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Pete Tong's Essential New Tune
So High
Sonickraft
Diynamic Music
out now
Comment
"This week's ENT comes from duo Jon Lewis and Sean Godsall, aka SonicKraft, and it's taken from Diynamic's Four To The Floor 33 compilation. This has been a brilliant series curated by the one and only Solomun. If you've seen Solomun out before he took his winter break, you would have heard him featuring large in his sets, and we can finally play it for you on this show."
This week's featured Essential New Tune was featured in last week’s Friday show on BBC Radio 1. Listen again and forward to 34.23 here.
Contact
Label: Tobias Schmid, Diynamic Music
Publishing: Sentric
Online: Peter Oldak, Diynamic 
20 Feb 2024
Business
  • Sony Music Entertainment has reported its fiscal Q3 financial results up to 31 December 2023. Overall, revenue increased by 16% year-on-year to £2.2bn, or about 12% in constant currency. Recorded music revenue increased by 19.9%, and within that streaming was up 17.2% and physical up 1.6%. Music publishing revenue increased by 16.1%. (Billboard) 
  • Believe founder and CEO Denis Ladegaillerie has formed a consortium with investment funds EQT and TCV as part of a wider effort to acquire full ownership of the French music company and take it private. (Billboard) 
News and Features
  • The EU’s Digital Services Act (DSA) has entered into force for all online platforms, with major implications for online ticket resale. (RotD) 
  • Bridges for Music has partnered with International Music Summit (IMS) Ibiza, AlphaTheta and Resident Advisor for a charity cycle in Ibiza, The IMS IBiza Cycle Challenge. (RA) 
  • Electronic music generated £2.5 billion for the UK economy last year, according to a new report commissioned by the Night Time Industries Association (NTIA). This was down 6% on previous years, which the report partly attributes to the closure of 31 UK nightclubs (4%) in the 2022-2023 period. It also reported a 9% decline in visitors to nightclubs during the past year. (DJMag)
Digital
  • AIM CEO Silvia Montello talks about the impact of Apple Music’s royalty-incentivised push for Dolby Atmos adoption and the impact on independent artists and labels. (MusicAlly) 
  • YouTube now lets you integrate music videos into your Shorts. (DMN) 
Live
  • Objekt, Mantra, Coco Bryce and more announced for West London festival Waterworks in September. (RA) 
  • Amelie Lens, Sama’ Abdulhadi, Jeff Mills, more announced for NEOPOP Festival 2024. (DJMag) 
  • London's DRUMSHEDS has announced the second edition of False Idols, following on from an inaugural event in 2023. (DJMag) 
  • Reading & Leeds Festival to debut 40,000-capacity open-air venue The Chevron for dance and hip-hop. (MW) 
  • Tomorrowland Winter has shared the full schedule for its 2024 edition. (DJMag) 
  • Terminal V set to debut abroad with festival in Croatia this summer. (STV)
  • Ultra Miami shares full line-up for 2024 festival. (DJMag) 
  • Sónar Barcelona completes 2024 line-up with the additions of Laurent Garnier, Laurel Halo, Richie Hawtin, Sevdaliza and more. (RA) 
Comment, Opinion and Analysis
  • According to Spotify’s annual report, the joint market share of music on Spotify represented by the three majors, plus Merlin, fell below to 74% on Spotify for the first time in 2023. (MBW)  In 2017, the joint market share was 87%. 
  • Amidst acquisition talk, what is SoundCloud’s strategy for the future? (Jimmy Stone) 
Beatport
  • Listen to Tinlicker's third studio album, 'Cold Enough For Snow' (Beatportal)
  • Playlist of the Week: Shygirl (Beatportal)
  • Artist of the Month: DJ Minx (Beatportal)
  • Manage your playlists with the new playlist sidebar (Beatport)
Clubs
  • Ibiza:
    Ushuaïa Ibiza has revealed its first wave of residents for 2024. (DJMag) 
  • Hamburg club PAL to reopen in new city centre location. (RA) 
  • Calvin Harris is officially joining LIV Las Vegas as a 2024 resident DJ. (EDM) 
  • Berlin nightclub workers have launched a trade union, Berliner Clubarbeitenden Gewerkschaft, in response to “predatory management practices”. (RA) 
  • Yuval Hen, the founder of London club E1, has resigned from his position as director amid allegations of having served with the Israeli Defence Force (IDF) in Gaza. (DJMag) 
Streams & Podcasts
  • Black Futures: How house music took center stage in the '80s (NPR) 
  • RA.923 Rick Wade (RA) 
  • RA.924 Bitter Babe (RA) 
  • Europa | Boiler Room Festival Berlin: Slagwerk (BoilerRoom) 
  • Charlie Sparks techno set from DJ Mag HQ (DJMag) 
  • Martin Garrix live @ IDEM (Amsterdam RAI 2023) (MartinGarrix) 
Artist and Music Features
  • Selections: Nkisi (DJMag)
  • The Sound Of: Mechatronica (DJMag) 
  • Studio Digest: No Rebekah, no party (RA) 
  • The Art of Production: Octave One (RA) 
  • The fraught life cycle of regional music trends. (FirstFloor) 
  • Shaquille O’Neal — aka DJ Diesel — Discusses his Billboard Chart hits. (Billboard) 
  • Kaskade on why his historic Super Bowl set was a different kind of high: "In a lot of ways, it felt like home". (EDM) 
  • Feel the euphoria: Why Shygirl is reshaping classic club sounds. (Mixmag) 
  • DESIREE: the ascent of South African house music’s brightest star. (DJMag) 
  • A new report from music data company Chartmetric shows the long odds of going from undiscovered to mainstream in a single leap. (Billboard)  
  • Why is everybody a DJ all of a sudden? And the worst of the lot are the 'celebrity' DJs. (Standard) 
  • Clubs and bars struggling to keep afloat as hard-up young people forgo midweek nights, says Rekom CEO. (Guardian) 
  • What is the future of London clubbing? (DJMag)
  • How Boiler Room’s portal to global club culture has become a ‘Wildly Famous’ form of documentary journalism. (Billboard) 
  • Detroit’s Blueprint presents the first in a new three-part series exploring the untold history of Detroit techno from the perspective of the women who built it. (RA) 
Artist News
  • Four Tet to curate two-day party in New York in May. (RA) 
  • Gesaffelstein has unveiled details of his third studio album, ‘GAMMA’. (Mixmag) 
  • Fatboy Slim has accepted a Honorary Fellowship from BIMM University, and announced a new scholarship to foster emerging talent. (RotD) 
  • Swedish House Mafia are heading to Ibiza this summer for a historic DJ residency at the Ushuaïa. (EDM) 
  • SHERELLE curates free London exhibition spotlighting Black and LGBTQIA+ dance music. (RA) 
  • Becky Hill and Chase & Status will be performing together at this year's BRIT Awards. (RotD) 
  • Justice are set to appear as Featured Speakers at SXSW 2024. (Billboard)  
  • Radical Softness, real name Lea-Rose Besson, has died at the age of 28. (RA) 
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