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Here’s Part 2 of the winners and losers of 2024 in streaming, artist, and record label with Zack O’ Malley Greenburg. We talked about the shifting terrain of the music industry, down to the decline of festival headliners and the emergence of “Peak Superstar”. Hope you enjoy!
02:00 Live music - winners and losers
08:22 M&A - winners and losers
24:38 Comeback players of the year
28:13 Honorable mentions
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Here are our winners and losers of 2024 in streaming, artist, and record label. Part 2 coming in a few days. Hear me and Zack O’ Malley Greenburg break it all down!
00:00 Streaming - winners and losers
15:23 Artist - winners and losers
26:00 Record Label - winners and losers
Listen in for our Chartmetric Stat of the Week!
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Here’s my fireside chat with Eliah Seton, CEO of SoundCloud, from our Trapital Summit. We talked about the company’s sale process, how it became profitable, SoundCloud as a platform for tastemakers, and more. Hope you enjoy!
06:25 Connecting music creators and fans
07:48 How SoundCloud became profitable
13:30 Adding value for superfans
20:24 Helping smaller artists monetize and engage fans
25:26 The latest on the sale process
29:42 AI and artist autonomy will alter music
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Here’s my fireside chat with Tunji Balogun, Chairman and CEO of Def Jam, and our Trapital Summit. We talked about the evolving landscape of Universal Music Group, fluidity of music genres, the state of hip-hop, and the role of artist development. Hope you enjoy!
04:31 Def Jam's evolution
11:32 Hip-hop’s current state and influence across genres
20:29 Artist development
28:11 Afrobeats' global rise.
This episode was brought to you by music creation platform Splice.
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At our Trapital Summit, we had a fireside chat on the overlooked areas of music with Splice CEO Kakul Srivastava and MIDiA Research’s Tati Cirisano. They discussed why it matters to invest in the new generation of talent, the tension between creators and rightsholders, and AI’s influence in music creation. Hope you enjoy!
08:22 Exploring differences between recorded music and creator tools.
08:56 Focus on creative vision, subscription model success.
12:34 Creating tools for human-centered artistic expression.
16:31 AI enhances music accessibility while preserving creativity.
20:23 Striving for better tools, UI in post-AI.
21:48 Music's influence grows beyond TikTok expectations.
25:34 Focus on nurturing young creators and fans.
26:36 Conversations between creators and rights holders challenging.
This episode was brought to you by Hangout. All your music in one place.
Listen in for our Chartmetric Stat of the Week.
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At our Trapital Summit, we had to talk about Founder Mode vs. Manager Mode. We were joined by the founder and CEO of Believe, Denis Ladegaillerie. Believe is global music company that owns TuneCore and had its IPO in 2021. But in 2024, a consortium led by Ladegaillerie tried to take the company private, while fending of a takeover attempt from Warner Music Group.
We talked about that experience, Believe’s plans to 2025, and more.
Note: This conversation was recorded on October 3, 2024, before Universal Music Group’s claims for copyright infringement from Believe. The topic was not discussed in our conversation.
This episode was brought to you by Amy Allen, who is shaping today’s music one hit at a time. For your awards consideration.
Listen in for our Chartmetric Stat of the Week.
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The global value of music copyright is now $45.5 billion. In this episode, we'll explore the global music market with friend of the pod, Spotify’s former chief economist, Will Page. We examine how glocalization is transforming the industry from Colombia to Brazil, Mexico, and beyond.
We'll also discuss the difference between value and volume, streaming revenue, the need for better measurement of emerging markets, and more.**
Stay tuned as we unravel the complexities and opportunities of the music world's evolution. Let’s dive in!
04:13 Vinyl’s growth and impact
07:02 The North-South divide
12:36 The State of Streaming
15:36 Non-American artists
17:17 Colombian music - import and exports
25:20 Brazilian market dynamics
26:58 Looking beyond market share
This episode was brought to you by Too Lost, the all-in-one technology solution for musicians and record labels. Learn more here.
Listen in for our Chartmetric Stat of the Week.
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Aubrey Graham has taken two legal actions against Universal Music Group, Spotify, iHeartMedia, after the success of "Not Like Us." Are Drake's claims of inflated streams and defamation of character valid? Even if they are, what is Drake's end game with all of this?
Listen to me and Brian "Z" Zisook, Audiomack co-founder, break it all down.
This episode is brought to you by elgato, my go-to for podcasting.
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Here's my fireside chat with Venice Music CEO and co-founder, Troy Carter, live from the summit. We talked about the shift to independence, the need to sell more than just an audio experience, why it's a sellers market for music distributors, and the next revenue driver for music will be after streaming.
We'll be sharing more conversations from the summit over the next few weeks!
This episode is brought to you by Hangout, the new social music platform.
Listen in for our Chartmetric Stat of the Week.
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TikTok has had quite the 2024, especially in music. The year started with a very public dispute with UMG. But TikTok also saw the rise of SoundOn, the end of TikTok Music, lingering threats of a US ban, the force of TikTok Shop, and more.
Join me and MIDiA’s Tati Cirisano as we break it all down.
Sponsors:
HubSpot: download your free AI playbook here.Chartmetric: check out our Stat of the Week! -
Here’s another great fireside chat from our Trapital Summit. Listen to Warner Music Group’s chief digital officer Carletta Higginson and MIDiA Research’s Tatiana Cirisano discuss AI’s impact on music, and the ongoing tug-of-war for startup founders asking for permission vs forgivenes.
Higginson has seen it from all sides of the table; as an attorney, at YouTube, and now at a major label and rights holder.
