The Town with Matthew Belloni cover image

The Town with Matthew Belloni

Five Major Music Business Questions After the Grammy's

Feb 5, 2024
Discussions include Taylor Swift's Grammy win and album announcement, the impact of TikTok on music consumption and the decline of hip hop in the Grammy's, diversity in the Grammy's and The Sphere's commercial success, exploring large venues and performance locations, and debating headliners for a music venue and discussing the Grammy's.
32:21

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Quick takeaways

  • Legacy artists showcased their power and relevance in the streaming era during the Grammy Awards, driving consumption on streaming platforms.
  • The ongoing battle between Universal Music Group (UMG) and TikTok over licensing and revenue sharing highlights the impact of this dispute on the music industry and the relationships between artists, record labels, and streaming platforms.

Deep dives

Legacy artists and shifting demographics of music consumption

The Grammys showcased the power and influence of legacy artists in the streaming era. Performances by Tracy Chapman, Joni Mitchell, Annie Lennox, and Billy Joel highlighted their continued relevance and their ability to drive consumption on streaming platforms. Legacy artists, whose music makes up a significant portion of music consumption, have gained power and recognition in the industry.

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