true IMS Industry Insider | Welcome
Pete Tong's Essential New Tune
Acid Neverland
Tunnelvisions
Atomnation
out now
Comment
"This week's Essential New Tune was first premiered as an ID on their guest hot mix at the end of last year. I am pleased to say it is now out on their own label, Atomnation. This is Acid Neverland from Tunnelvisions."
This week's featured Essential New Tune was featured in last week’s Friday show on BBC Radio 1. Listen again and forward to 37.02 here.
Contact
Label: Atomnation
Management: Lex van Aken, DHA 
Publishing: Cloud 9 / cc (Raynor de Groot / Emiel van den Dungen)
Radio: Tom Currie, Your Army
Club: Will Brigham, Your Army
Online: Pascal Terstappen
05 Mar 2021
Business
  • United Talent Agency has acquired Echo Location Talent Agency, which has clients including Alesso, Chase & Status, Diplo, Galantis, and Gorgon City (HR)
  • Universal Music Group posted a 3.8% increase in revenue in 2020, finishing the year with €7.43bn. Subscription and streaming revenues were up 16.2%. Streaming accounts for 52% of UMG's revenues and 64% of the recorded music unit's income. (Variety)
  • Live Nation has $2bn in available liquidity, about 45 major artists will be on tour in 2022 vs the usual 25, and the road to return is already being paved in the UK and Australia. (Variety) Revenue in 2020 dropped 84% to $1.47bn.
    CEO Michael Rapino said in a statement “Some of our key initiatives include: Re-organizing to become more nimble while also reducing our cost structure by $200 million; Building concert streaming and direct to consumer businesses to expand our revenue streams; Advancing our technology initiatives globally while accelerating the shift to digital tickets to meet changing needs of fans, venues and artists."
News and Features
  • Mau5trap is launching a house-orientated imprint, Hau5trap. (Billboard)
  • Hospital Records are celebrating their 25th anniversary with the release of H25PITAL - a collection of 25 brand new remixes, reworks, covers and VIPs of NHS classics. (RotD) 
  • Glitterbox to launch debut nightlife documentary Where Love Lives with unique three-part live watch-along event exclusively on YouTube on 18 March. (RotD) 
  • Spain is in talks with its major tourism markets, which includes the UK as well as Germany, about reopening safe travel corridors. (Mixmag) 
  • UK festivals are under threat of cancellation without Government insurance, The Association of Independent Festivals (AIF) has said. (DJMag) 
  • The UK’s Government Budget was cautiously welcomed by the culture sector but industry figures said it lacks detail in key areas and does not do enough to support those who have missed out on government support, such as freelancers. (Guardian) DCMS committee chair Julian Knight MP said it was “greatly disappointing” that the government has not backed cancellation insurance schemes for festivals.
  • The Culture Recovery Fund in the UK, which provides grants to the arts sector, has been increased from £1.57bn to £1.87bn in the budget. (DJMag)
Brand Partnerships
  • Beatport and Rockstar Games have announced a GTA remix challenge. (Beatportal) 
  • Pioneer DJ has joined forces with women-led progressive radio station foundation.fm in a special partnership that will begin with celebrations for International Women’s Day. (RotD)
Digital
  • Clubbing TV and FG Radio are teaming up for a weekly Happy Hour DJ session. (RotD)
  • DistroKid now supports Twitch’s new music licensing platform called Soundtrack – with artist attribution. (DMN) 
  • Ryddm claims to be the first streaming platform for IOS that allows musical artists to drastically increase their earnings through direct payments from fans. (PRNewswire)
  • Los Angeles-headquartered livestream-monetisation platform Maestro has secured $15m in financing from investors including Sony Music. (DMN)
  • Beatport has launched Beatport DJ, a browser-based, MIDI compatible, DJ application. (RotD)
  • Streams of officially licensed music videos on Facebook will soon be factored into the Billboard Hot 100, Billboard 200, Artist 100 and Billboard Global 200 charts. (Billboard)
  • Starting 1 April,SoundCloud is to pay independent artists a share of their listeners’ subscription fees, along with advertising revenue, divvied up among the artists they actually listen to. (SoundCloud)
  • RAC has launched a new creative agency, 6 Digital, specialising in NFTs. (EDM.com) 
  • Steve Aoki has teamed up with visual artist Antoni Tudisco for his debut NFT release on Nifty Gateway. (CryptoBriefing)  
  • Richie Hawtin has released a limited Plastikman NFT collection called Acid Drop - Sheet One on OpenSea to celebrate 303 Day. (OpenSea) 
  • Disclosure tweeted that their first NFT song, created live on Twitch earlier this week, has sold for 43 ETH (approx £45,900) on Zora. Guy Lawrence also announced Disclosure are officially unsigned after finishing a three-album contract. (EDM.com) 
  • Grimes is the latest artist to get in on the NFT gold rush, selling around $6m worth of digital artworks. (Verge)
  • US DJ/producer and crypto-artist 3LAU has auctioned 33 unique NFTs as part of his Ultraviolet Collection for a record amount of $11.7m. (Trends&Chaos) The winner of the Platinum Tier also won a custom song created by 3LAU with the winner’s creative direction, tokenized as a 1 of 1 NFT.
Live
  • California's Lightning in a Bottle event has been put back to 2022. (EDMTunes)  
  • Eastern Electrics festival in London on August Bank holiday has announced its full line-up, featuring Jamie Jones, Denis Sulta, Maya Jane Coles and more. (RA) 
  • Dimensions Festival has completed its 2021 line-up. (RA) 
  • Life Is Beautiful has announced it will take place in Las Vegas on 17-19 September. (Magnetic) 
  • Martin Garrix to perform DJ set at the virtual edition of Mexico's Tecate Pa’l Norte festival. (EDM.com) 
  • Barcelona festival Primavera Sound has cancelled its 2021 edition. (DJMag) 
  • Martin Garrix is set to play a headline live stream set at Hydeout digital festival this weekend. (DJMag) 
  • Mija, Louisahh, LP Giobbi and more lined up for Dirtybird's 'Women in Music' Livestream on 8 March. (Billboard) 
Comment, Opinion and Analysis
  • Life after clubs. (DT) 
  • Daft Punk breakup leaves millions on the table, but royalties are still rolling in. (Billboard) 
