Latest / The Price of Music / Major label Universal to make AI-music service with Udio; How did Billie Eilish annoy Billionaires?; Spotify under fire over controversial ICE ads; Why are there no rap tracks in the US Top 40?
Transcript
- 0:03Hello and welcome to The Price of Music, brought to you by
- 0:06Music Ally, the show that enjoys nothing more than pondering the
- 0:10finances and politics of the music industry while we're
- 0:13trying to make sense of this weird music landscape we live
- 0:16in. I'm Steve Lamack.
- 0:18He's Stuart Dredge. If you want an easy guide to
- 0:20what's going on in the music biz and how it all works and how the
- 0:22figures stack up, then here we are.
- 0:25This week there are no rap records in the American Top 40
- 0:29for the first time in 35 years. Also, why the massive success of
- 0:34the computer game Battlefield 6 is good news for the music
- 0:36industry. Spotify put their prices up.
- 0:39Who's the highest paid dead celebrity of the past year?
- 0:44And top of the pile, Universal Records have done a deal with an
- 0:47AI company that until last week they were taking to court.
- 0:51And that's much more interesting than it possibly sounds, with
- 0:54various possible repercussions. But to start, as always, Stuart
- 0:59has his big stat of the week, which this week is.
- 1:03This week it is 11 and a half, $1,000,000, which is not my fee
- 1:08for doing this podcast. Sadly, this is how much money
- 1:11Billy Eilish is donating to climate and food equity
- 1:13charities from religious world Tour.
- 1:16So she's been on this tour Hit Me Hard and Soft, which is kind
- 1:18of, I think it's going to do about 100 and something concerts
- 1:21around the world. Like it's a massive, massive
- 1:22tour. And it's, I think so far it's
- 1:26grossed around $82.3 million, according to Polestar, the live
- 1:30industry body. So a bit a decent chunk of that,
- 1:32about an eighth is going to go to climate charities, which is
- 1:34like something she's been keen on for a long time.
- 1:37But the best thing about this story is it was announced at
- 1:40this kind of Wall Street Journal conference in New York where she
- 1:42was getting an award. So she's in this room and it's
- 1:46it's a kind of a Wall Street Journal audience.
- 1:48It's full of, like, business moguls.
- 1:49And there were several billionaires there.
- 1:51Like, Mark Zuckerberg was there from Meta.
- 1:54George Lucas, the film director, who's a billionaire, was there.
- 1:56And she got on stage to get this award.
- 1:58And she addressed indirectly and was like, actually got something
- 2:01else to say. I'd say if you have money, it'd
- 2:03be great to use it for good things and maybe give it to some
- 2:05people who need it. Love you all.
- 2:07There's a few people in here who have a lot more money than me.
- 2:09If you're a billionaire, why are you a billionaire?
- 2:11No hate, But yeah, give your money away, which I think like
- 2:15they people think like if you got put face to face with
- 2:18billionaires, you might tell them do something good with your
- 2:20money and she got the chance. She did it.
- 2:23Yeah, so. I mean, it's, I mean, it seems
- 2:25like it's becoming more common. Do you think for artists to
- 2:27donate money from their live touring profits?
- 2:30I mean, Coldplay, obviously another prime example because
- 2:33they've always given a percentage of their tour profits
- 2:36to a selection of different causes.
- 2:38I mean, and also when no one's saying this isn't a laudable
- 2:41thing to do. But as an aside, here's the
- 2:43other thing. What this is doing is, is
- 2:45throwing a lot of light on how much money some of these big
- 2:49tours of the past few years have made.
- 2:52Because I can remember a time when, you know, you get the
- 2:55occasional headline about what a Rolling Stones or U2 tour might
- 2:59have made. But this, this also, I think
- 3:02it's showing how now live music at stadium level, it's never
- 3:05been more popular or profitable, really.
- 3:08So that's what's giving the, you know, giving the artist the
- 3:11opportunity to donate to the causes of their choice.
- 3:15But yeah, that's a massive figure.
- 3:17Billie Eilish, right? Our top three stories this week,
- 3:20selected from the headlines across the music world.
- 3:23I thought it was relatively quiet week to start, but
- 3:25actually it turns out there's quite a quite a lot of news
- 3:29stories for us to talk talk you through.
- 3:31But here's here's our favorite 3 starting with this.
- 3:35Can you talk us through this, Stuart?
