Indie Music Publishers Association Criticizes TikTok, But Tells Members to Decide ‘What Is Best for Their Business’ Before Joining Boycott

Jem Aswad Executive Editor, Music Being asked to collaborate on a Beyonce album is the equivalent of knighthood, and the morning after “Cowboy Carter” dropped to near-universal hosannahs, featured artists Miley Cyrus and Post Malone shared their gratitude at the rare honor. Cyrus, who duets with Beyonce on the song “II Most Wanted,” wrote on social media: “I’ve loved Beyonce since long before I had the opportunity to meet & work with her. “My admiration runs so much deeper now that I’ve created along side of her.

Jem Aswad Executive Editor, Music Universal Music Group and Spotify — the world’s largest music company and the world’s largest paid music-subscription service — have unveiled an expansion of their “strategic relationship” in an announcement that has very few details but is likely the opening of a new maneuver in UMG’s ongoing battle with TikTok. UMG and the China-based platform, which has been the leading source of music discovery for the past five years, have been in a standoff over multiple issues, primarily the platform’s low royalty payments and AI policies, since their licensing agreement expired earlier this year.

James Cameron’s “Titanic” was officially sold at the Treasures From Planet Hollywood auction last week for a whopping $718,750. According to Heritage Auctions, the prop was the most bid-upon item despite being surrounded by other iconic pieces of Hollywood’s legacy. In the film, the door is used when Rose (Kate Winslet) and Jack Dawson (Leonardo DiCaprio) attempt to lie on the piece of wood while awaiting rescue shortly after the RMS Titanic sinks.

Jem Aswad Executive Editor, Music The U.S. recorded music industry grew its revenue by 8% in 2023, reaching an all-time high of $17.1 billion and marking eight consecutive years of growth. However, there’s no question that the streaming boom of the past decade, which produced years of double-digit growth, is leveling off and the industry is reacting with layoffs and talk of a “transformational moment” in the months and years to come.

Jem Aswad Executive Editor, Music If there’s a top jack-of-all-trades in the music industry, there’s a good chance it’s Ryan Tedder. He’s a hugely successful recording artist (as leader of OneRepublic), one of the top songwriter-producers of the past 15 years (Beyoncé’s “Halo,” U2, Taylor Swift, Miley Cyrus, Ed Sheeran, Maroon 5, Ariana Grande and many more) and is also a more savvy music publisher than many full-time music publishers.

Jem Aswad Executive Editor, Music Spotify has provided further details on the record $9 billion it paid out to the music industry in 2023, which was first announced in January. For context, the company stated that the “amount has nearly tripled over the past six years, and represents a big part of the $48 billion-plus Spotify has paid since its founding.” Last March, the company said it pays out nearly 70% of every dollar it generates from music back to the industry, generating its music revenue from two sources: subscription fees from its Premium platform paying subscribers, and fees from advertisings on music on its Free tier.

Jem Aswad Executive Editor, Music Despite and also because of its puzzling inside-joke name, Trouser Press was one of the greatest music magazines in history. It existed for just a decade — from 1974 through 1984 — but in the process, it nurtured the careers of thousands of musicians and exponentially more fans, future musicians, writers, music executives and others.

Jem Aswad Executive Editor, Music For their headlining set opening the Rolling Loud California festival in Los Angeles on Thursday night, Kanye West and Ty Dolla $ign merely stood onstage for an hour while pre-recorded music from their already released first album played over the loudspeakers. While the wording in the official announcement of the late-added performance was unspecific — “Vultures headlining new Thursday night,” the since-deleted post read — it’s safe to say that most people expected the duo, who have been working together under the name Vultures, to at least deliver vocals.

William Earl administrator It’d be easy enough for The Black Keys — singer and guitarist Dan Auerbach and drummer Patrick Carney — to remain in rock star mode at this point in their career. After all, they’ve reached the top of their craft: radio hits, arena tours, festival headlining slots, and twelve albums.

Jem Aswad Executive Editor, Music The standoff between Universal Music Groupand TikTok over royalty payments and AI policies has resulted in a near-complete blackout of all music owned, distributed and published by the company on the platform — the videos are still there, but the music is muted. Yet new songs by UMG artists, including Ariana Grande, Camila Cabello and Niall Horan could be found on TikTok at the time of this article’s publication. How and why is that happening? While reps for UMG and TikTok declined comment, and an explanation of the platform’s logistics and process quickly devolves into a mind-melting blizzard of jargon and abbreviations, here’s a vast oversimplification of a couple of possibilities.

