TheFutureParty
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The Future. Thanks to the success of Taylor Swift’s “Taylor’s Version” re-recordings of her first six albums, the major music labels are majorly expanding the amount of time until an artist is allowed to pull a similar stunt. But with few artists able to make anywhere near the same financial dent as Swift has, they […]
The Future. Taylor Swift has amassed a fortune of $1 billion, making her one of the few artists to ever hit that milestone from mostly music (and at 33, to boot). That cements Taylor as one of the most lucrative brands (and, yes, she’s a branding queen) in the world — one that’s able to […]
The Future. Spotify is changing how its song royalty pool gets allocated. Instead of being restrictive, the changes may be a relief for the average artist, who could allegedly get a larger check for the same number of streams (still pretty tiny at $0.003 per play per month). With Warner Music Group also working with […]
The Future. Power Trip, a heavy metal and hard rock music festival featuring bands like Metallica, AC/DC, and Guns N’ Roses, rocked Indio, California (the home of Coachella and Stagecoach) earlier this month. By many accounts, it was a hit — both musically and logistically. With recent festival disasters clogging up the headlines, no-drama weekends […]
The Future. After Anthropic’s Claude 2 chatbot was found lifting the lyrics (sometimes word-for-word) of over 500 copyrighted songs, Universal Music Group, ABKCO, and Concord Publishing sued… and they have a very good chance at winning. If the labels win, the lawsuit could act as a foundational precedent for similar copyright infringement cases in the […]
The Future. The 2023 Billboard Music Awards is going fully digital for its 2023 awards show… which is set to air in one month. That’s a revolutionary overhaul, but it falls in line with other name-brand (but not top-tier) awards shows shifting to streaming — a move forced by TV networks opting not to pick […]
The Future. Andrew Thompson, founder of research project “Components,” breaks down why Bandcamp (which is in the process of being sold) has a better music business model than Spotify. The key to Bandcamp’s success is vinyl sales, which has re-emerged as the top way for fans to listen to their favorite artists. Coupled with the […]
The Future. Ticketmaster doesn’t want another TSwift situation with Olivia Rodrigo’s upcoming Guts tour, so it’s implementing some changes that could cut off scalping. If the plan decreases scalping and makes it easier for actual fans to secure seats, scoring last-minute tickets at absurd prices may soon be a thing of the past. No more […]
Musicians find an AI loophole
The Future. Streaming has made music listenership skyrocket (1 trillion streams in the US alone last year), but it’s also totally changed how music gets made — shorter songs, longer albums, and a dash of global appeal. While mainstream artists are trying to adhere to the playbook, it’s only a matter of time before an […]