- 3:36And then we can examine what it might mean for us as music fans,
- 3:40but also musicians in the rest of the music industry.
- 3:42But one of the first big lawsuits against an AI music
- 3:46company has been settled. And out of this, though,
- 3:50interestingly, has also come plans for a new streaming
- 3:54service with AI creation. At it's heart, this is Universal
- 3:59Music settling with the AI company Udio.
- 4:03It is. So this is one of like you say
- 4:05that there are two, two of the most prominent AI music
- 4:08companies are Udio and Sooner. We've talked about them both,
- 4:11haven't we, quite regularly. And they were both being sued by
- 4:14all three major labels. But then last week, Universal
- 4:16Music said, yeah, we've done a deal.
- 4:18We've settled our lawsuit against Udio and we're working
- 4:21together and yeah, they're going to launch a new, it's a the
- 4:24quote is a music creation, consumption and streaming
- 4:27service. Next year.
- 4:30It's going to be trained only on properly licensed music and
- 4:34labels and artists. We paid not only for the rights
- 4:37to train on their music, but they'll also get paid for the AI
- 4:40tracks that are created using their work.
- 4:42So in theory, every song creating this new service will
- 4:45generate royalties for the the music that was used to train it.
- 4:49And yeah, it was interesting. I mean, there was, there was so
- 4:51universal announced this and said we've settled, it's great,
- 4:54we're all partners now. Lovely people, great bunch of
- 4:56lads, to paraphrase UDO did a blog post saying what they're
- 5:01working on a bit. So they they sort of said you
- 5:03were to make songs in a style of certain artists.
- 5:06You could like, write and make a song in a style of Kendrick
- 5:08Lamar or Blur, whoever you've been, reimagined songs in new
- 5:12genres and mash up different songs and artists.
- 5:15But crucially, only if they're part of this, if they've agreed
- 5:17to have the music be allowed to use this.
- 5:20Yeah, yeah. I mean, this is, I mean, it's
- 5:22going to be, it's a mess of nightmare though, isn't it?
- 5:25For we've talked about this before, but how are you going to
- 5:28keep track of if you're paying out on music which has been
- 5:32trained on, which is, you know, the, the AI is being trained on
- 5:38a particular artist, and then that influence has then been
- 5:42used in another track alongside the influence of another artist.
- 5:47How are you going to pay? How are you going to find ways
- 5:49of paying paying artists and keeping track of all the
- 5:53different bits of AI that's been used?
- 5:56Well, that's it. And I think so.
- 5:57This has been historically an argument where the music
- 5:59industry said, yes, we want to be paid for the stuff that's
- 6:02being created based on our work. And AI companies have sometimes
- 6:05said, well, that's not possible. It's really hard and difficult.
- 6:08And when I've talked to some AI experts who are not on either
- 6:10side, what they say is actually you could do it.
- 6:13You have to just build that in from the beginning.
- 6:15So when you build your AI music service, you have to build that
- 6:17in and say, we want to, it's called attribution is the word
- 6:20that's used by it. We're going to put, so if you.
- 6:22So this is what I think they're building a brand new service and
- 6:24it seems like that will be part of this.
- 6:25And they seem to think it's possible, but there's so many
- 6:29questions around this, like, So what?
- 6:31We don't know awkwardly, given that we're interested in money,
- 6:35we don't know how much Udio paid UMG to settle this lawsuit, if
- 6:37it paid any money upfront. And we don't know how that money
- 6:40may be shared with musicians if there has been a payment.
- 6:44We don't know how the royalties will work for this new service.
- 6:46That's how they've been calculated.
- 6:49And we don't know whether Udio is in talks with other labels to
- 6:52kind of then be part of it, too. I don't think it would be a
- 6:54Universal Music only thing. I I would assume they want to do
- 6:58deals with other labels. And this, this, this kind of
- 6:59this announcement does kind of pave the way for whether video
- 7:02could settle with Universal. Presumably it would like to
- 7:05settle with Water Music Group, Sony Music Group, and then also
- 7:08kind of bring independence in. And the other thing I saw, and
- 7:13there was a Wall Street Journal report on this where they talked
- 7:15to them and that said that it was a little sentencing, like
- 7:19artists who opt in to be part of this.
- 7:22And my ears pricked up at that because that suggests that
- 7:24artists will be able to say, no, I don't want to be part of this
- 7:27if they don't want to. And that's quite a big point.
