Warner Music Group’s Post

As CEO of the Music Venue Trust, Mark Davyd campaigns to keep the nation’s grassroots music venues open. And he says there are serious ramifications every time a venue closes… Listen to the full episode - https://pods.to/tmt23

It's the second major acquisition of an indie company by UMG this year after [PIAS]. Another serious setback for the independent sector? Virgin Music Group — Universal Music Group‘s services and distribution division for the independent sector — has entered into “a definitive agreement” to acquire independent music company Downtown Music Holdings LLC for $775 million (approximately €737m) in cash. The acquisition is subject to regulatory approvals and is expected to close in the second half of 2025. https://lnkd.in/ef8pzKCK

At Sound NSW, we're committed to creating a vibrant, inclusive, and sustainable music industry. The NSW Contemporary Music Strategy is built on three strategic pillars designed to empower our industry and communities: 1️⃣ Building a better, more viable music industry: this includes prioritising and protecting First Nations music, strengthening the live and recorded music ecosystem, future-proofing the industry through upskilling and collaboration, and improving industry capacity, diversity and safety standards.    2️⃣ Growing audiences for NSW music: this includes championing NSW music, building insights and knowledge, and expanding international markets.    3️⃣ Strengthening our communities with music: this includes supporting music communities including regional NSW.  Together, these pillars represent a bold step forward for our music industry, building a future that supports both creativity and sustainability. Read more about the pillars: https://lnkd.in/gDJnNfav #SoundNSW #ContemporaryMusic #SupportLocalMusic #FirstNationsMusic #LiveMusic #MusicCommunity #MusicIndustry __ Image credits: 1) The Buoys' merch desk at Factory Theatre, Marrickville. Photo by Samantha Quintal. 2) BARKAA performing at Darwin Festival, Larrakia Country. Photo by Renae Saxby. 3) Ian Burns performing at the 2024 Senior CMAA Academy of Country Music, Moonshiners Bar, Tamworth. Photo by Tracy Beveridge, Roaming Creatives.

Big news for the UK’s live music scene! 🎶 The Creative Industries Minister has called for a voluntary ticket levy on stadium and arena events to provide vital support for grassroots music venues, which are the backbone of our £6.7 billion music industry. 👏 At GigPig, we believe in the value of grassroots music and its role in sustaining local economies, nurturing talent, and keeping live music alive. This is why we support this move to keep the creative pipeline thriving and maintain a strong music ecosystem. 🐽 The relentless campaigning by Music Venue Trust has made this historic move possible. They’ve called it “the single most significant shift in the UK music industry in over 50 years.” ✨ This comes at a crucial time for grassroots venues, as the sector faces rising challenges - including 125 closures last year and increased business rates looming in April. What’s your take on the ticket levy proposal? Share your thoughts in the comments below. 👇 #LiveMusic #GrassrootsVenues #MusicIndustry #Sustainability https://soamp.li/m5ni

Earlier this month we launched the NSW Contemporary Music Strategy.   The strategy is a 10-year roadmap dedicated to fortifying our state's vibrant music industry, and focuses on upskilling talent, enhancing industry conditions and infrastructure, and championing NSW music on both local and global stages.   By fostering a thriving music scene, we're not only enriching our cultural landscape but also contributing significantly to the NSW economy.   Join us in celebrating this milestone and check out some of the highlights from the launch event in the video below 👇 #NSWContemporaryMusicStrategy #SoundNSW #MusicIndustry #NSWGovernment #ContemporaryMusic #AustralianMusic 🎶 PEPTALK - Hey!

Kirkland is advising Virgin Music Group on the proposed acquisition of Downtown Music Holdings LLC for cash consideration of $775 million.

We’re honored to share that Bandsintown Group co-founder and managing partner, Fabrice Sergent, has been appointed to the NIVA - National Independent Venue Association Advisory Board, joining a team of live entertainment leaders who are committed to the growth and empowerment of independent venues. This deepens a partnership that has already birthed the groundbreaking Live Independent certification program for independent venues, promoters, and festivals across the U.S. Learn more about this partnership and what it means for live music: https://lnkd.in/gBJNQN7v

In today's music business environment, it appears as if AI-driven music will continue to take market share from the largest music rightsholders, defining the music business of tomorrow. It is not impossible for these music rightsholders to thrive in this ‘new normal’. But, due to a number of threats to their dominance, the global business’s power balance is irrevocably changing. #AIinmusic #musicbusinessworldwide #newnormal https://hubs.ly/Q02yp7gR0

Assent is hosting it's yearly conference and now is the time to register, last day for early bird pricing. Why not bring your team and use the time to team build and have a great time learning. #sustainabilty #compliance #supplychain

🎵 Exciting news for musicians and music industry professionals! The Music-Domain is not the only domain dedicated to music. Find out more in this article. #MusicIndustry #Domain #Musicians 🎶 Check out the article here: [Link] Choosing the right domain is crucial for musicians, dancers, and everyone in the music industry. Learn more about the options available and how they can impact your online presence. Stay tuned for more updates! https://ift.tt/zjiRLHS