IMS Industry Insider

Pete Tong's Essential New Tune

Gunk

Overmono

XL Recordings

out now

Comment
"This week's ENT comes from a duo raised in Wales. Siblings Tom and Ed Russell both had successful careers in electronic music before they began collaborating as Overmono. With Tom known for his hard-edge techno as Truss and Ed for his rave-instilled bass work as Tessela, 2021 was their breakout year, having won DJMag's for Best Live Act, an Essential Mix of the Year nomination, dropping a fabric presents album and releasing some impressive remixes. They really are a promising situation. This is Gunk, taken from their five track EP, Cash Romantic, forthcoming on XL Recordings."
This week's featured Essential New Tune was featured in last week’s Friday show on BBC Radio 1. Listen again and forward to 32.22 here.

Contact
Label: XL Recordings
Management: William Aspden
Publishing: BMG
Radio: Andy Park, All Ears
Streaming: Shaun Delaney, Beggars
Online: Abigail Jessup, XL Recordings
Live: Tom Schroeder, Paradigm

22 Mar 2022

Business

Believe’s revenues grew by 30.7% to €577.2m last year, fuelled by 33.6% growth for its digital revenue – which is 90.9% of its overall turnover. (MusicAlly)
Business and financial management platform HIFI has completed an eight-figure funding round with backing from Diplo, A-Trak and 3LAU. (MBW)
London-headquartered metaverse startup Oorbit has raised $5m from investors including Mark Cuban and Pixelynx. (DMN)
In the UK, Sony Music’s acquisition of AWAL has been cleared by the CMA following an in-depth inquiry after the body expressed competition concerns. (Gov)
Universal confirmed EMI and Capitol will be uniting under the joint leadership of Jo Charrington and Rebecca Allen as Co-Presidents. (RotD)

News and Features

Metalheadz starts techno-inspired label, Headzstate. (DJMag)
The London Assembly has suggested installing drug testing facilities at nightclubs. (Mixmag)
The IMS Legends Award 2022 is to honour Simon Dunmore, founder and head of Defected Records. (RotD)
The BPI reported UK recorded music revenue rose by 12.8% in 2021 to reach £1.262bn. Streaming revenue was up 13.7% to £837.2m, with physical formats on CD and vinyl growing by 14.6% to £241m. (RotD)
Russia:
CISAC issued a statement regarding Russia's invasion of Ukraine, writing "After careful consideration, the CISAC Board has decided that each individual society should decide on whether to maintain their business relationships with Russian societies, and what the terms of any relationship should be". (Variety)
Believe has pledged to keep its operations open in Russia and is advising partners how to work around sanctions imposed over the invasion of Ukraine. (Guardian)
Ukraine:
Massive Attack’s Robert Del Naja is offering fans another chance to purchase limited-edition prints, which will help raise funds for victims of the Ukraine conflict. (Independent)
Ukrainian label Muscut has released a fundraising compilation to support those affected by Russia's current invasion of the country. (DJMag)
Amelie Lens’ Exhale Records has released a 14-track fundraising compilation for Ukrainian aid, 'Together for Ukraine!'. (DJMag)

Digital

Spotify is drawing up plans to add blockchain technology and NFTs to its service. (FT)
Believe-owned digital distribution platform TuneCore has been picked as its distribution partner for TikTok's SoundOn. (MBW)

Live

Germany's Melt Festival adds UNIIQU3, Eartheater, Nazira and others to 2022 line-up. (RA)
California's Desert Hearts Festival has announced its line-up, including Carl Craig, Kenny Larkin, Anja Schneider and more. (Magnetic)
Pennsylvania's Elements Festival announces headliners Kaskade, Rezz and Fisher – and a new location. (Billboard)
Tomorrowland will become the first major music festival to feature an NFT on its main stage. (DA)
Barcelona party series OFFSónar reveals 2022 programme. (RA)
Calvin Harris, Becky Hill and Jax Jones have been confirmed for BBC Radio 1's Big Weekend 2022. (RotD, RotD)
International Music Summit (IMS) Ibiza has revealed the DJ line-up for its 2022 edition, which is located at the Dalt Vila fort in Ibiza Old Town. b2b sets come from Jamie Jones and The Blessed Madonna, Overmono b2b Joy Orbison, and Prospa b2b Jaguar. Solo sets from Patrick Topping, Tsha, Lala and Artche. (DJMag)

