kobalt

Snapchat Will Pay Indie Music Artists Up to $100,000 Monthly for Top-Performing Songs

Snap has announced the Snapchat Sounds Creator Fund: Its first fund designed to support emerging and independent artists who distribute their music on the app via DistroKid. Starting…

Music Industry Moves: Em Beihold Signs With Sony Publishing; ‘Billie Eilish’ Rapper Armani White Inks With Def Jam

Sony Music Publishing has signed rising singer, songwriter and multi-instrumentalist Em Beihold to a worldwide publishing agreement. Her gold-certified single “Numb Little Bug” has been on the Billboard…

Universal Music Group Reports 17% Revenue Growth for 2022 Second Quarter

Universal Music Group racked up a strong earnings report for the second quarter of 2022, with about $2.7 billion in revenue, a growth of 17.3% in year-over-year in constant…

Facebook to Share Ad Revenue With Creators, Music Rightsholders on UGC

As rumored, Meta announced on Monday that it will be changing the way artists and music rightsholders are paid from Facebook, moving to a revenue-sharing model for user-generated…

Kobalt Music Removes More Than 700,000 Songs From Facebook and Instagram

Kobalt, one of the world’s largest music publishers, has removed its entire 700,000-song catalog from Facebook and Instagram in the United States, a rep for the company confirms…

Music Industry Moves: Tainy Extends Sony Music Publishing Deal, Pixelynx Taps Former Tidal CEO Richard Sanders

Sony Music Publishing has renewed its worldwide publishing agreement with Tainy, extending the deal which began in 2005. In a press release, Tainy said, “I am grateful that…

Brit Beat: Wet Leg Play the Longue Game in the U.S. After Topping the U.K. Charts

British indie rock sensations Wet Leg famously sang about having “a pack of warm beer that we can consume” on breakout hit “Chaise Longue”. But the duo –…

The Weeknd Signs Long-Term, Multifaceted Deal With Universal Music

Universal Music Group has announced a long-term partnership with the Weeknd encompassing recorded music, publishing, merchandise and video, the company has announced. The deal further builds upon the…