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The Town with Matthew Belloni

Five Major Music Business Questions After the Grammy's

The Town with Matthew Belloni

The Ringer

Society & Culture

4.31.1K Ratings

🗓️ 5 February 2024

⏱️ 30 minutes

🧾️ Download transcript

Summary

Matt is joined by Bloomberg’s Lucas Shaw to discuss the highlights, lowlights, and most pressing music industry questions after the 2024 Grammy Awards. Matt and Lucas check in on the music business, including the ongoing feud between Universal Music Group and TikTok, Taylor Swift's new album announcement, the Grammy's problem with hip-hop, the future of the Las Vegas Sphere, and more. For a 20 percent discount on Matt’s Hollywood insider newsletter, ‘What I’m Hearing ...,’ click here. Email us your thoughts! thetown@spotify.com Host: Matt Belloni Guest: Lucas Shaw Producers: Craig Horlbeck and Jessie Lopez Theme Song: Devon Renaldo Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Hi, I'm Missa Kwonger.

0:01.6

And I'm Ryan Hunt.

0:02.4

And we co-host, Stadio, a football podcast, on the Ring of Podcast Network.

0:06.7

If you like soccer or football, make sure you search for Stadio, a football podcast on Spotify or wherever you get your podcasts.

0:16.0

It is Monday, February 5th.

0:18.2

The Grammys were last night.

0:19.6

Of course, I was there.

0:20.7

I thought it was a great show. Ben Winston, friend were last night, of course. I was there.

0:21.8

I thought it was a great show.

0:24.6

Ben Winston, friend of the town, did a nice job producing.

0:27.7

Tracy Chapman with Luke Combs with the highlight for me.

0:30.0

The new Billy Joel song is actually pretty great.

0:32.1

Miley Cyrus, National Treasure.

0:34.0

The ratings for the show were good.

0:37.4

16.9 million viewers on CBS. That's up 34% from last year in the biggest

0:40.6

since COVID. Not bad. But as far as the winners go, it's a big night for Taylor Swift.

0:45.2

Album of the Year for Midnights. Billy Elish won song of the year for the Barbie movie song.

0:50.0

Miley won record for flowers. And Victoria Monet got best new artists. Those are the top four.

0:55.6

Grammy Week is a good time to do a music business check-in, and in general, things are pretty good.

1:01.1

The latest recording industry data for 2023 showed the ninth consecutive year of growth.

1:07.0

Paid subscriptions remain the strongest driver of revenue, of course. Both Apple and Spotify raised their prices recently.

1:13.6

It doesn't mean all as great, though.

...

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