Ángela Aguilar has set her sights on success! The Princess of Mexican music has just signed a worldwide deal with performance-rights organization SESAC Latina, as it was announced by Variety.Always taking into consideration her parents advice, Angela has shared her thoughts on her decision to sign the deal, and how her family has influenced her to make the right choices in her professional career and personal life.“The people that I surround myself with are completely talented in what they do and they’re ambitious and creative,” she revealed, “They have so much experience that I lack of because I’m 18. Yes, I’ve been doing this since I was three years old but I’m still young and having mentors, like my parents and being under their record company [Machin Records] is an experience I’m grateful for.”The Mexican singer has achieved unimaginable things for her age, taking the Mariachi genre to the top of the Billboard regional Mexican airplay chart, with her single ‘Ahí Donde Me Ven’ from her album, ‘Mexicana Enamorada.’ The famous family are currently on tour promoting the album, joining her father Pepe Aguilar, her uncle Antonio Aguilar and her brother Leonardo Aguilar.“The experience that I have is just the four or five years of consciousness that I’ve been in this industry,” she said about her success in the music industry, “My family, of course, have told me about this struggle.
Global Music Biz Revenue to Double to $131 Billion in 2030, Says Bullish Goldman Sachs Report
14.06.2022 - 19:33 / variety.com
Jem Aswad Senior Music EditorEven as reports from Wall Street grow dark amid worries of a recession, Goldman Sachs predicts a booming decade for the music industry, with total music revenue to double to about $131 billion by 2030. The company’s annual “Music in the Air” forecast predicts that a combination of global streaming growth, emerging platforms like TikTok, the revival of the live music market and the ongoing strength of vinyl sales will drive the recorded music industry revenues to $52.3 billion by 2030, a $7.5 billion boost over last year’s prediction and more than double last year’s IFPI revenues of just under $26 billion.It is bullish on publishing as well, predicting that revenues will rise to $11.6 billion in 2030, up a cool billion from last year’s prediction for the year.
This rise is based on “higher [projected] streaming, physical and performance revenues,” the latter tied to a faster-than-expected recovery in the live sector following its near-total shutdown due to the pandemic. The upshot can be found in the report’s opening pages: “We expect consumer spend on music to remain resilient in a higher inflation/ weaker macro environment.
Our analysis shows that music remains one of the most undermonetized forms of entertainment, with spending still 40% below its historical peak, while consumption continues to grow year after year.”The report, written by analyst Lisa Yang, tempers some of its predictions for the coming year due to the “impact of a weaker macro” and the effect of Russia’s war on Ukraine, which largely removes both countries from the global music economy. However, it predicts a 12% growth in streaming, “driven by volume, price and emerging platforms” and that it will be “resilient in an
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Star Plus Unveils ‘Santa Evita,’ New Slate Including Robert de Niro-led ‘Nada’
Anna Marie de la Fuente Underscoring a push into more ambitious productions in Latin America, Star Plus, The Walt Disney Company’s year-old general entertainment and sports streaming service in the region, presented an early banner production, “Santa Evita,” at Conecta Fiction & Entertainment in a gala screening on June 22.Attendees of the Toledo, Spain-based forum got an exclusive preview of the pilot episode to the seven-part limited series, which is set to bow July 26 on Star Plus Latin America, Hulu in the U.S. and Disney’s Star label in the rest of the world.“Santa Evita” anticipates more “true life fiction” shows that Star Plus is developing, based on larger-than-life figures in Latin America’s culture and history.
‘Sonic The Hedgehog 2’ Dashes Past $400M Global Box Office Milestone
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Box Office: ‘Elvis’ Targets $30 Million Debut, ‘The Black Phone’ Aims for $15 Million
Rebecca Rubin Film and Media ReporterDirector Baz Luhrmann’s musical biopic “Elvis” dazzled at Cannes Film Festival, earning a 12-minute standing ovation. Will audiences respond with the same, sustained enthusiasm?According to early estimates, the Warner Bros. film is aiming to collect $30 million in its domestic box office debut over the weekend.
The ‘Halo’ Effect: Paramount+ Series Brings Global Audience to Streamer
Cynthia Littleton Business Editor“Halo” is a hit built for the future of TV.The Paramount+ drama-fantasy series based on the enduring video game franchise has done its job domestically for the streamer: It ranks No. 2 to “Yellowstone” prequel “1883” as the streamer’s most-watched original series on Paramount+, and it fueled sign-up activity for weeks around its March 24 debut.But Paramount Global’s real payoff for investing nearly $10 million an episode on the series is just starting.
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How Justin Tranter’s Facet Records and Publishing is Transforming the Music Biz From Within
Mike Wass From the moment Justin Tranter took the stage as the lead singer of ‘00s rock band Semi Precious Weapons in six-inch heels and a full face of makeup, they had their eye on the bigger picture. “My goal was always to be on the cover of Forbes, not the cover of Rolling Stone,” says Tranter, “and I am just getting started.”As the founder and CEO of Facet Records and Publishing, Tranter is revolutionizing the music industry from within and racking up massive hits in the process.