IMS Industry Insider

Pete Tong's Essential New Tune

The Return

Pryda

Pryda Recordings

out now

Comment
"This Week's ENT is from a man who is currently taking over the Theatre Room in Hï Ibiza, with his incredible visuals over in the White Isle every Monday night. I am talking about the one and only Eric Prydz. Alongside his Ibiza residency, he has also revived his most well-known alias, aka Pryda. Releasing the first new music under that name in half a decade. It is bold. It is ballsy. And it is full of attitude as you'd expect. The production is totally on point. He is the master, and he makes records that are supposed to be listened to loud. So turn it up."
This week's featured Essential New Tune was featured in last week’s Friday show on BBC Radio 1. Listen again and forward to 35.53 here.

Contact
Label: Mick Sershall, Pryda Recordings
Management: Mick Sershall, Sershall Management
Radio: James Jackson & James Marsh, Listen Up!
Club: Tia Cousins, Listen Up!
Live: Steve Hogan, WME

18 Jul 2023

Business

Karta, a metaverse studio for in-game experiential marketing, has secured investment from industry pioneers across the music, gaming, sports and finance worlds after a funding round. (RotD)
Los Angeles-headquartered payments and distribution platform Stem has announced plans to deploy $250m in artist advances as part of a new partnership. (MusicAlly)
Creative Artists Agency (CAA) is reportedly in “advanced” talks to sell a majority stake to French billionaire François-Henri Pinault. (DMN)
Dubai-based company FIVE Holdings has acquired a €320 million stake in Pacha Group. (RA)

News and Features

Universal Music Group has called on Congress to enact stricter artificial intelligence protections during the latest Congressional hearing on AI — 'You have an opportunity to establish legal clarity'. (DMN)
RA and Body Movements to host skill-sharing workshops and discussions in Hackney Wick on 22 July. (RA)
With a 15,000 capacity, London’s biggest new cultural space is to open in September in north London. Broadwick, the company behind spaces including Printworks will open Drumsheds as a venue for complete set builds, fashion shows, music events and more. (Guardian)
Nightlife leaders and drug safety organisations have condemned the government's testing licenses, which can take up to four months to be approved and require a permanent building address for testing sites. (Mixmag)

Brand Partnerships

Eats Everything has teamed up with Nissan to create breakbeat track 'Feeel', inspired by the noises of electric motorsport Formula E. (Mixmag)

Digital

With its own catalogue of over 200,000 audio samples, AI-powered music platform Loudly allows users to generate music compositions. (RotD)
Fanhouse, "one of the most prominent startups helping musicians and influencers to make money from their superfans" has been acquired by similar company Passes. (MusicAlly)
Spotify introduces new audience segmentation on Spotify for Artists. (Spotify)

Web3

Seven-year-old NFT ticketing platform GET Protocol announced a $4.5m “strategic seed round” and doubled down on plans to “significantly disrupt the ticketing industry.” (DMN)

Live

Welsh festival On Kilter was cancelled after the local council and police revoked the event’s licence at a last-minute hearing. (Mixmag)
Axwell Λ Ingrosso, Skrillex, Hardwell, DJ Snake, Adam Beyer, Peggy Gou and more have been confirmed for Ultra Japan. (EDM)

Comment, Opinion and Analysis

Will ByteDance build the first cultural graph for music recommendations? (Midia)
How building communities in the modern music business economy provides new opportunities – and challenges – around monetisation. (MusicAlly)
AI isn’t the music industry’s biggest problem: Here’s how to stop streaming fraud right now. (Variety)
Will Page on streaming pricing, music’s revenue ‘pie’ – and why the global record industry is more local than ever. (MBW)
Luminate released its 2023 midyear music report, providing a data-driven look at the state of the global music industry. (RotD) Among its findings were that global on-demand streams (audio+video combined) were up 30.8% from midyear 2022 to 3.3trillion; audio streams were up 22.9% and outside of the US and Canada, on-demand audio and video streaming in Asia were up 107%, South Africa (83%) and Latin America (70%). The report also highlighted that 112,000 new music tracks were being added to streaming services each day.

