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Elliot Grainge’s 10K Projects, Create Music Group Invest In Homemade Projects, Launch New Record Label Targeting Gen Z

Homemade Records will release new music before 2020 Despite its quaint name, digital marketing firm Homemade Projects is a music juggernaut. The firm has worked on online campaigns with musicians like Travis Scott, 6ix9ine, G-Eazy and Metro Boomin. Collectively, its roster tipped 1 billion streams. Those metrics appealed to 26-year-old music entrepreneur Elliot Grainge (son of Lucian)....

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Trax Records’ Rachael Cain Talks House Music’s ‘Enduring, Spiritual’ Quality on the Label’s 35th Anniversary

House music is Midwestern at its core: Forged in defiance of New York’s disco and punk waves, the underground electronic genre first circulated within Chicago’s hip late-1970s DIY circuit. At local dance clubs The Warehouse and The Music Box, early pioneers like producer-DJs Frankie Knuckles, Ron Hardy and Larry Heard (aka Mr. Fingers) spread a gospel of inclusivity...

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Universal Music Refreshes Nordic Team as Per Sundin Exits for ABBA’s Pop House

BERLIN — Universal Music Central Europe announced on Wednesday a series of executive changes within the Nordic region as it expands its core team and operations within the region. Per Sundin, managing director, Universal Music Sweden and president, Universal Music Nordic Region will step down from his current role at UMG to take up the...

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Spotlight: Father/Daughter Records’ Jessi Frick & Tyler Andere Provide a Platform for Queer and Non-White Artists

“I’ve wanted to create a space here for the kind of world I want to see in the music industry.” Over the last nine years, Father/Daughter Records owner Jessi Frick has put together one of the most diverse artist rosters of any label around. And in so doing, she’s been quietly building influence with one of the most...

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Did Scooter Braun Overpay for Big Machine Label Group? Not at All

Scooter Braun‘s acquisition of Big Machine Label Group — and the master recordings for Taylor Swift‘s first six studio albums — is music’s most compelling transaction so far this year. The $300 million price tag for the Nashville-based “major indie” company is triple what BMG paid for another large Nashville indie label — BBR Music...

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Whole Lotta Nostalgia: Inside Veteran Hitmaker Pat Boone’s The Gold Label On Its 20th Anniversary

Twenty years ago, Pat Boone was mad as hell. Despite having sold over 45 million records and earning nearly 40 top 40 hits, the singer-songwriter of “Love Letter in the Sand,” “Speedy Gonzalez” and more found himself at the turn of the millennium out of favor and away from the spotlight. Like so many singers from that...

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Universal Music Group Earnings Highlight Streaming Boom’s Growing Revenues and Margins

Look over Universal Music Group’s latest earnings, released Thursday by parent company Vivendi, and two things stand out: revenue grew 18.6% while earnings (before interest, taxes and amortization of intangible assets such as music rights) jumped 43.6%.  Revenue and EBITA have a simple rule of business physics: when EBITA has a larger growth rate than...

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Wayne ‘Wayno’ Clark Joins Asylum Records as VP, A&R: Exclusive

Wayne “Wayno” Clark has been appointed vp, A&R at Warner Music Group’s Asylum Records. Based at the label’s New York headquarters, Clark reports to Asylum general manager Gabrielle Peluso. Clark’s oversight at Asylum — relaunched in the U.S. in 2017 — involves fostering the label’s next generation of talent, including rapper Ugly God (platinum-certified “Water,” “Hello”)...

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How Indies Are Boosting Their Music Through Docs & Biopics

‘The Dirt’ sparked a 300% uptick in the streaming of Motley Crue’s catalog; what can others learn from its success? Billboard’s May 25, 2019 cover story on music biopics and documentaries detailed the push by major labels and publishers to monetize their catalogs via film, TV and streaming – but the indies are getting in on the...

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Andrés Saavedra Named VP of A&R UMLE, Machete Music & Capitol Latin

Andrés Saavedra, an award-winning music industry veteran, has been named vice president of A&R as part of Universal Music Latin Entertainment, Machete Music and Capital Latin, according to a spokesperson with Universal Music. Saavedra, based in Miami, has a tenure of credits that includes working with artists such as Sebastian Yatra, Nacho, Luis Fonsi, Tommy Torres,...

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