How did you feel when you heard your music in The Last Song?
TRACEY: It was unbelievable! This is true — about 10 years ago we were at Disneyland watching the Main Street Parade. The song “When You Wish Upon A Star” was played, and I said to Vance, “Wow! That would be so cool to have a song in a Disney movie someday. That’s my wish.” It really was a dream come true. (more…)
The bundled album is still a profit generator for certain acts, and a source of billions in revenues for the recording industry. Still, most artists make quick cameos on the album charts, booming and busting within a few weeks. Yet a small cadre of acts are maintaining healthy week-over-week positions, including Justin Bieber. (more…)
Hardly a costume change later, Lady Gaga is now countersuing ex-boyfriend Rob Fusari. Last week, Fusari lodged a $30 million-plus lawsuit against Gaga, alleging unfair bilking of royalties. Fusari claimed a critical role in the formation, conceptualization, and transformation of Stefani Germanotta into the current pop juggernaut, though the Gaga camp is questioning that account of the relationship. (more…)
What is the modern ‘release date,’ anyway? Most albums slip before their ‘official’ street dates, leaving the big, bad internet to determine the real launch point. And, in that spirit, the latest MGMT album is now widely available across the internet, according to information unearthed Sunday by data partner BigChampagne. The album, Congratulations, first started circulating online over the weekend, well ahead of its April 13th street. (more…)
Take one skyrocketing format, then juxtapose it against another, plummeting format, and the result is simple. According to a projection from app store GetJar, mobile apps will be worth $17.5 billion by 2012, a global figure. That easily trumps an IFPI-published projection for CDs of $13.83 billion, itself a lofty expectation. The $17.5 billion figure was produced by independent firm Chetan Sharma Consulting. (more…)
Are streaming radio (non-interactive) royalties really in the toilet? Not according to SoundExchange, which is now challenging a report suggesting abysmal artist payouts. (more…)
Like many of its global peers, Canada is working through its own issues of piracy and cultural preservation. That picture also includes a downturn in recorded music sales. (more…)
Are labels – especially major labels – critical financiers of musical creativity? That is a tough thesis to defend these days, especially against a backdrop of surging music supply and consumption among unsigned artists. But record labels have played a major filtering and financing role in the past, and their pocketbooks have created some of the biggest superstars of modern music history – starting at the stage of obscurity. (more…)
London - Welsh singer-songwriter and television host Charlotte Church has signed a $3 million deal with investment fund Power Amp Music to finance the recording of a new album, the Financial Times reported. (more…)
