true IMS Industry Insider | Welcome
28 Mar 2023
Business
  • Downtown Music Holdings announced layoffs across the company’s CD Baby, Downtown Music Publishing, Songtrust, and Downtown Music Holdings divisions. (Billboard) 
  • Tencent Music Entertainment grew its 2022 profits by 21% to $533m, helped by cost cutting and a growing subscription base. It achieved this despite a 9% decrease in revenues to $4.1bn. (Variety) 
News and Features
  • AIM has revealed final speakers and panel topics for AIM Connected, its flagship conference and networking event, being held this week. (RotD) 
  • Night Czar Amy Lamé says London’s nightlife is facing ‘extraordinary challenges’ three years on from lockdown. (Standard) 
    The Music Venue Trust says 2023 will be the worst year for venue closures since it formed in 2014. (BBC) 
  • Maykel Piron, the CEO and co-founder of Armada Music, has been presented with an Industry Achievement award at the Electronic Dance Music Awards (EDMAs). Other winners at the event held during Miami Music Week were: Loud Luxury - These Nights feat. KIDDO (Best Dance/Electro Pop Song); Armin van Buuren - One More Time feat. Maia Wright (Music Video Of The Year); Armin van Buuren (Best Radio Show) & Vassy (Icon Award).  (RotD, EDM)
Digital
  • Aslice and promotion platform FATdrop have partnered to pay producers before release date. (DJMag) 
  • Soundation has now made it possible for any company or producer selling beats or sample packs to embed a Digital Audio Workstation (DAW) directly into their website. (RotD) 
  • Spotify for Artists has added 'Active Audience', a new metric offering insights into an artist’s listeners who have streamed their music in the last 28 days. (Hypebot)
Web3
  • The web3 differentiator: scarcity and niches (MusicAlly) 
  • DJ 3LAU is close to settling a lawsuit over the sale of his NFT album Ultraviolet. (DMN)
Live
  • New York's Wire Festival to return in May with Jeff Mills, SPFDJ. (RA) 
  • Mumdance, Nkisi, Emeralds, more announced for SEMIBREVE festival 2023 (DJMag) 
  • Wynn Nightlife reveals line-up for EDC Vegas Weekend feat. Calvin Harris, Marshmello & more. (EDMTunes) 
  • IMS Ibiza announce Dalt Vila 2023, with Camelphat, ANNA, KÖLSCH, Ida Engberg, Jellybean & Layla Benitez set to perform. (RotD)
Comment, Opinion and Analysis
  • Gamma, Downtown, Utopia, and the rise of the ‘inside-out majors’. (MBW - Hunter Giles, Infinite Catalog)  
  • In traditionally Pop-hungry and social media-savvy Asian markets, EDM music festivals in Asia are introducing new sounds to local audiences and influencing global genre trends. (Chartmetric) 
  • On the power dynamics of decentralisation in music. (MusicX - Maarten Walraven) 
  • The music industry is a slowly sinking ship beset by complexity. (Water&Music) 
  • The IFPI Global Music Report 2023 showed the global recorded music market grew by 9% to $26.2bn in 2022, driven by growth in paid subscription streaming. (RotD) 
  • New research from the BPI reveals that streaming success is spread across many more artists compared to the CD era. (RotD) Based on Official Charts data, the findings show that the 10 leading streaming artists made up just 4.9% of the audio streaming market in the UK last year. This compares to the top 10 artists in 2007, when CD was the leading format, making up 10.9% of that year's artist album sales. More than 2,000 artists each generated at least 10 million audio streams of their music in the UK in 2022, while more than 200 surpassed 100 million UK streams.
