United States recorded music revenues grew 9.2% in 2020 to $12.2 billion at estimated retail value. This is the fifth consecutive year of growth for the industry, as paid subscription services continued to be the primary driver of revenue increases, and reached a record number of subscriptions.
“Twitch continues to turn a blind eye to the same users repeatedly violating the law while pocketing the proceeds of massive unlicensed uses of recorded music…Twitch’s claim that it responds to takedown requests it considers ‘valid’ fails to show good faith with music creators.”
“Billie Eilish, Rihanna, Meek Mill, Mariah Carey and Megan Thee Stallion are among the hundreds of artists, actors and organizations who have signed an open letter supporting two police reform bills in California.”
“Members of the music and entertainment industries have released an open letter to Congress calling for major police reforms and voicing support for the Justice in Policing Act of 2020 in the House of Representatives.”
“Hundreds of members of the music community, including artists, managers, publishers, trade groups, executives and record labels, signed an open letter Monday (June 8) calling for New York state to repeal statute 50-A…”
“The federal government clearly has more to do and a united music community will be there to help. That means a new COVID-19 relief bill that deepens relief to small businesses and independent and self-employed workers, not just in music but across the broader economy.”
“There is no sugarcoating this: the entire live entertainment industry has been decimated,” several groups, including the Recording Industry Association of America (RIAA), wrote to congressional leadership on Friday.