Music Industry News – Spotify's Noteable / TikTok and UMG's deal / Music Biz generates 50 cents



Spotify is set to launch a new site called Noteable, dedicated for writers and composers to receive news updates on relevant products and services as well as chances to connect. The company created a songwriters hub last December on its service and provided publishing analytics and songwriter profile pages to its Instagram video series over the last couple of years.

After striking deals with Sony Music in November and Warner Music Group in December, video app TikTok announced a global licensing deal with Universal Music Group (UMG) this week. As a result, TikTok users will now be able to incorporate clips from UMG’s full catalog of music. The news immediately follows Universal pulling its catalog from TikTok’s biggest rival, Triller.

According to a new economic impact report released this week by the RIAA, the US music industry’s total impact on the country’s economy grew to $170 billion in 2018, generating an additional 50 cents of revenue on every dollar earned for adjacent industries such as tourism, hospitality and marketing. It “charts a course for state and federal policymakers to leverage music’s ability to produce strong economic growth and high-paying domestic jobs,” said Josh Friedlander, senior vp research and economics at the RIAA.

“Ways And Means” – Rev Peyton’s Big Damn Band: www.youtube.com/watch?v=Tw1g_2NPjoI

Instagram: www.instagram.com/exploration.io/

Twitter: twitter.com/explorationio

LinkedIn: www.linkedin.com/company/exploration

Facebook: www.facebook.com/Exploration-233113100184682

YouTube: www.youtube.com/channel/UC80DStgkJmdD_g8e8HCscbg

SoundCloud:@helloexploration

PodBean Podcast:explorationgroup.podbean.com/

#Spotify #Noteable #TikTok #UMG #MusicBiz #Exploration

You can view the original video HERE.



Louise Fletcher, Oscar-Winning One Flew Over the Cuckoo’s Nest Star, Dies at 88
Smile movie review & film summary (2022)
A Captivating Plot Comes into Focus
Pierce Brosnan Recalls Meeting Robin Williams for First Time on Mrs. Doubtfire Set
The Blockbuster World Video Game Championship to return for the first time since the 90s
BLACKPINK make history as first K-pop girl group to bag a Number 1 UK album – Music News
Fred again.. shares ‘Bleu (better with time)’ and announces two more Brixton Academy gigs
Help Musicians launches new charity for Musician’s Mental Health – Music News
Days of Our Lives Review Week of 9-19-22: THAT’S Who Killed Abigail?
The Goldbergs Showrunners Say They “Wanted to Honor” Jeff Garlin’s Character
Watch Law & Order Online: Season 22 Episode 1
Candace Cameron Bure and Jodie Sweetin Celebrate 35th Anniversary of Full House
Pac-12 boss: ‘Significant’ concerns on UCLA move
Student allegedly tied nuclear threat to Utah loss
Dynamic duo: Federer pairs with Nadal for finale
Ronaldo eyes Euro ’24: My ‘road is not over yet’
James Earl Jones Signs Over Rights To Voice Of Darth Vader, Signalling Retirement From Legendary Role
’90s Teen Movie Easter Eggs in Do Revenge
Johnny Depp and Attorney Joelle Rich Dating During U.S. Heard Trial
Anthony Mackie Talks About The 1 Chris Evans Captain America Fight Scene That He Would Like To Compete Against With A Fight Scene Of His Own
Best Modern Wedding Dresses to Shop 2022
Daily News: Paris Hilton Closes Versace’s Show, Kate Foley’s New Gig, Sadie Sink Is The New Face Of Stella McCartney, How Cat Marnell & Julia Fox Go Way Back, And More!
The Eloquii Bridal Collection Is For Every Bride
Kendall Jenner Fall Sweater Vest | Photos