A lot has happened in 2024 and the music industry is also a big contender of change and big news. This blog is about to give insights into the latest music news.
The year 2024 is about to end but it has been an interesting ride for the music industry because a lot has changed, appeared, disappeared, lost, and gained in this year. The landscape of the music industry has become more challenging than it was 30 years ago but with challenges came the technological advancement which has recreated the landscape in a different light. The music industry has witnessed a rollercoaster of emotions from artist and their fans as well. This blog will dive into some of the latest music news of 2024 that not only left the music industry in shock but also made the audience turn their heads in curiosity. So, let’s start.
Pink Floyd Sold Their Music Catalog
Pink Floyd’s recorded music catalog is one of the most valuable in contemporary music. The band’s most famous albums include The Wall, Dark Side of the Moon, Wish You Were Here, Animals, and more. In 2022, a magazine reported that Pink Floyd had been looking to sell their recorded music and other assets for as much as $500m. Sources told the outlet that some potential buyers were put off after a 2022 interview with Waters in Rolling Stone in which he made controversial comments about Israel, Ukraine, Russia, and the United States. In early 2024, it was reported that Waters was dropped as a solo artist by the music rights company BMG, which signed an agreement with the musician in 2016, over his comments about Israel, Ukraine, and the US. Pink Floyd has reportedly reached a deal with Sony to sell their music catalog, as well as their name and likeness, for about $400m. The latest music news is that the British rock band agreed to sell the rights to their recorded music catalog, their name, and their likeness, but not the rights to their songwriting, who first reported the news of the deal on Tuesday, citing two people familiar with the matter.
Shazam Surpasses 100 Billion Recognitions
22 years after it was first launched in the U.K., the ubiquitous music identification app Shazam has announced it has now surpassed 100 billion recognitions. First launching on August 19th, 2002, Shazam began its life as an SMS service where users would dial a number, hold up their phones to identify the song being played, and then receive the name and artist via a text message. While it grew in popularity and influence over the years, it was in 2006 that Shazam was launched as an app, before becoming available on both Apple and Android devices in 2008. By 2011, the service had recognized more than one billion songs, and by the following year, that number had increased to five billion, with the 15 billion milestone following in 2014. In 2017, it was announced that Apple had acquired Shazam for $400 million. Now, another latest music news is that Apple has announced that Shazam has hit the impressive milestone of 100 billion song recognitions across its lifetime. The news comes just five years after the service celebrated 20 years with news it had surpassed 70 billion recognitions. Apple has also shared a handful of statistics to put the 100 billion figure into perspective, noting that the number is equivalent to 12 songs identified for every person on Earth and that one person would need to use Shazam to identify a song every second for 3,168 years to reach 100 billion.
Kelly Clarkson Doing Justice to Celine Dion’s Song
Only Kelly Clarkson could do a Celine Dion song justice, showing off her unmatched vocal ability for Kellyoke on her daytime talk show on Wednesday (Nov. 20) by taking on her fellow superstar’s ‘All By Myself.’ Accompanied by a piano and wearing a black leather skirt and an off-the-shoulder top, Clarkson began the verses softly before turning up the emotion for the power ballad’s moving chorus, as her guitarist added to the intensity with a solo. ‘All by myself/ Don’t wanna be/ All by myself/ Anymore,’ the superstar sang before wrapping up the cover by hitting an impressive high note, met with cheers from the audience. ‘All By Myself’ was originally released by singer-songwriter Eric Carmen in 1975 as the first single from his debut, self-titled album. The track peaked at No. 2 on the Billboard Hot 100. More than two decades later, the song was re-popularized by Dion, who released a cover of the track in 1996 as a single off her fourth English-language album, Falling Into You.
Just like these, there is a lot more to uncover when it comes to the latest news regarding the music industry.
