as well as its rivals. (RollingStone)
Richard H. Kirk remembered: a DIY genius of British electronic music. (DJMag)
Richard H Kirk was prolific, hungry, angry and funky to the end. (Guardian)

Artist News

Gareth Emery announces ‘We’ll Be OK’ label and accompanying tour. (EDMTunes)
Elkka is back on Technicolour with new EP, Harmonic Frequencies. (RA)
RÜFÜS DU SOL to release fourth full-length album, Surrender, on 21 October. (EDM)
Nightmares on Wax has just announced the release of his new album 'Shout Out! To Freedom...' which will be released via Warp Records. (Mixmag)
Disclosure have been confirmed for the next instalment in !K7's DJ-Kicks mix series, which will land on 15th October. (DJMag)
A new book on Daft Punk, called After Daft, will look at their lasting effect on music. (Mixmag)
A new Avicii documentary feature set for 2023 release. (Billboard)
Steve Aoki has been inducted into the Asian Hall of Fame. (EDMTunes)
3LAU is dropping the world's first fan-owned song through the power of blockchain and NFT technology. (EDM)
The Weeknd and Nicolás Jaar, alongside Toronto producer Frank Dukes, have been sued by producers Suniel Fox and Henry Strange over claims that The Weeknd's 2018 track 'Call Out My Name' is “strikingly and/or substantially similar, if not identical” to Fox and Strange’s 2015 song 'Vibeking'. (DJMag)
The influential British electronic musician Richard H Kirk, best known as a founding member of Sheffield group Cabaret Voltaire, has died aged 65. (BBC)

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