NEWS

                       

The Music Modernization Act of 2018

 

 

The US Senate has approved the Music Modernization Act of 2018, S.2334, with unanimous consent, bringing the first reform for music licensing in 20 years on the cusp of becoming law. The companion version in the House previously passed in April, also with unanimous consent. The bill now must be reconsidered by the House and then ultimately signed by President Trump. Both of those are likely to happen, so the Senate was the last major hurdle.

US Capitol Building

 Various music organizations have weighed in:

THE VERGE

https://www.theverge.com/2018/10/11/17963804/music-modernization-act-mma-copyright-law-bill-labels-congress 

Sound Exchange

https://www.soundexchange.com/news/historic-music-modernization-act-becomes-law/  

Billboard

https://www.billboard.com/articles/business/8479476/president-trump-signs-music-modernization-act-law-bill-signing 

 

Billboard — The Weeknd

 

The Weeknd

  • The Weeknd Celebrates 5 Years of 'Kiss Land' With Limited Edition Merch Collection
  • The Weeknd Will Kick Off First Asia Tour in Hong Kong
  • The Weeknd, DJ Snake, Major Lazer and More Announced For Djakarta Warehouse Project 2018
  • The Weeknd Unveils NYC-Inspired Merch Collection Ahead of Headlining Panorama Fest

Full articles available at https://www.billboard.com/artist/419413/weeknd/articles 

Billboard — Kendrick Lamar

 

Kendrick Lamar and Kanye West

  • Kendrick Lamar Remembers Mac Miller's Positive Attitude in Profound Tribute
  • Nicki Minaj, Kendrick Lamar, Ty Dolla $ign & More Burn Up the Stage at Made In America Day 2
  • Kendrick Lamar Wins Pulitzer Prize for 'DAMN.', Celebs React
  • Nicki Minaj, Kendrick Lamar, Ty Dolla $ign & More Burn Up the Stage at Made In America Day 2
  • The Internet Lost It When Two Unreleased Kanye West & Kendrick Lamar Collaborations Were Leaked
  • TDE Announces Championship Tour Feat. Kendrick Lamar & SZA

Full article available at https://www.billboard.com/artist/305702/kendrick-lamar

Rolling Stone

Lil Wayne’s “Tha Carter V” Took 5 Years to Make. Why It Still Hits Hard in 2018

Lil Wayne

Wayne and his producers continued to revisit and update old songs even while “Tha Carter V” was stuck in limbo.

Full article available at https://www.rollingstone.com/music/music-features/how-lil-wayne-made-tha-carter-v-730716/ 

Billboard — Drake

 

Drake

Drake earns his second summer win, following “One Dance” in 2016.

Drake’s “In My Feelings” takes top honors on Billboard’s 2018 Songs of the Summer chart, wrapping as the No. 1 song on the annual seasonal survey.

Full article available at https://www.billboard.com/articles/columns/chart-beat/8473432/drake-in-my-feelings-number-one-songs-of-the-summer-chart 

 

Recording Academy — Grammy Awards

Aretha Franklin

“We all require and want respect, man or woman, black or white. It's our basic human right.”

Born Aretha Louise Franklin March 25, 1942, in Memphis, Tennessee. Died August 16, 2018.

 

View Aretha’s Grammy history at https://www.grammy.com/grammys/artists/aretha-franklin

Billboard — Ed Sheerran, Drake, Bruno Mars

Chart Beat Podcast: Ed Sheeran, Drake, Bruno Mars & More Are Hot 100’s 2018 Stars So Far

Ed Sheeran, Drake, and Bruno Mars

Welcome to the Billboard Chart Beat Podcast, where each week co-hosts Gary Trust and Trevor Anderson, from the Billboard charts department, discuss why what’s on the charts … is on the charts, while also looking at current chart action in a historical context for even greater insights.

This week, Gary and Trevor welcome back Dave and Yael Penn of Hit Songs Deconstructed, as they analyze the most significant trends in the top 10 of the Billboard Hot 100 in the first quarter of 2018.

It’s hard to think of a better pairing than Black Panther and Kendrick Lamar, who curated and appears frequently on the Marvel superhero film’s stellar new soundtrack, out today. One week out from its release date, Black Panther is the best-reviewed superhero film since The Dark Knight, and it boasted a perfect Rotten Tomatoes score until two buzzkills had to ruin the fun for everybody. Still, the overwhelming majority of early critics have lauded Black Panther as a socially conscious, action-packed and irresistibly fun film that pushes the boundaries of its genre and celebrates black excellence.

