Giving the Fans What They Want – A Marcus Mumford and Justin Timberlake Collaboration?
Mumford & Sons frontman, Marcus Mumford, has recorded a song with pop singer, Justin Timberlake (via NME). I’ve always thought that pop music needed more banjos.
The track is for the soundtrack of the new Coen Brothers movie, Inside Llewyn Davis (which sounds like a p0rn movie I watched the other day). Coincidentally – or most likely, not – the film stars Carey Mulligan, who is married to Marcus Mumford. She is trying to make it as a musician in 1960s New York. So wait, there’s time travel, too?
Music Industry Isn’t Going Bankrupt!
Thanks to bloggers The music industry saw an increase in worldwide revenues last year for the first time in 13 years (via Consequence of Sound). The music biz (as cool kids call it) generated $16.5 billion last year, which is equivalent to the typical dinner bill for Axl Rose. The increase was 0.3% over the previous year.
The study by NPD Group notes that music file sharing has apparently dropped significantly, although no figures were provided. Digital downloaded accounted for a massive $5.6 billion of the revenue. This report comes at the same time that Live Nation announced a massive loss of $163 million in 2012 (via Hollywood Reporter). Apparently having double digit service charges doesn’t make a company profitable.