  • According to the Recording Industry Association Of America (RIAA)'s annual report, revenues for the US recorded music industry grew by 9.2 per cent last year to $12.2 billion. (Magnetic) 
  • Music retail spending in the UK in 2020 was £1,552m, up 6.8% year-on-year, according to the ERA yearbook. (RotD) The value for physical was down 14.6%, while digital rose 12.8%. Sales of vinyl LPs enjoyed their 12th successive year of growth to reach £110.1m, up 13.3%.
  • A whitepaper dedicated to livestreaming and the virtual live experience aimed to grasp the essence of current trends and look behind the scenes to understand the key dynamics that will shape the sector’s future. (Midem)
  • Slowly but surely, the major labels' dominance of Spotify is declining. (MBW) 
Clubs
  • New York venues now require a Covid-19 passport for entry. (EDMTunes)  
  • TicketsIbiza have shared the results of their Ibiza 2021 clubbing survey: 92% plan to come to Ibiza in 2021, but 40% would not come if clubs remained closed. 86% would be happy to take a rapid test before entering a club, while 67% would not go to a club if they had to wear a facemask. Full results here.  
  • Fabric has announced a 42-hour reopening weekend on 25 June. No line-up has been announced as yet. (Mixmag) 
Deals
  • Warner Records has won a competitive race to sign TikTok sensation The Stickmen.
Streams & Podcasts
  • DT733 – Vintage Culture (DT) 
  • RA.769 Octo Octa (RA) 
  • Fact Mix 797: musclecars (FACT) 
  • NUDE058: Risa Taniguchi (DT) 
  • Magnetic Mix 138: Sairen (Magnetic) 
  • Kassian in The Lab LDN (Mixmag) 
  • Bradley Zero b2b Moxie (BoilerRoom) 
  • The Stickmen live set from a secret location (DJMag) 
Artist and Music Features
  • Label of the Month: Hospital Records (beatportal) 
  • Label of the month: Superlux Records (iDJ) 
  • Compilation of the Month: Carousel Records ‘8 years of Cakeshop’ (DJMag)
  • Tunes of the Month - February. (IbizaSpotlight) 
  • The 15 best progressive house tracks of February 2021. (Magnetic) 
  • The 15 best bass music tracks of February 2021. (Magnetic) 
  • 48 of the best 90s techno mixes you can listen to online. (Mixmag)
  • Recognise: Yazzus (DJMag) 
  • Renegade Riddims: Speaker Louis (DT)
  • Selections: Jossy Mitsu (DJMag) 
  • King Britt's Blacktronika celebrates Black innovators in electronic music (DJMag) 
  • EX.547 Critics Roundtable (RA) 
  • Rian Treanor: the producer hacking a smarter, kinder future for music. (Guardian) 
  • The Bug and Dis Fig on Mutant Dub, sound system culture, and ‘In Blue’. (ElectronicBeats) 
  • Seth Troxler on his Detroit DJ education and the rich Black History, plus the future of dance music. (Grammy) 
  • Calibre: "The younger generation just hear music, they don't hear the genre so much" (Mixmag) 
  • The world according to SG Lewis: Disco, Dance and Ecstasy. (EDM.com) 
  • Sound Advice- a new handbook for aspiring musicians by journalist Rhian Jones and PhD researcher Lucy Heyman, is a surprisingly frank account of the pitfalls of working in music, with insights on mental health, substance abuse, body image and social media. (BBC)
  • Problems with songwriting splits are growing at a time when music-copyright ownership is more desirable than ever. (WSJ) The University of Southern California’s Annenberg Inclusion Initiative, which studies issues around diversity in entertainment, has flagged splits as an important area for overhaul in the music business — and suggested that unfair splits could disproportionately affect women in the industry.
  • Decolonizing electronic music starts with its software. (Pitchfork) 
  • How Pandora won its royalty battle but lost the war to Spotify. (Vice) Pandora found a brilliant loophole win its fight with the recording industry, but it tied the company's future into a knot.
  • How subscription platforms have become revenue-generating, real-time fan clubs. (Billboard) 
  • How history, wealth and nepotism determine access in South Africa’s segregated dance music industry. (Dweller) 
  • Seeing sound: The audio-visual artists driving creative innovation in club culture. (DJMag) 
  • Will rapid testing really save UK nightlife? Mixmag investigates. (Mixmag) 
  • Nightclubs eye June reopening in the UK but can they survive? (BBC)
  • Nifty Gateway founders on why musicians should embrace digital art: "EDM artists are just the perfect fit for NFTs" (EDM.com)  
  • If you haven’t followed NFTs, here’s why you should start. (TechCrunch)
  • NFTs, explained (Verge) 
Artist News
  • Joel Corry releases 'Bed' with David Guetta and RAYE. (DA) 
  • Nicky Romero returns with a new track ‘Back To You’. (DA) 
  • Mall Grab, Cressida, Tommy Holohan, Ketta and Happa feature on a compilation raising money for homelessness charity in Dublin. (RA)  
  • Gogo Penguin have announced a remix version of their self-titled fifth album, featuring remixes by Squarepusher, James Holden, Nathan Fake, 808 State and  Machinedrum. (RA) 
  • Todd Terry has released his sixth single of 2021, ‘I Was Dancing’. (DA) 
  • Jas Shaw, Simian Mobile Disco co-founder, has announced an EP trilogy, Sollbruchstelle I – III. (RA)  
  • Jayda G remixes Rhye's 'Black Rain'. (DA) 
  • Zeds Dead celebrate five years of Deadbeats with the launch of a new label, Altered States. (DA) 
  • NERVO has announced the launch of a $3,000 scholarship to celebrate Women's History Month. (EDM.com) 
  • Daft Punk collectables sales have skyrocketed after the band announced its split after 28 years. (Billboard)  
  • DJ Snake has tested positive for Covid-19. (EDMTunes) 
  • Swedish House Mafia and Columbia Records have amicably parted ways after only two years. Sources say the deal was worth more than $3m, but resulted in no new music from the trio. (Billboard)
  • Ibiza legend DJ Alfredo, has launched a crowdfund to help pay his living costs after struggling to cope without any work or income for a year and recently suffering a stroke. (Mixmag) 
  • UK house DJ and Ibiza favourite Pete Zorba has died from cancer aged 45. (RA) 
  • Italian DJ, producer, author, radio host and journalist Claudio Coccoluto has died aged 58 following a serious illness. (DJMag) 
  • New York house legend Angel Moraes has died aged 55. (RA) 
Recent newsletters