- 7:28I think that if you're assigned to Universal Music, and I still,
- 7:32even though they've signed a deal, even though they're not
- 7:33being sued anymore, I still don't want to be involved.
- 7:36It suggests that they will have the option to do that.
- 7:39And what's what at the end of the and what do current Udio
- 7:43users think of this deal, the fact that Universal are now
- 7:49involved and obviously the goal posts will move at this point.
- 7:53Yeah. Well, this is the other story
- 7:54part of this, which we've been following this week.
- 7:56So when Udio made this announcement, it said, oh, we're
- 7:58also making some changes. While in the meantime, in the
- 8:01transition period before we launch this new thing next year,
- 8:04we're making some changes. And one change was if you're
- 8:07using Udio to make tracks, you couldn't download them
- 8:10immediately. You could not download them
- 8:12anymore. All you could do is create
- 8:14things and have them within Udio and listen there, but you
- 8:16couldn't download them, for example, to upload them to a
- 8:19streaming service or to work on them.
- 8:22And this has caused a huge protest from users.
- 8:26And some of those users are musicians who say, look, I was
- 8:28creating stuff on Udio to then download and use myself and do
- 8:32more with other people have just seemed quite entitled.
- 8:36So you can sort of see this protest because if you go to
- 8:38udionowitsudio.com and their homepage, it looks quite a lot
- 8:41like Spotify in that you can go and create tracks, but it also
- 8:45shows you what's trending. What are the top tracks other
- 8:48people have created are being listened to.
- 8:50And right now, I'd say about 60 or 70% of the stuff on the
- 8:54homepage that is the most popular are protests with names
- 8:58like fuck Udio and cancelling my account.
- 9:01One's called Udio, exclamation mark UMG, exclamation mark
- 9:05traitors. And I mean, the other thing
- 9:09there was was there's this thread on on the Reddit website.
- 9:13So what happened was Udio then quickly to EU turn said, OK,
- 9:16we're going to let you have two days to download all your stuff
- 9:18you've made. And they announced this on
- 9:20Reddit website and there's a thread of people still
- 9:23complaining and being crossed. And there was one comment that
- 9:25said this is someone who's made tracks and video is now crossed
- 9:29about them not being you robbed me.
- 9:31I don't break into your home, rob you and then ask you to feel
- 9:34sorry for me. And I did think that is someone
- 9:37who's not been following this whole debate about musicians
- 9:39saying, if you've been training on our music without permission,
- 9:42you didn't ask us. And so there's a little bit
- 9:45like, I do get that some people who use Udio are musicians and
- 9:48are just using it to create bits, using their work.
- 9:50And they're now like, if I can't download it, it's all this work
- 9:52is gone. And I get that.
- 9:54But there are quite a few entitled people saying, wow,
- 9:56this is horrible crap. I hate UMGI, hate Udio.
- 9:59And I think they're going to get little sympathy from the music
- 10:02industry. And I suspect that Udio is aware
- 10:04that it may lose those people, but it's better next year.
- 10:08It can do something bigger. I'll be talking.
- 10:10You mentioned, you mentioned Traces.
- 10:12What I found quite interesting is, you know, up until a couple
- 10:15of weeks ago, you had both Udio and Suno both in legal disputes
- 10:21with the music industry, with the major labels and, you know,
- 10:26and, and basically side by side using the same arguments, you
- 10:29know, sticking together. And then Udio simply just swap
- 10:32sides. It's like, it's like watching
- 10:34celebrity traitors. This.
- 10:36Yeah, we're we're right with you all the way, Suno.
- 10:39Oh, by the way, no, we're not. But what happens?
- 10:43What what's going to happen next?
- 10:44Then with, I mean, with, I mean, obviously Suno is still being
- 10:48sued. So will this?
- 10:52Does this, does this? I don't know.
- 10:54Does this pave the way for more deals, do you think?
- 10:57Imminently. I think so and I think this is
- 10:59the first of of several we're going to see.
- 11:03So I think Universal was quite probably quite keen to go 1st
- 11:07and set the standard and say we're doing this.
- 11:09So yeah, I would, I would expect studio to be wanting similar
- 11:11deals. And Suno, I mean Suno has always
- 11:14been the executives. There have always been the more,
- 11:17I guess the more aggressive in public, like they've, they've,
- 11:19they've hit back against the labels arguments more, more
- 11:22aggressively. But my, my assumption would be
- 11:27for someone like a SUNO that's raising a lot of money at the
- 11:29moment, there's a report we see it's trying to raise hundreds of
- 11:31millions of dollars. It probably doesn't need to have
- 11:34deals and it needs to settle those lawsuits.
