BMG Revenue Up 10% in 2021

K.J. Yossman Banijay, the production juggernaut behind shows including “Starstruck,” has posted revenues of £102.1 million ($130 million) in its latest U.K.

Netflix has long been asked whether it would eventually move into live sports.

Disney+ has just announced their second renewal of 2022!

BMG has announced more details about new David Bowie film ‘Moonage Daydream’, described as “a definitive new portrait of David Bowie”, and the first film to be officially sanctioned by Bowie’s estate.It’s directed by Brett Morgen who has, and I quote, “synthesised David Bowie’s music and art into a sublime kaleidoscopic experiential cinematic odyssey that explores Bowie’s creative, spiritual, and philosophical journey”.“With never-before-seen footage, performances, and music”, the official pitch goes on, “the film is guided exclusively by Bowie’s narration. The motion picture features 47 musical tracks, mixed from their original stems.

The full-year national average for 2020 was approximately $2.17 per gallon, though that low price was obviously a by-product of the COVID-19 pandemic. For those curious, the lowest gas-per-gallon price was $1.77, which happened in April 2020, just after the severe contraction of the U.S.

The CMT Music Awards’ move to CBS and Paramount+ paid off on Monday night, growing 521% in viewers from its 2021 iteration.

Thania Garcia U.S. Latin music revenue soared in 2021, with a huge 35% increase to $886 million — the highest figure in history, before adjusting for inflation — according to a new RIAA report issued Tuesday.

Naman Ramachandran The U.K. consumer games market was valued at £7.16 billion ($9.4 billion) in 2021, a growth of 1.90% from £7 billion in 2020, according to the annual valuation report released by trade body, the Association for U.K. Interactive Entertainment (Ukie).The sector grew a record 30% from £5.35 billion in 2019 to £7 billion in 2020, but that was fuelled by a surge in demand due to the COVID-19 pandemic.

The Association for UK Interactive Entertainment (Ukie), the country spent £4.28billion on games across console, mobile and PC. £1.65billion in sales went to digital purchases on console, which pulled slightly ahead of the £1.46billion spent on mobile games through the year.

CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last week, including the latest stats from the IFPI showing that global recorded music revenues grew 18.5% in 2021, plus a whole load more stats from Spotify aiming to fend of criticism about the money artists and songwriters earn from the platform (although possibly not doing that good a job of it).SECTION TIMES01: IFPI stats (00:05:50)02: Spotify stats (00:31:13)(Timings may be slightly different due to adverts)SUBSCRIBE TO SETLISTListen to Setlist and sign up to receive new episodes for free automatically each week through any of these services…Acast | Amazon Music | Apple Podcasts | audioBoom | CastBox | Deezer | Google Podcasts | iHeart | Mixcloud | RSS | Spotify | Stitcher | TuneInSTORIES DISCUSSED THIS WEEK• Global record industry revenues grew 18.5% to $25.9 billion in 2021• Spotify paid $7 billion to the music industry last year – and other fun stat bragsALSO MENTIONED• Shape Of You song-theft court case concludesMORE FROM CMU• Upcoming CMU webinars• Buy MMF and CMU Insights’ Dissecting The Digital Dollar book on Amazon• Sign up to receive the CMU Daily news bulletin

Last month, the Academy of Motion Pictures Arts and Sciences asked fans to vote for their favorite movies of the year and the organization said the winner would be announced during the 2022 Oscars.

Travis Scott has performed live for the first time since the crowd crush tragedy at his 2021 Astroworld Festival, which killed 10 and left many others injured.As reported by TMZ, Scott delivered a short set at a private pre-Oscars party on Saturday night (March 26). The Bel Air event was reportedly attended by a host of celebrities, including Leonardo DiCaprio, Venus and Serena Williams, Tobey Maguire, Kaia Gerber and more.Scott’s brief performance was reportedly a combination of rapping and DJing, with footage from the party showing him delivering his 2018 hit ‘Sicko Mode’.

Spotify has revealed that it paid $7billion (£5.3billion) to artists last year.The news was published via its Loud And Clear website, which aims to “increase transparency” around payments.The streaming giant said that 56,200 musicians received more than $10,000 (£7,500) from Spotify last year and 130 of these were paid more than $5m (£3.8m).However, the figures shared don’t include the final figure the artist receives once labels and publishers have taken their share, which means the money they receive is often much lower. Songwriters and session musicians receive even less.The service has come under fire previously for its low artist payments, with the likes of David Byrne, producer Tony Visconti and David Crosby all criticising the platform recently.Visconti described the streaming service as “disgusting” over its low payments to artists.

Jem Aswad Senior Music EditorSpotify paid $7 billion in royalties to rights holders — primarily labels and publishers, but also distributors, performing rights organizations and others — in 2021, the company announced on Thursday in its annual “Loud and Clear” report.That total is more than any other service — with more than 180 million paying subscribers, Spotify is the top paid-subscription music service in the world by far — and sets the record for the highest annual payment from any single retailer in history, including during the height of the CD era, according to the announcement. (Because Spotify’s data is proprietary, it is not possible to cross-check all of these numbers with accuracy — see the full report here.) The report also states that in 2021, for the first time, more than 1,000 artists generated over $1 million on Spotify for rights-holders.

Kate Ferdinand felt "really alone and quite isolated" on Mother's Day last year because her husband Rio Ferdinand and her step-children have lost their mums. The 30-year-old star is a step-mum to her retired footballer husband Rio's three kids, Tate, 13, Lorenz, 15, and Tia, 10, who he shared with his late wife Rebecca Ellison, who died in 2015 from breast cancer aged 34. Former England star Rio also lost his mother, Janice, to cancer in 2017 when she passed away aged 58, and Kate admitted that while it was her first ever Mother's Day as a mum last year, she didn't feel it would be right to celebrate the day.

AT&T’s chief executive John Stankey had a $24.8 million salary in 2021, as compared to his $21 million pay the year prior and $22.5 million earnings in 2019, per the telecommunications giant’s Securities and Exchange Commission filing made available Tuesday. While the CEO made a base salary of $2.4 million in 2021 (slightly higher than his $2.05 million in 2020), he received stock awards valued at $13.42 million. However, Stankey’s non-equity incentive plan more than doubled from $3.25 million to $6.88 million from 2020 to 2021.According to the filing, CFO Pascal Desroches received $11.7 million overall compensation in 2021, his first year in the position.

Jennifer Maas TV Business WriterAT&T CEO John Stankey’s pay for 2021 rose 18% over the previous year to $24.8 million, per the company’s SEC filing Tuesday.His base salary for the year was $2.4 million, with a non-equity incentive plan compensation of $6.88 million.