Get the latest gossip
The 10 Biggest Record Label Stories of 2024
The biggest record label stories of 2024 include UMG, TikTok, fraud, Atlantic, country music going coastal, layoffs and restructures, and more.
Island Records is one of the most iconic labels in the business, having been founded in 1959 by Chris Blackwell and growing into the home of legends like Bob Marley, U2, Traffic, Cat Stevens, Grace Jones and, more recently, The Killers, Demi Lovato and Shawn Mendes. But in 2024, Warner proved that its steady artist-development process was no fluke, as Benson Boone ’s “Beautiful Things” and Teddy Swims ’ “Lose Control” spent a combined 75 weeks in the top 10 of the Hot 100, becoming two of the biggest songs of the year and earning both Grammy nominations for best new artist. The first major development arrived in September when the federal government indicted a North Carolina musician in a $10 million streaming fraud scam involving “hundreds of thousands” of AI-generated songs, a first-of-its-kind case that set off alarm bells in the industry.
Or read this on Billboard