Enjoy!This episode was brought to you by Too Lost, the all-in-one technology solution for musicians and record labels. Learn more here.
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The NFL and Roc Nation just renewed their five-year partnership to lead the Super Bowl Halftime Show production and its Inspire Change Initiative. Let’s dive into what led to the initial deal in 2019, how it’s gone, Jay Z’s involvement, the twists, turns, and whole lot more. Join me and Zack O’Malley Greenburg as we break it all down.Sponsors:
CD Baby: https://cdbaby.com/Splice: https://splice.com/Chartmetric: https://www.trapital.com/chartmetric -
Here's my fireside chat with the Founder and CEO of HarbourView Equity Partners, Sherrese Clarke Soares, live from the Trapital Summit. We talked about the future of music rights, future-proofing assets, media companies, sports, and more.
We'll be sharing more of our conversations from the summit on this feed, so stay tuned for that!
This episode is brought to you by elgato, my go-to for podcasting tools. Learn more here. Listen in for our Chartmetric Stat of the Week.
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Big news! The Recordings Academy announced that in 2027, the show will move to Disney and be broadcasted on ABC, Disney+, and Hulu in a new deal worth over $500 million. This is a huge loss for CBS, the home to music's biggest night since the early 1970s.
In this episode we break down the reasons for the move, along with upcoming storylines from the 2025 Grammys in February. I'm joined by LA Times pop music critic, Mikael Wood!
This episode was brought to you by elgato, my go-to for podcasting tools. Learn more here.
This episode was brought to you by FUGA, a Downtown-owned company empowering independent music. Learn more here.
Make sure you check out our Chartmetric Stat of the Week!
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Here's my fireside chat with the Founder and CEO of EMPIRE, Ghazi, live from the Trapital Summit. We talked about the success behind his label's hit record, Shaboozey "A Bar Song (Tipsy)," the rise of indie music, and why he will never sell his company.
We'll be sharing more of our conversations from the summit on this feed, so stay tuned for that!
This episode is brought to you by music creation platform Splice, the world’s best sample library. Learn more here.
Listen in for our Chartmetric Stat of the Week.
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Please take our annual listener survey here!
There's arguably no executive more synonymous with the music business than Clive Davis. His influence still shapes the industry today. From his creative and business balance, to the outlook for newer genres, and the salacious scandals. In today's episode, we break it all down with Zack O'Malley Greenburg, who interviewed Davis years ago for his 2012 autobiography. Hope you enjoy!
Sponsors:
TIDAL: This episode is brought to you by TIDAL, who are building the hub for artists to manage and grow their careers. Learn more here.
Listen for our Chartmetric Stat of the Week
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Can you fill out Trapital's short 5-min annual survey? We want to learn more about you and get your feedback to help make Trapital even better.
Trapital has evolved quite a bit. Our newsletter and podcast continue to get great feedback. Our reports and events have become a cornerstone of what we offer to the community.
Your survey responses will help shape the topics we cover, events we plan, and the sponsors and partners we include that will be most relevant to you and your businesses.
Can you spend 5 minutes and fill out our survey? It's quick, short, and to the point. Even if you've filled out our surveys in previous years, we still want to hear from you.
Thanks in advance! We'll be back next week with a new episode.
Here's the survey:
https://trapital.typeform.com/to/q6mDOFEt
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It's crisis management time for Drake. He's in rare territory right now as his reputation has taken a hit. What should his next moves be? What's realistic and what's not? How did we get to this point in the first place?
I'm joined by journalist and author, Sowmya Krishnamurthy. We break down Drake's career and what's ahead for Aubrey Graham. Enjoy!
Thank you to our sponsors:
Songtrust - Start your music publishing journey today
Chartmetric - Providing our Stat of the Week!
Check out Sowmya's book, Fashion Killa: How Hip-Hop Revolutionized High Fashion
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A few big updates on our Trapital Summit in LA on October 3! Tickets are available here. Use promo code RUNCIE for a discount.
You'll hear from Issa Rae, (writer, producer, actress), Denis Ladegaillerie, (Founder and CEO, Believe), Kakul Srivastava (CEO, Splice), Tunji Balogun (Chairman and CEO, Def Jam), Sherrese Clarke Soares (Founder and CEO, HarbourView Equity Partners), Eliah Seton (CEO, SoundCloud), and Troy Carter (Co-Founder and CEO, Venice Music), Larry Jackson, (Co-Founder and CEO, gamma.), Carletta Higginson, (EVP Chief Digital Officer, Warner Music Group), and Tatiana Cirisano, (Senior Analyst and Consultant, MIDiA).
Thanks again to the companies who supported our summit to help make it possible. Our platinum partner is Splice, gold partners are Tidal and Warner Music Group, silver partners are SoundCloud and Too Lost, and our bronze partner is Luminate.
We still have some tickets available. You can get them here using promo code RUNCIE for a 10% discount!
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Were you "silent" or "silenced"? We explore Oprah career, from her rise in broadcast, impactful television show, lucrative syndication deals, and how it helped her become a billionaire. We breakdown each of her business ventures, including her book club, magazine, OWN, and various partnerships with Weight Watchers and Apple TV+.
I'm joined by Zack O'Malley Greenburg, Listen wherever you get podcasts!
Episode sponsors:
-State Farm - the coverage for your small business needs: https://shorturl.at/Euwjl
-Chartmetric - providing our stat of the week! https://trapital.co/chartmetric/
Make sure you check out our Trapital Summit. Tickets are still available! https://trapital.co/summit/2024
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