- 11:37So yeah, I would, I would suspect that in the coming weeks
- 11:39and months we're going to see a series of deals for these
- 11:42companies, but also for other ones that haven't been sued.
- 11:44So I think we're going to see because that's the other thing.
- 11:47If you're an AI music company that's been doing things by the
- 11:49book, you haven't been using music without permission.
- 11:52You might be sitting there now going hang on a minute.
- 11:54Have you just given the bad guys a head start on us?
- 11:57Can we have that kind of deal? So I think I think you will
- 11:59start to see more of these. And I think when I see musicians
- 12:03talking about this, they're in all kinds of two minds about
- 12:07this. Like some are saying it's good
- 12:08that we're doing deals and this is all going to be legit now.
- 12:11And others are saying we're still not sure this is a good
- 12:14idea. This could all end badly.
- 12:16So there was a lot of, I'd say not unrest as such, but I think
- 12:19musicians are really a little bit jittery about what this
- 12:22might mean and and whether it's going to be under the control of
- 12:25the music industry. Story 2 this week, Well, it's
- 12:28just two stories in one really, because while we were bringing
- 12:31you our Listeners Questions episode last week, among the
- 12:35stories we didn't cover was the Spotify UK price rise notice.
- 12:40They waited until we were looking the other way to do
- 12:42that. And since then, there's been a
- 12:45new boycott of Spotify as well. So these two, well, let's start
- 12:48with the price hike. You don't get, you don't get a
- 12:52price rise for years. And now it seems that Spotify
- 12:56are more confident in their ability to raise the price.
- 13:01Yeah, it's like buses, isn't it? Yeah, I mean, in the UK it's got
- 13:05the price to go up by quid. So it was 1199 a month, now it's
- 13:071299. And if you're in a family plan,
- 13:10it's gone up from 1999 to 2199. And I think it's happening in
- 13:14Switzerland as well. And there's reports that the US
- 13:16may get similar rises early next year.
- 13:19And yeah, this is kind of what the music Commission had been
- 13:21calling for. Like you say, like it went a
- 13:23long time when stream music was 999 a month and never rose and
- 13:28labels across that. And I think what the music
- 13:30industry has been calling for is like, actually raise the price
- 13:32quite regularly. Do what Netflix does and put the
- 13:34price up every year, you know, And so far, whenever Spotify and
- 13:39its rivals have put prices up, there hasn't been this huge
- 13:41drain of people cancelling their accounts.
- 13:43People have seemed to be swallowing it.
- 13:45I mean, we are in like a cost of living moment still.
- 13:49So I think they won't take this lightly.
- 13:51They'll be watching very carefully to see if this is the
- 13:53quid that, you know, puts people over the edge.
- 13:56But I mean as a family, not not as a as a news person, as a fan.
- 14:011299 a month for the entire history of music is still a
- 14:03pretty good deal I think. And, and, and that's, that's the
- 14:09good, I guess the good news for Spotify.
- 14:12There's lots of other Spotify related stories around this week
- 14:17being sued by people who say they're making money out of
- 14:21fraud. But what about what about this
- 14:23one? Tell us about Spotify and ICE.
- 14:27Yeah, this has been bubbling for a while.
- 14:29So the this is all about recruitment ads running on
- 14:32Spotify from ICE, which is the US immigration, is it
- 14:35Immigration and Customs Enforcement agency?
- 14:37I think so. This is the people who've been
- 14:40detaining and deporting people in immigration raids.
- 14:43And this has become a real focus of protest this year, hasn't it,
- 14:45against Donald Trump in the US in these raids.
- 14:48And so now ICE is running into recruitment and it's basically
- 14:50saying join us, you know, we need to recruit people.
- 14:53Some of these ads are targeting former policemen saying you
- 14:56don't you don't get to kind of you think we're not doing enough
- 14:59to get rid of immigrants to come and join us and kick them out.
- 15:02Like it's, it's quite it's the rhetoric isn't nice.
- 15:05And he's ads and they've been running on Spotify, but also in
- 15:08other places. They're running on YouTube and
- 15:10across like Facebook and LinkedIn and who.
- 15:12So it's not just a Spotify thing, but Spotify seems to be
- 15:15the one that's getting it a neck.
