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“#Music Venues Will Soon Be Able to Apply for COVID-19 Relief” The U.S. Small Business Administration (SBA) is set to begin accepting applications for the Shuttered Venue Operators Grant (SVOG), a program created to fund music venues with grants equal to 45 percent of their 2019 revenue.. The application portal will open on April 8,…
“#Spotify Launches “Loud & Clear” Transparency Initiative” Spotify has launched Loud & Clear, a new web portal that presents data on how Spotify streams are determined and paid out. Months in the making, the website launched today following a series of protests outside Spotify offices by the Union of Musicians and Allied Workers. Announcing the…
“#Musicians Organize Global Protests at Spotify Offices” Artists and other workers in the music industry, organized by the Union of Musicians and Allied Workers, today participated in coordinated demonstrations at Spotify offices around the world. The group is calling for increased transparency in the company’s business practices, an end to lawsuits filed against artists, and…
“#The Weeknd Says He Will Boycott the Grammys Going Forward After 2021 Nominations Snub” The Weeknd has stated that he will boycott the Grammys going forward, refusing to attend or put his work forward for contention from here on out. “Because of the secret committees, I will no longer allow my label to submit my…
“#BTS Label Big Hit to Change Name to HYBE Corporation: Report” BTS label Big Hit Entertainment is reportedly in the process of changing its name to HYBE Corporation, as Variety reports. The company, founded by CEO Bang Si-hyuk (aka Hitman Bang) in 2005, has become one of the most powerful players in the South Korean…
“#Lena Waithe Launches New Record Label With Def Jam” Lena Waithe—the writer, producer, and actor from shows including The Chi, Master of None, Twenties, and more—has launched a new partnership with Def Jam Records with the formation of a new label called Hillman Grad Records. A new press release described the label as an effort…
“#Hundreds of K-pop Songs Return to Spotify Under Renewed Licensing Agreement” Hundreds of songs from popular K-pop acts including Sistar, IU, Monsta X, Epik High, and more have returned to Spotify after being removed on March 1 over an expired licensing agreement. Kakao Entertainment, one of Korea’s largest distribution companies, announced the news of a…
“#Swizz Beatz and Timbaland Sell Verzuz to Triller, Share Equity With Performers” Swizz Beatz and Timbaland’s Verzuz has been acquired by Triller Network, the parent company of the TikTok competitor Triller. While the exact nature of the deal was undisclosed, it was announced that the two Verzuz founders are now “larger shareholders” in the Triller…
“#Women Underrepresented in Popular Music, New Study Finds” A new study from the University of Southern California’s Annenberg Inclusion Initiative reveals the bleak reality for women in popular music. The report—compiled by Dr. Stacy L. Smith, Dr. Katherine Pieper, Hannah Clark, Ariana Case & Marc Choueiti—sought to “assess the gender and race/ethnicity of artists, songwriters…
“#JAY-Z Sells Majority Stake in TIDAL to Jack Dorsey’s Company Square” Square—the digital payment company run by Twitter CEO Jack Dorsey—has acquired JAY-Z’s streaming platform TIDAL. As part of the deal, JAY-Z will move to Square’s board of directors and Tidal’s artist owners will continue to co-own the platform, as the second largest group of…