Comment, Opinion and Analysis

What crypto enthusiasts get wrong about entertainment. (Bloomberg) Artists can now make a project without a studio or record label. It doesn’t mean they want to.
Global recorded music revenues are estimated to have grown by 24.7%, to $28.8bn in 2021, according to Midia.
DSPs will lead music’s mainstream Web3 adoption, but fan-powered music communities will share the wealth. (MBW)

Beatport

Sydney Blu: “I want to provide a safe community for women, trans and non-binary artists getting into the industry” (Beatportal)
11 things that have changed the way we make music in the past decade (PluginBoutique)
Playlist of the Week - Kittin (Beatport)
On Our Radar - March (Beatportal)
Kittball Records presents Tube & Berger Signature Sounds (Loopcloud)
The Global Remix Challenge returns with Tiësto’s ‘The Motto’ (Beatportal)

Clubs

Ibiza:
Tomorrowland brings Dimitri Vegas & Like Mike back to Ushuaïa. (IbizaSpotlight)
SHINE Ibiza has announced its summer line-ups for Trance Thursdays at Eden. (DJMag)
Ibiza clubbing news 2022. (IbizaSpotlight)
Paris promoter Yoyaku to open warehouse venue, Vault (RA)
A brand new venue is heading to Central London this summer, Outernet Live. (Mixmag)
New club Parallel opens in Amsterdam. (RA)
Storied Berlin techno club E-Werk is set to reopen for a weekend of events helmed by Pallas on 24 - 27 March. (DJMag)

Streams & Podcasts

RA.824 Nicolá Cruz (RA)
Magnetic Mix 181: Dani Ramos (Magnetic)
Reza Safinia live from LA (Mixmag)

Artist and Music Features

Selections: Carmen Villain (DJMag)
In Session: ANNA (Mixmag)
In the Mix: TCTS (Notion)
The Sound Of: Touching Bass (DJMag)
How much does it cost to throw a club night? (RA)
Ibiza Past: Bringing the golden era of the White Isle to the present. (Mixmag)
Forging a community: Beastwang brings Leicester’s ravers together. (Mixmag)
Why electronic music sets the tempo for NFTs. (Billboard)
Black DJs are reclaiming their connection to dance music. (MiamiNewTimes)
How can UK nightlife improve for women and non-binary people? (Face)
Vintage Culture: changing the game (DJMag)
Interview | What's the score Nathan Dawe? (IbizaSpotlight)
Kavinsky: “I want people to talk to me about something other than ‘Nightcall’ now" (Mixmag)
John Summit: bending the rules (DJMag)
Carl Cox and Nicole Moudaber In Conversation: The longtime friends on techno’s dominance, music during wartime, the absurdity of Tulum and more. (Billboard)
Sofi Tukker talk Wet Tennis, upcoming shows, live from CRSSD Fest. (DA)
Bigger vision: Joy Orbison is ready for the next step. (Mixmag)
2022 Dance/Electronic Grammy Preview: Black Coffee on his historic nomination and why dance deserves ‘Better Exposure’ at the awards. (Billboard)
Grimes on music, mars, and her secret new baby with Elon Musk. (VanityFair)
5 parties you must do during Miami Music Week 2022. (DT)
Miami 2022: Eats Everything brings the party back to South Beach (DJMag)
Miami 2022: Space resident Layla Benitez takes her new home by storm (DJMag)
Miami 2022: HoneyLuv is ready to embrace the energy of South Beach. (DJMag)
Miami 2022: The Magic City calls for Andrea Oliva (DJMag)

Artist News

Above & Beyond have teamed up with long-time collaborator and composer Darren Tate to write their first motion-picture score for the upcoming documentary, The Last Glaciers. (DA)
Batu has unveiled plans to release his first-ever full-length record this coming April via Timedance, titled ‘Opal’.(Mixmag)
Orbital have scored a new Netflix series, 'The Pentaverate', starring Mike Myers. (DJMag)
Alison Wonderland has dropped out of Mexico's Brownies & Lemonade Spring Break festival due to a "private issue". (Billboard)
Goldie and DJ Bone have announced their first-ever b2b tour. (DJMag)
Hardwell to close out Ultra Miami 2022 after four-year hiatus. (Billboard)
A federal appeals court in the US has rejected a copyright lawsuit over Marshmello’s 2018 smash hit 'Happier', ruling that the DJ’s accuser, Arty, signed away any rights to his earlier song. (Billboard)

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