- 15:18So this this movement called indivisible.
- 15:21And it's one of the people who were involved in these recent no
- 15:23kings protests. And if you saw that on the news,
- 15:27So it was a it was a protest in the US across like a bunch of
- 15:30cities and people came out, I think 7 million people on the
- 15:32streets basically saying no kings, which is essentially
- 15:35saying we don't want a dictator in the US, we don't want a
- 15:38monarch. So it's an anti Trump Brit.
- 15:40It's a very big one. And this campaign is called
- 15:43don't stream fascism, cancel Spotify.
- 15:46So it's quite on the nose. And they're demanding that
- 15:48Spotify stop running these ads and calling on people to cancel
- 15:52their subscriptions if it doesn't.
- 15:55And this this movement indivisible, they have a million
- 15:57members. So it's it's quite a big thing.
- 16:00And it's asking those members not just to cancel Spotify, but
- 16:02also to tag in artists and labels on social media and try
- 16:05and kind of raise awareness of this.
- 16:07So it's a weird moment for Spotify because it's not the
- 16:11only place these ads are running.
- 16:12And it's a government advertising campaign.
- 16:14You know, most countries, when the government runs public
- 16:16information campaigns, you know, everyone runs them because it's
- 16:18not controversial. And it's it gave a statement a
- 16:21few weeks ago when this started the bubble saying, so basically
- 16:24this is a government campaign. It doesn't break our rules,
- 16:26doesn't break any rules of our platform for advertising, which
- 16:30is correct. But that doesn't seem to be
- 16:32getting it off the hook. And it's kind of caught in this
- 16:35hard place now where there were protests about having these ads.
- 16:38But if it pulls them, given the way Donald Trump is, it could
- 16:42have a vengeful president, you know, on its back.
- 16:45So the companies haven't just figure out what it has to do
- 16:47anything or my suspicion is this ad campaign will come to a
- 16:50natural end and that will save it the problem of having to
- 16:53decide whether to pull them or not.
- 16:54But yeah, it's coming so soon after all the talk about arms
- 16:58dealing and the arms investments of Spotify CEO, it's really have
- 17:02facing this challenge now of people saying you are the bad
- 17:04guys. First it was arms investments.
- 17:07Now it's running ads for the immigration agency.
- 17:09So yeah, it's a real, it's a public relations moment of of a
- 17:13challenge for Spotify. Story 3 How long is it since
- 17:18we've done a tech startup story Must be weeks now, but a new
- 17:22tech startup in the UK wants to help musicians poison their own
- 17:28recordings. Not in not in the way you might
- 17:31be thinking. How does how does, how does this
- 17:34work? What is what is this about?
- 17:36It's because it was complicated when I read it.
- 17:40Yeah, so this is like we did a thing recently, we're running a
- 17:42contest at musical at the moment.
- 17:44We're sort of picking new start-ups.
- 17:46This is a brand new one in the UK And yet poison pill,
- 17:48basically it's about musicians who are like, we don't want to
- 17:51have our music used to train AIS without permission.
- 17:55And so I mean, I don't know how much I had to learn this term,
- 17:58this this poison pill term in the financial world is when I
- 18:00come to someone who's trying to buy a company, you don't want to
- 18:03be bought. You kind of, you do a poison
- 18:05pill clause, which basically means if they buy you, it's
- 18:07going to be really harmful for them.
- 18:09It costs them much money. So it's kind of a thing of like
- 18:12I've got a thing I don't want to be bought or in this case used
- 18:15to train, so I'm going to poison it.
- 18:17So I had to look into this. This starter is basically going
- 18:21to insert this technology called adversarial noise algorithms,
- 18:26which basically is a sort of a silent thing you insert into the
- 18:29music that basically books any AI trying to train on it.
- 18:34Really. Yeah.
- 18:35So it's kind of it doesn't you couldn't tell it you if you're
- 18:38listening to it, you don't hear anything different.
- 18:40But if you're an AI scraping it, it's kind of trying to confuse
- 18:43you, trying to make you, you know, not.
- 18:45So it's it's it's a really it's a clever sounding thing.
- 18:47I mean, I don't, I don't have the technology to know if it
- 18:49works, but it was fascinating to me that that's an idea.
- 18:52OK, right. We can't, we maybe can't stop a
- 18:54companies getting on music if they want to, but they can get
- 18:57they can download it illegally off there, but we can insert
- 19:00this stuff into it. That makes it just kind of
- 19:02confuses. Yeah, yeah.