Full article available at https://www.billboard.com/articles/columns/podcasts/8457696/ed-sheeran-drake-bruno-mars-hit-songs-deconstrcuted-chart-beat-podcast 

Podcast available on iTunes at https://itunes.apple.com/us/podcast/chart-beat/id1082747004?mt=2 

IFPI Global Music Report 2018

Global Recorded Music Revenues Increase by 8.1%

  • Streaming revenues grow 41.1% to become largest revenue source, driven by 176 million users of paid subscription accounts

  • Third consecutive year of growth following 15 years of revenue decline

  • Campaign to achieve full and fair value for music in digital marketplace continues

Full report available at http://www.ifpi.org/news/IFPI-GLOBAL-MUSIC-REPORT-2018

Read the “State of the Industry” report here

 

The Recording Industry Association of America (RIAA)

In 2017 revenues from recorded music in the United States increased 16.5% at estimated retail value to $8.7 billion, continuing the growth from the previous year. At wholesale, revenues grew 12.6% to $5.9 billion. Similar to 2016, these increases came primarily from growth in paid music subscriptions to services like Spotify, Amazon, Tidal, AppleMusic, Pandora and others, which grew by more than 50%. This is the first time since 1999 that U.S. music revenues grew materially for two years in a row. At $8.7 billion, the industry has taken a decade to return to the same overall revenue level as 2008, and is still 40% below peak levels as the growth from streaming has been offset by continued declines in revenues from both physical and digital unit based sales.

Full article available at http://www.riaa.com/wp-content/uploads/2018/03/RIAA-Year-End-2017-News-and-Notes.pdf

 

Forbes

“Black Panther” Marks A New Phase In Kendrick Lamar’s Illustrious Career

Kendrick Lamar

It’s hard to think of a better pairing than Black Panther and Kendrick Lamar, who curated and appears frequently on the Marvel superhero film’s stellar new soundtrack, out today. One week out from its release date, Black Panther is the best-reviewed superhero film since The Dark Knight, and it boasted a perfect Rotten Tomatoes score until two buzzkills had to ruin the fun for everybody. Still, the overwhelming majority of early critics have lauded Black Panther as a socially conscious, action-packed and irresistibly fun film that pushes the boundaries of its genre and celebrates black excellence.

It stands to reason that its soundtrack would do the same.

Full article available at https://www.forbes.com/sites/bryanrolli/2018/02/09/black-panther-kendrick-lamar-career/#5168d71a6ae1

Rolling Stone — Bruno Mars, Cardi B “In Living Color”

 

Cardi B and Bruno Mars  

Bruno Mars and Cardi B have teamed up for a remix of “Finesse,” a song hailing from Mars’ 2016 album, 24K Magic. While the artists originally teased the unveiling of the song at midnight on Wednesday, they surprised fans by also releasing its video.

https://www.rollingstone.com/music/music-news/see-bruno-mars-cardi-bs-in-living-color-dedicated-finesse-video-205887/

 Also featured in:

Billboard

https://www.billboard.com/articles/columns/pop/8092641/bruno-mars-cardi-b-finesse-remix-huge-win 

Variety

https://variety.com/2018/music/news/bruno-mars-and-cardi-b-pay-homage-to-in-living-color-with-1990s-throwback-video-for-finesse-watch-1202653086/  

Forbes

https://www.forbes.com/sites/hughmcintyre/2018/01/04/bruno-mars-releases-his-song-finesse-with-cardi-b-in-an-attempt-to-make-it-a-hit/#24b2119a3ff7 

Statista: The Statistics Portal

Music album sales in the United States from 2008 to 2014, by genre (in millions)



2008

2009

2010

2011

2012

2013

2014

Christian / Gospel*

29.79

27.82

24.23

23.73

22.9

19.53

17.36

Country

47.66

46.13

43.72

42.92

44.6

36.46

30.46

Dance / Electronic

-

-

8.74

10.05

8.7

7.11

5.26

Latin

25.13

16.5

12.35

11.81

9.7

8.27

6.26

R&B

77.01

69.89

57.87

55.44

49.7

47.78

35.75

Rock

139.67

124.16

103.71

105.69

102.5

92.93

85.25

Pop

-

-

-

-

-

24.62

27.71

Alternative

80.92

68.2

53.73

55.03

52.2

-

-

Classical

13.32

12.14

8.96

9.57

7.5

-

-

Jazz

11.79

11.78

8.78

11.08

8.1

-

-

Metal

50.48

38.73

32.55

32.21

31.9

-

-

New Age

2.94

2.35

1.66

1.93

1.7

-

-

Rap

33.41

26.44

27.33

28.25

24.2

-

-

Full article available at https://www.statista.com/statistics/188910/us-music-album-sales-by-genre-2010/