Tech
  • Pioneer DJ announce new 4-channel controller, DJ-FLX10. (DJMag) 
Beatport
Clubs
  • Ibiza:
    Glitterbox announces full line-up for Hï Ibiza 2023 residency. (DJMag) 
  • The founders of Hoppetosse, Berlin's beloved club, reveal the secrets to its longevity (RA) 
  • Copenhagen club Jolene to reopen under new ownership. (RA) 
  • East London's 60 Dock Road will host the afterparties for FWD>> and Plastic People's Printworks showcases next month. (RA) 
Deals
  • The UK office of Believe has signed a long-term label solutions partnership with drum'n'bass label Hospital Records. (RotD) 
Streams & Podcasts
  • RA.876 Rebolledo (RA) 
  • 100 gecs | Boiler Room: Los Angeles (BoierRoom) 
  • 10 Years Of 'This Is What It Feels Like' (Documentary) (Armin Van Buuren) 
  • HI-LO (Oliver Heldens) b2b testpilot (deadmau5) @ Ultra Miami 2023, Resistance Megastructure (Oliver Heldens)
  • LP Giobbi @ DJ Mag's Miami Pool Party 2023 (DJMag) 
  • Swedish House Mafia @ Ultra Music Festival Miami 2023 (Swedish House Mafia)
  • Hardwell live @ Ultra Music Festival Miami 2023 (Hardwell) 
  • Afrojack live @ Ultra Music Festival Miami 2023 (Afrojack) 
  • Alesso live @ Ultra Music Festival Miami 2023 (Alesso) 
  • Armin van Buuren @ Ultra Music Festival Miami 2023 (Armin van Buuren) 
  • David Guetta @ Ultra Music Festival Miami 2023 (David Guetta) 
  • Martin Garrix @ Ultra Music Festival Miami 2023 (Martin Garrix) 
Artist and Music Features
  • Selections: Harmony (DJMag) 
  • Get to Know: Imer6ia (DJMag) 
  • What is downtempo music? (Magnetic) 
  • Art-ificial intelligence: Why AI isn't the only tech challenge for the future of artistic expression. (MW) 
  • How Deep Dish's 'Junk Science' pushed house music into new territory. (DJMag) 
  • An interview with the L.I.E.S. founder about his label, its place in the dance music canon and his upcoming solo album. (FirstFloor) 
  • ​Need for speed: Why the UK fell back in love with bassline and speed garage. (Mixmag) 
  • In a crowded market for dance music, indie events company Stranger Than is transforming iconic L.A. locations into clubs. (Billboard) 
  • A new era of the rave underground - led by femme and queer POC DJs and collectives – is popping off in Los Angeles. Star Eyes and Bianca Oblivion of the Warp Mode crew clue us in. (Mixmag) 
  • South African dance music is the sound of resilience (gal-dem) 
  • ‘I saw lightning between their fingers’: DJs on the magic of unusual dancefloors. (Guardian) 
  • Depeche Mode’s Dave and Martin open up on the death of founding member Andy Fletcher & new album Memento Mori. (Sun) 
  • Everything but the Girl breaks a 24-year silence with a bang. (NYTimes)
  • “Dance music is folk music”: Why James Holden is still inspired by rave culture. (Mixmag) 
  • 20 questions with Todd Terry: Living up to his legendary status and why ‘major labels put out the worst dance records ever’ (Billboard) 
  • Becky Hill is the fourth most streamed British female artist. She reveals how it all began. (SundayTimes) 
  • “DJs are surprised when they visit”: Why Newcastle’s DIY clubbing scene is thriving. (Mixmag) 
  • UK electronic musician Daniel Avery on seeking his truth. (RollingStoneUK) 
  • AI comes for the DJ: London partygoers rave to robot beats. (Reuters) 
  • The world's most influential DJs (DJTechReviews) 
  • The Sound of Resistance: A year in Ukrainian electronic music (RA) 
  • Can Spotify’s AI-powered DJ lend support to the fight for artist royalties? (MusicTech) 
Artist News
  • Martin Garrix’s AREA21 live project to release full-length performance film. (Billboard) 
  • The Chemical Brothers have announced a 2023 UK arena tour. (NME) 
  • Daft Punk share previously unreleased track, The Writing of Fragments of Time. (EDM) 
  • Eris Drew's new label, Ecstatic Editions, focuses on special-edition vinyl and archival releases. (RA) 
  • UK techno legend Lee Purkis, AKA In Sync, dies aged 54. (Mixmag) 
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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. 

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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.

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