- 19:06Any other business this week, there's quite, there's quite a
- 19:09lot of any other business. I think you, you wanted to
- 19:12mention, you wanted to mention Aussie Fire, Al Aussie Fire Algo
- 19:18mate back to Australia where I mean this is, I mean follows on
- 19:23from a story we did the other week.
- 19:25Really, it's trying to this is another way or another campaign
- 19:29to try and protect Australian musicians and boost their local
- 19:34music economy. That's it.
- 19:36So they've been worrying in Australia about how local
- 19:38artists have been getting a lower share of streams.
- 19:41There's been this talk about, well, should the government step
- 19:43in and make streaming services playlist them more and make
- 19:46strings recommend them more. But this is another, another
- 19:49solution to the problem. I really like it.
- 19:51So it's it's yeah, otify your algo.
- 19:53It's telling music fans, look, if you go and search for
- 19:56Australian artists on your streaming service and if you
- 19:58play them and save them and follow them, you'll be giving
- 20:01their algorithms a strong message of like, find me more
- 20:03like this. I want to hear Australian music.
- 20:06And that is how this works. Like if you do search for
- 20:10anything. Like if you search for a certain
- 20:11genre. It will say, ah, I see you like
- 20:13that, I'll recommend you more of that.
- 20:15And so it's kind of a positive, constructive way of tackling
- 20:19this problem of, of lower, lower streaming share for Australian
- 20:22artists. And they've got a bunch of of
- 20:24independent artists who are backing this as well.
- 20:27And yeah, it's just, I don't know, I think it's a really
- 20:30clever idea and I think it's something other around the world
- 20:32people could do where, where people are worried about, well,
- 20:35local artists here aren't getting as much priority as they
- 20:37should be. You can say the government
- 20:40should step in and that becomes a big argument, but actually you
- 20:42can get artists to go and explain it to fans and say,
- 20:44look, if you search for us and save us, you'll hear more and
- 20:47you'll hear discover more great bands.
- 20:48So yeah. Good idea.
- 20:51Here's here's something which I noticed on I think Stereo
- 20:55Gunwal, one of the people to pick up on this.
- 20:57There's no rap records in the American Top 40 this week, and I
- 21:02don't think there were last week either.
- 21:03So no rap songs in the Billboard Top 40.
- 21:07I mean there's 12 Taylor Swift songs I noticed in the US Top
- 21:1040. But it's yeah, I mean it's a
- 21:14really long time since you know, Billboard had 0 rap songs.
- 21:18It's like 35 the exact the dates.
- 21:20I can tell you the last time there were no hip hop songs in
- 21:23the Billboard Top 40 was February the 2nd, 1990.
- 21:28And I mean, part of this, according to commentators, is
- 21:32down to a recent Billboard chart rule change, which revolves
- 21:38around moving singles from being current to being recurrent,
- 21:42which as I understand it is. Well, when that happens, songs
- 21:46are essentially barred from the top 100.
- 21:48And it's, it's quite a complicated sliding scale.
- 21:50But for instance, if your song is below #25 in the chart and
- 21:57it's been around for more than 26 weeks, then that's it.
- 22:02It's it's Cheerio. It used to be 52 weeks.
- 22:05So a song is current for 52 weeks, which means that a lot of
- 22:09hip hop songs were just hanging. The bigger anthems are hanging
- 22:12around all year. But now if you below #25 in the
- 22:16charts after 26 weeks, that's it.
- 22:19Off you pop. So that's wiped out a host of
- 22:22rap songs. But it also, I mean, it also
- 22:25begs the question, aside from Drake and Kendrick Lamar
- 22:28journalists in the States, critics are saying, well, where
- 22:31are the rap superstars? And, you know, because one of
- 22:34the reasons we mentioned this is in terms of dollar, hip hop has
- 22:39been such a powerful force for three decades, but currently
- 22:43it's got nothing to stand up to to Taylor Swift or Sabrina
- 22:46Carpenter or or even K pop demon hunters.
- 22:50So is this, is this a giant source?
- 22:52Is this, I guess, is this a, what is this a sea change in?
- 22:57You know, just as rock music kind of fell out of favour in
- 23:00the American mainstream, is it happening to hip hop now or is
- 23:04it just a blip? Well, all of the above.
