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News December 6, 2017

Austin venue for sale on eBay, Warner streaming revenues jump 48%, and more

Austin venue for sale on eBay, Warner streaming revenues jump 48%, and more

Here’s all the music industry news you need to know today.

Jetty Road have become the latest country stars to ink a licensing deal with independent record label, Social Family Records – via SFR

Spotify’s ‘Today’s Top Hits” Has 18.2M Followers – via Hypebot

Austin’s renowned Sixth Street music venue, The Parish is for sale on eBay.  Bids will start at $1 on eBay. – via DMN

Michael Alexander Promoted to Executive Vice President, International for Def Jam Recordings, Island Records and Republic Records – via UMG

AEG has prevailed in the latest round of its venue battle with Live Nation and Azoff MSG Entertainment after British regulators told company officials they would not be investigating AEG’s policy of block booking the Staples Center in Los Angeles and the O2 Arena in London. – via Billboard

Warner streaming revenues jump 48% in FY2017 as recorded music sales top $3bn – via MBW

Spotify’s Most Streamed Artists, Songs Of 2017 – via Hypebot

BMI and the U.S. Department of Justice presented oral arguments on Dec 1 on whether the performance rights organisation’s consent decree requires the PRO to do full-works licensing, as the government insists, or fractional licensing, as the PRO claims has been the industry practice since at least 1976. – via Billboard

Reservoir inks JV with Grammy-winning songwriter Warren ‘Oak’ Felder – via MBW

Penrith Conservatorium of Music has announced its music scholarship program for 2018 – via The Joan

Apple Is Sharing Your Face With Apps. That’s A New Privacy Worry – via WP

Google is pulling YouTube from Echo Show and Fire TV, as feud with Amazon continues – via TechCrunch

Cooking Vinyl Music Publishing UK’s Managing Director Paul Kinder has left the company – via LinkedIn

Spotify launch their annual ‘Wrapped’ site, where subscribers can see how many minutes they’ve listened this year to date, along with most listened to artists, tracks and genres. – via Wrapped

Tencent says there only 300,000 AI engineers worldwide, but millions are needed – via TheVerge

Rough Trade Records has promoted Melanie Sheehan to be their US Label manager. – via RotD

Ian Cripps has been promoted to Vice President at Atlantic Records in LA. He was previously a Senior Director of A&R. – via Variety

This article originally appeared on The Industry Observer, which is now part of The Music Network.

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