Musosoup’s Industry Noodles: 4th October
Welcome to Musosoup’s Industry Noodles, where we serve up the juiciest music industry news for emerging artists! Grab your chopsticks and let’s dive into this week’s highlights.
UK’s PPL Paid Out Over £21M to Performers and Rightsholders in Q3 2024, Up 30% YoY
The UK’s PPL has announced a significant payout of over £21 million to performers and rightsholders in Q3 2024, marking a 30% year-on-year increase. For emerging independent musicians, this is a promising sign of the growing value and recognition of music rights. Ensuring your music is registered with PPL can help you tap into these earnings, providing a steady income stream from your performances and recordings.
Handy Links:
Guide to registering your music with PPL
Spotify Reveals Global Surge in French-Language Music & Podcast Consumption
Spotify has reported a global surge in the consumption of French-language music and podcasts. This trend highlights the increasing diversity in listener preferences and the potential for independent artists to reach new audiences by exploring multilingual content. If you’re an emerging artist, consider incorporating different languages into your music to broaden your appeal and tap into new markets.
Handy Links
Beatport Opens Applications for $150K Diversity & Parity Fund
Beatport has opened applications for its $150,000 Diversity & Parity Fund. This initiative aims to support underrepresented communities in the music industry. For independent musicians, this fund offers a valuable opportunity to secure financial support for your projects, helping to level the playing field and promote inclusivity in the music scene.
Handy Links
YouTube Shorts Are Getting Longer with New Three-Minute Limit
YouTube has extended the maximum length of Shorts to three minutes. This update provides independent musicians with more flexibility to create engaging content, such as music videos, behind-the-scenes footage, and promotional clips. Leveraging this platform can help you connect with your audience in a more dynamic and impactful way.
PRS for Music Says Songwriting as a Profession is Growing
PRS for Music has reported growth in songwriting as a profession. This trend underscores the increasing opportunities for songwriters to earn a living from their craft. For emerging musicians, focusing on songwriting can open up additional revenue streams through royalties and licensing deals, making it a viable career path.
Handy Links
PRS’ guide on how to make money from your songs
BPI Sets Out Its Five-Year Diversity, Equity, and Inclusion Plans
The BPI has outlined its five-year plans for diversity, equity, and inclusion. These initiatives aim to create a more inclusive music industry, offering more opportunities for artists from diverse backgrounds. Independent musicians can benefit from these efforts by accessing new resources, networks, and support systems designed to foster a more equitable environment.
Handy Links
Murmur Charity Launches New Programme: Murmur Artist Support
Murmur Charity has launched a new programme called Murmur Artist Support. This initiative is designed to provide emerging artists with the resources and guidance needed to navigate the music industry. From mentorship to financial aid, this programme can be a crucial support system for independent musicians looking to build sustainable careers.
That’s a wrap for this week’s edition of Musosoup’s Industry Noodles. We’ll be back next week for more insights and opportunities that can help you carve your path in the music industry.