- 23:08I mean, you you put your finger on it with K pop, you know
- 23:11Taylor Swift, so Taylor Swift have got 12 songs K pop Demon
- 23:13Hunter has got 7 songs in Top 40.
- 23:15So that is 19 in the Top 40 gone to those two things.
- 23:18So it's the moment if Drake pops out an album tomorrow, he'd
- 23:21probably have 12 songs in the Top 40 next week and we wouldn't
- 23:24be talking about this so much. So to some extent it is that the
- 23:27big tempo releases I think there are.
- 23:30So I think Cardi B had an album recently and that's not in the
- 23:33Top 40 at the moment. But I mean, so yeah, there is
- 23:37there is a moment of this blip at the moment.
- 23:39The pop is having a huge and I actually looked at Spotify's
- 23:42global chart and pop is having a huge moment.
- 23:44Like you say, it's Taylor Swift, Sabrina Carpenter, K Pop Demon
- 23:47Hunters, Olivia Dean. This is this is what's happening
- 23:53in this month. But I think it was Billboard had
- 23:57some stats. So I think in 2020 was the peak
- 24:00of hip hop in terms of its share of overall listening.
- 24:02And it was nearly 30% in the US then, and now it's 24%, but it's
- 24:07still nearly 1/4. So it's still a lot of
- 24:10listening. It's just that it's spread out
- 24:12and it's below the Top 40 at the moment.
- 24:15Yeah, I think, I think that's why that's part of the point,
- 24:17isn't it? It's is without big, without the
- 24:22big names, the the next wave of artists.
- 24:26If no one is going from being quite big to massive, then
- 24:30you've got lots of quite big artists.
- 24:32But none of those are making it into the Top 40.
- 24:36Just what I mean. And they're the they're the
- 24:38trailblazer. And this obviously is sort of
- 24:39what happened with rock music to a certain extent as well.
- 24:42Yeah. And seeing as it's sick, isn't
- 24:44it, I think that like something has predominance for a while and
- 24:46everyone goes, Oh my God, no one likes guitars anymore.
- 24:50And then and then it eventually comes back and I think that's
- 24:53what's happening. I think the other thing is that
- 24:56in the pop world, people have learnt from what made hip hop
- 24:59artists so popular in 2020. I think some of the strategies
- 25:03and the approaches to streaming have have spread out.
- 25:06So I think again, it's the case of everyone is learning to do
- 25:10streaming like hip hop stars did.
- 25:11And so you have a right there. I mean, the other thing is just
- 25:14weird stuff. I mean, I was looking at the
- 25:15Spotify chart and it's all Taylor Swift cable to your
- 25:18hands. Pop hip hop were very low.
- 25:21And then Radiohead's Creep is the 28th biggest song in the
- 25:23world on Spotify right now. I was like, why is that?
- 25:26To your point about rock music seeming out of fashion suddenly
- 25:29Creepers back in the top 30s? So yeah, but I think I think
- 25:34it's like you said, I think there's a lot of, and I was, I
- 25:38was, I was watching some people talk about this.
- 25:40I think there's a lot of really interesting great stuff being
- 25:43done hip on them, which isn't at the superstar level.
- 25:45But in a way, I think we're in a moment of some really
- 25:49interesting stuff coming in from the margins and the niche, the
- 25:53kind of edgy stuff. And Drake is not releasing his
- 25:56new album yet. Kendrick Lamar is not releasing
- 25:58when the big superstars come back, though, back in the
- 26:01charts. But yeah, it's a, it's a weird
- 26:03thing. I didn't know it's 30, five
- 26:04years. That's a long run.
- 26:05Isn't it? Yeah, isn't it?
- 26:08As always, your thoughts please or industry insiders, do let us
- 26:12know what you think is going on and should we do more in the way
- 26:15of chart regulation here? By the way, to
- 26:17help.freshenupthechartthepriceofmusicpodcast@gmail.com new video game Battlefield 6
- 26:23sold 7 million copies in just three days.
- 26:28Why is that now good news for the music industry?
- 26:32Yeah, 7 million copies. It's a Taylor Swift of the
- 26:34gaming world, but we'd like more guns and explosions.
- 26:38A few more guns and explosions. Yeah.
- 26:39So I mean, I play football games mainly.
- 26:41Like, I'm terrible at games involving running and shooting.
- 26:44So Battlefield is not my game, but it's a lot of people's game.
- 26:47It's like the one of the biggest releases this year.
- 26:50And yet when it came into my orbit was after launch, the
- 26:53publisher, EA, they added these radio stations to the game.
