In The Know: Weekly Music News Summary November 3, 2017

SoStereo’s weekly music and advertising news round up
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New York’s Cabaret Law Repealed:

The arcane, draconian and racist Cabaret Law on the books since the 1920s in New York City was repealed on Tuesday, October 31st. The law which outlawed dancing in all bars, clubs and restaurants that didn’t have a license was sparingly used recently, but in the past it was used to shut down or levy steep fines against bars and clubs the city did not like. Many club owners lived in fear of getting being arbitrarily targeted under the cabaret law and now the statute, which has its roots in stamping out mixed race jazz clubs in Harlem, is off the books. New York can dance freely again.

Payday Records & Asylum Records Both Being Relaunched:

Two major label legacy imprints are being rebooted. Asylum Records for Warner is being relaunched in the United States. It was rebooted in the UK in 2008 and has been successful there, but now it is coming back to the US. It already scored a hit in the U.S. with Ugly God’s “Water.” The label was first founded in 1971 as a part of Warner. The second is Payday Records, a classic hip-hop label that had artists like Gang Starr, Jeru the Damaja and Group Home on the roster. It is bringing back many of those older guys from the golden era of hip-hop with some new rappers like Pell, OJ Da Juiceman and Yung Fume according to Billboard.

A lot of music today has banked on nostalgia to get by so we hope this isn’t a cheap play to try and rehash sounds from the past, but in fact something that can revisit what made those labels great with a fresh perspective.

Artists Cut Ties With Webster Public Relations Amid Sexual Assault Allegations:

The CEO of Webster Public Relations, a major PR firm for country artists that boasts or boasted a roster with the likes of Hank Williams, Cyndi Lauper, Big & Rich, Kid Rock and Dolly Parton, has been accused of sexual assault by multiple men in different instances from 2008-2015. The accusations emerged last week first from singer Austin Rick and since then more men have come forward, as well as members of the firm who talk about a toxic work environment. Clients of the company like Justin Moore, Billy Ray Cyrus, Naomi Judd, Gary Morris, Exile, Tim Rushlow and Lorrie Morgan have all left, while Dolly Parton has remained, saying she hopes the accusations are not true.

Read more here.

Spotify UK Posts Profits For 2016, Growing Revenues:

Spotify has released its financial results for 2016 for its UK subsidiary and the numbers look good. Spotify UK posted a net profit of £1.9m for 2016 as the operating profit grew from £6.1m to £25m. It ended the year with 7.1 million listeners, 2.8 of them being paying customers. Its revenues grew by 27% to £237m (around $311.9m) with subscriptions up 26% to £215m and advertising revenues up 62% to £17.5m. 

Catch up on past In The Know's here.

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