Tech

5 times DJs won when Serato + Pioneer DJ collaborated. (DJTechTools)
How to go DAW-less and make electronic music without a computer. (MusicRadar)
Denon DJ releases first-ever DJ controller using stem separation technology (DJMag)
We talk to Pete Cannon, DJ Formula and Vogue Renege about producing and even DJing with old Amigas – and how you can too. (Attack)

Beatport

Disclosure treat us to a new surprise album, 'Alchemy' (Beatportal)
Playlist of the Week: Fabio & Grooverider (Beatportal)
Artist of the Month: Gorgon City on constructing their 'Salvation' LP (Beatportal)
Watch: JFB x djay Streaming Sessions (Beatport)

Clubs

Ibiza:
A new beach club, Playa Soleil, has opened in Ibiza. (Mixmag)
Joseph Capriati's Metamorfosi party returns to Ibiza's Amnesia for its second residency. (Mixmag)
Diecast, a 5,000 capacity venue in Manchester, UK, has opened. (Mixmag)
London club fabric is planning to release a book next year and is asking for stories from the public. (DJMag)

Streams & Podcasts

Complex Sessions 073: LF System (Complex)
RA.893 Andrés (ft. Moodymann) (RA)
R3HAB @ S20 Festival, South Korea 2023 (DJMag)
Estella Boersma at The Lab Awakenings (Mixmag)
Daria Kolosova at The Lab Awakenings (Mixmag)
Channel Tres | Boiler Room x Primavera Sound Madrid x Cupra (Boilerroom)
HI-LO @ Ultra Music Festival Europe 2023, Resistance Stage (OliverHeldens)
W&W Live @ Ultra Europe 2023 (W&W)
Oliver Heldens @ Ultra Music Festival Europe 2023 (OlivierHeldens)

Artist and Music Features

Selections: Adiel (DJMag)
‘People will do drugs. Why not minimise the damage?’ The charity caring for tripped-out ravers. (Guardian)
Lost Boy: “Electronic music gives you the freedom to do whatever you want” (ElectronicGroove)
DJ Annie Macmanus: ‘It was a shock to realise I was lonely’. (Observer)
A synth whizz with a fondness for funk, Mogwaa talks about wanting to preserve 짝(Jjak) music, putting himself in the shoes of a dancer. (Mixmag)
C.005: Moodymann - The Spirit of Detroit (RA)
A new form of South African dance music is thriving. A pair of twin brothers, known as Major League Djz, want the rest of the world to pay attention. (NewYorker)
Chris Lake on threat of AI: "I think we can create things a computer absolutely cannot" (EDM)
"It's about curating something sonically that is sexy": Manuka Honey and La Favi in conversation. (Mixmag)
Bou: hometown hero (DJMag)
What is a booking agent? (and how to find the right one) (RA)
Paco Osuna’s NOW HERE residency runs rings around Ibiza’s mainstream club nights. (Mixmag)
At Kyiv's Strichka Festival, ravers dance in defiance (DJMag)
AVA Festival 2023: Belfast's rave haven for homegrown talent (DJMag)
Welcome to Drumsheds: The club that became a cathedral of culture (Standard)
Last orders: are sober ravers drying up UK nightlife? (Face)
How do you build an AI voice model marketplace? (FutureFiller)
AI in dance music: What do DJs and producers think of it? (BBC)
Trance never stopped rolling (NoBells)
How Techno was born: From Detroit to Berlin and back [video] (DWHistoryandCulture)
Girls Don’t Sync on curation, community and the Amazon Music Dance UK show (DJMag)
Polydor's Ben Mortimer on how the Chaos label is building a home for dance music's new generation. (MW)

Artist News

Eric Prydz revives Pryda alias with new single, 'The Return'. (EDM)
Disclosure release new album 'Alchemy'. (DJMag)
Kraftwerk to tour Australia and New Zealand. (DJMag)
UK techno DJ Kirk Degiorgio has announced that he will retire from DJing at the age of 56. (Mixmag)
Legendary Chicago producer, DJ, and ghetto house pioneer DJ Deeon has passed away. (Mixmag)

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