Jem Aswad Executive Editor, Music As the vast reorganization of Universal Music Group’s labels continues, as expected, the company’s East Coast operations are uniting under the Republic Corps umbrella. The move reflects the company’s reorganization of its labels under the domains of Republic’s Monte Lipman (East Coast) and Interscope’s John Janick (West Coast).

Manchester United got back to winning ways in the Premier League at Old Trafford on Saturday lunchtime with a 2-0 win over Everton.

Jem Aswad Executive Editor, Music The Love Rocks NYC Benefit Concert has become an annual New York tradition and Thursday night’s show at the Beacon Theatre was one of the best on record, raising $3.8 million for the God’s Love We Deliver charity with performances and/or appearances from Dave Grohl, the Black Keys, Hozier, Nile Rodgers, Tom Morello, Don Felder, Bettye LaVette, Joss Stone, Allison Russell, Emily King, Marcus King, Lucius, Larkin Poe, Trombone Shorty, Luke Spiller, Quinn Sullivan, and Bernie William. This year’s concert raised $3.8 million, which will allow God’s Love We Deliver to serve 380,000 meals for New Yorkers living with severe illnesses.

Jem Aswad Executive Editor, Music It’s no surprise that British-Ghanaian R&B singer/songwriter Raye was the center of attention at last weekend’s BRIT Awards — she won a record six trophies at the British Grammy-equivalent ceremony, including Best Artist, Album of the Year and Song of the Year, and during her acceptance speeches made empowering statements like “I’m in control — I’m my own boss.” Yet obscured in all the headlines was the strong business statement she made on behalf of fellow songwriters, calling for them to receive a share of the master recording income of the songs on which they’re credited. Multiple other participants receive such shares — “points on the master” — including artists, labels, producers and others, but not songwriters.

Jonathan Taplin Jonathan Taplin is the Director Emeritus of the Annenberg Innovation Lab at the University of Southern California and the author of “The End of Reality: How Four Billionaires are Selling a Fantasy Future of the Metaverse, Mars and Crypto.” He was tour manager for Bob Dylan and The Band in 1969. He has written this op-ed at the request of Universal Music Group. On Monday, these pages featured a defense of TikTok that could easily have been ripped from the headlines of the 2000’s.

Jem Aswad Executive Editor, Music The standoff between Universal Music Group and TikTok took another turn on Wednesday when the trade group National Music Publishers Association sent a letter to its members saying that it does not expect to renew its license with the China-based platform when it expires at the end of next month. “Recently, the press has highlighted concerns around TikTok’s licensing practices, concerns that NMPA has heard directly from many of our members,” the letter reads in part.

Meadow Walker was spotted getting close with a new guy amid her divorce proceedings.

Jem Aswad Executive Editor, Music Veteran singer and Roxy Music frontman Bryan Ferry has entered into a partnership with Irving Azoff’s Iconic Artists Group “to develop and expand the renowned artist’s musical legacy to new generations of fans,” according to the announcement. The deal sees the company acquiring 50% of Ferry’s sound recording, publishing, and name, image and likeness rights from his solo work and Roxy Music catalog, which reaches back to the group’s galvanizing 1972 debut album and includes such hit songs as “Love Is the Drug,” “More Than This,” “Avalon,” “Virginia Plain,” “Dance Away,” “Slave to Love” and more.

Jem Aswad Executive Editor, Music Even amid the literally thousands of Lou Reed cover versions that have emerged over the past half century — by everyone from David Bowie to Patti Smith to R.E.M. to Beck , it’s hard to imagine a more fitting musical tribute than Keith Richards covering “Waiting for the Man,” the 1967 song that heralded not just the Velvet Underground’s arrival, but a whole new realm of ultra-real, novelistic songwriting in rock music.

Jem Aswad Executive Editor, Music As expected, layoffs began hitting Universal Music Group almost immediately after the company’s earnings call on Wednesday. The moves, which have been signaled by chairman-CEO Lucian Grainge since last fall, were still evolving at the time of this article’s publication, and follow the broad consolidation of the company’s labels under Interscope (West Coast) and Republic (East Coast) groups, under CEOs John Janick and Monte Lipman, respectively.