Music Publishing News Weekly Roundup: April 4, 2014

Alex Badanes on Apr 4, 2014


Island Def Jam Motown has reorganized into three standalone labels, Island, Def Jam, and Motown Records. Each label will be restructured with a new CEO and team to better fit their respective artists. The goal of this change is to re-establish the brand and story of each label in particular Motown Records who has a long history of traditional R&B and gospel acts. This label will permanently relocate to Los Angeles.

Total worldwide music sales in the U.S. has remained high with a total of $4.47 Billion in 2013. This represents an increase in sales growth by .8%. An annual global sales report called “Recording Industry In Numbers” from IFPI indicates that Japan falls 2nd with a total $3.01 Billion. This was followed by Germany who surpassed the U.K. for the world’s 3rd position. Their sales totaled to $1.37 Billion while U.K.’s totaled $1.30 Billion. According to the report, digital music made up over 60% of recorded music revenues with subscription based services growing by 65.4% in 2013.

Spotify has launched a new redesign for iPhone, desktop and web apps. With a darker background and more subtle icons, the new design allows for the album art to be more visible and “pop”. There is also a new feature called “your music” that serves in place of “playlists” that allows the user to more easily store the music they like. Spotify released a YouTube video on Tuesday to introduce the new layout.

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