16 Apr 2024

And 1 - Melé
"I'm not picking this just because he's my mate, I was going to sample this tune, I had literally heard...

09 Apr 2024

Time - Carlita
"Carlita started releasing music way back in 2017, but really hit her stride during the past few years with releases...

02 Apr 2024

Ascendance - Elzace
"This week's ENT comes from a brand new act called Elzace. I don't think we played any Elzace music on...

26 Mar 2024

TAKA - Ahadadream, Priya Ragu & Skrillex
"Skrillex is back with his first release of the year collaborating with one of our Radio 1's Dance Future Stars,...

19 Mar 2024

Thandaza (feat. Arabic Piano) - Keinemusik & Alan Dixon
"This week's ENT comes courtesy of Keinemusik's &ME, Adam Port and Rampa. They have been lying low musically since the...

12 Mar 2024

Holy Ghost (Martin Solveig Remix) - Omah Lay
"Our ENT this week comes courtesy of a bit of a legend Martin Solveig. He's put together an inspired remix...

About IMS

IMS: International Music Summit is a global educational and motivational thought-leadership platform dedicated to the continued development of electronic music primarily through the presentation of global summits for the industry. 

About Beatport

Beatport is the worldwide home of music for DJs, producers, and their fans. Founded in 2004, the Beatport family of companies includes Beatport, the preeminent store for electronic music DJs, Beatsource for the open-format DJ community, and Loopmasters, Loopcloud and Plugin Boutique for music producers. Follow us on Twitch, Facebook and Twitter, and Instagram.

About AFEM

AFEM: A global voice for electronic music; representing our culture and commerce. AFEM's membership spans all industry sectors, with over 250 company members across 25 countries, the organisation connects its worldwide membership to develop opportunities and enable change.

About ROTD

Record of the Day has produced a subscription-based daily publication for the music industry for over 21 years, featuring all the best news and comment, along with an editorially-chosen future hit. Sign up for a free trial here.
Submit your news stories here.
About Industry Insider | Get in contact | Privacy policy | Terms and conditions
Brought to you by: www.recordoftheday.com