- 26:56So now you can be yomping around with the guns while listening to
- 27:00music. Radio stations.
- 27:01I think it's a rock, pop, rap, electronic, which is kind of
- 27:05something I associate with the Grand Theft Auto games.
- 27:08They really popularized the of having in game radio stations
- 27:11where whatever you're doing, you're, it's not just a
- 27:13soundtrack, it's actually a radio, you know, a studio radio
- 27:17station. So, yeah, so now all those 7
- 27:20million people are going to be hearing whichever artists have
- 27:23been chosen to go on these stations in game, right?
- 27:26There you go. And finally for this week, and I
- 27:31think this, this broke the day we're today, the day we're
- 27:34recording this week's episode on the Tuesday.
- 27:39Tell us about this new chart of the highest paid dead
- 27:43celebrities. That's the highest paid dead
- 27:46celebrities of 2025. Who is in this chart and who's
- 27:51right at the top? Yeah, it's a chart no one wants
- 27:54to be in. And they think, yeah, do you
- 27:56know, this has been going for like 25 years, actually, I'd
- 27:59never heard of it before. Yeah, it's Forbes, which is
- 28:02obviously Forbes. Whole thing is counting money
- 28:04for whether it's billionaires or musicians.
- 28:07And so, yeah, the top of the chart is we're not surprised if
- 28:10anyone who follows these things, it's Michael Jackson.
- 28:13And estimated how much. How much money did Michael
- 28:16Jackson make being dead? So $105 million this year, which
- 28:22is obviously music royalties, but also there's like 5
- 28:25productions of the jukebox musical based on his music and
- 28:28there's a Las Vegas, so it's a Late Show.
- 28:30So it's all kinds of stuff there.
- 28:31And apparently so he died in 2009 and in the 16 years since
- 28:36his death of four years, he's been top of this chart for 13 of
- 28:39them. So it gives you a sense of, you
- 28:42know how just how big a money making thing and I think Forbes
- 28:46had a number for it. Let me just check it out.
- 28:47It was, I think it's three, 3 1/2 billion dollars since his
- 28:53death. Ryan I.
- 28:54Was earnings. And are there any other
- 28:57musicians in this chart? I mean, coming back to hip hop,
- 29:02are there any of the the hip hop stars who have passed?
- 29:05Are they are they still popular and making money?
- 29:08Yeah, there are. So Doctor Zeus, well, not a hip
- 29:10hop star, Dr. Zeus is in second place.
- 29:12So it's not just physicians. But then so Pink Floyd's Rick
- 29:15Wright and Sid Barrett are in 3rd place jointly with
- 29:17$81,000,000, which I think may be related to the sale of their
- 29:20catalog. Like if you sell cattle for a
- 29:23lot of money, it's some of yours to shoot up this thing.
- 29:25Notorious BIG is in there as well.
- 29:28He made $80 million this year, and then Miles Davis, Elvis
- 29:31Presley, Jimmy Buffet, Bob Marley and John Lennon are in
- 29:34the top ten. So the top 10 is mainly
- 29:36musicians and it's to do with royalties and catalog sales.
- 29:43And there you go, that is the posthumous pop chart for 2025.
- 29:50And that's it from us for this week.
- 29:53Thank you very much for listening.
- 29:55As always, if you are enjoying what we're trying to do here,
- 29:57please do spread the word. Tell your friends, leave us a
- 29:59review online. Alternatively, you can support
- 30:03us via Patreon. In fact, if you sign up to be a
- 30:06super fan, you get an extra. I don't have 1520 minutes or so
- 30:10of me and him chatting about music and money this week.
- 30:14That may well include the Lily Allen album, UK album charts and
- 30:20the Rules around the UK album chart and quite possibly gigs
- 30:24and value for money. We might get to that as well.
- 30:27You can become a super fan of the show at patreon.com, The
- 30:32Price of Music. Alternatively, if you'd just
- 30:34like to get in touch with us, it'd be lovely to hear from you.
- 30:37You can use our socials or send us an e-mail.
- 30:39Anything that you don't understand about the industry
- 30:42and how it works or anything that's you think we might be
- 30:47able to make sense of for you, or indeed any guidance or advice
- 30:51from the professionals. The e-mail address
- 30:53onceagainthepriceofmusicpodcast@gmail.com. Thanks again everybody.
- 30:58See you next week, Torah.