LONDON – Vinyl sales grew twice as fast as streaming in the United Kingdom last year, helping drive an 8.7% rise in overall music spending, according to year-end figures from the Entertainment Retailers Association (ERA). Vinyl album sales rose by 23% to £136 million ($184 million) in 2021, compared to 10.9% growth in subscription streaming revenue over the same period. Overall music spending rose to £1.68 billion ($2.3 billion), the organization says in its preliminary annual figures published on Wednesday (Jan. 5). While vinyl sales outpaced streaming, digital music services like Spotify, Amazon Music, YouTube Music and Apple Music account for almost 80% of recorded music spending in the U.K., with subscription revenues climbing to a record high of £1.3 billion ($1.8 billion), up 10.9% f...
The Lagos State Building Control Agency (LASBCA) said it is set to demolish 70 distressed buildings in the state. Twenty of the buildings are on Lagos Island. The agency made this known after bulldozing a partially collapsed house at 19 Church Street on the Island. LASBCA spokesman, Mr Gbadeyan Abdulraheem, said the General Manager of the agency Mr Gbolahan Oki, supervised the demolition. Oki said it has became an urgency to immediately remove the dilapidated and distressed building, which were no longer fit for human habitation, to prevent collapse. He said many defective buildings had been marked for removal in a bid to end the era of building collapses. Oki noted that his team had earlier visited the distressed buildings to get an on the spot assessment and asked the residents to reloca...
The Federal Government says it has facilitated the use of a tracking device to track every truck loading petroleum product from any of its depots as part of efforts to nip smuggling in the bud and arrest culprits. Minister of State for Petroleum Resources, Chief Timipre Sylva, said this at a forum organised by the News Agency of Nigeria (NAN) to gauge the achievements recorded in the oil and gas sector in the last two years. Sylva noted that a lot had been achieved in the industry but that the activities of smugglers had continued to overshadow the successes especially as it concerned fuel subsidy and the quantity of petroleum products consumed in the country. “This is one big question that we try to answer ourselves because when we look at the number of load-outs from our depots every day...
Minister of Information and Culture, Alhaji Lai Mohammed, has advised media organisations to set up special desks for fact-checking in order to guard against being misled by fake news and misinformation. He gave the advice in Abuja yesterday when he hosted the editorial board of the Guardian Newspaper on a courtesy visit. The minister urged media organisations in Nigeria to take his suggestion seriously, noting that establishment of a special desk for fact-checking will curb the problem of fake news and enable the citizens to separate fact from fiction. He said in the era of fake news and misinformation, the media has a duty to get its facts right and ensure that charlatans and hackers do not dominate the media space, as it is increasingly becoming the case in the country. Mohammed said: “...
The North Central Patriot (NCP) on Monday said that the region doesn’t need the position of chairmanship but presidency. The group said that the zone has occupied that position severally in the time past, adding that their agitation is for the position of presidency, which has eluded them since the nation transmuted in democracy. NCP specifically said that the former President of the Senate, Bukola Saraki is not looking for the position of chairmanship, adding that he’s eminently qualified to be President of this country. The group, in a statement by its President, Bitrus Paul, commended the governor of Kogi state, Yahaya Bello, for taking the initiative to tell the world that he’s interested in the position of presidency. NCP reinstated that North Central doesn’t lack quality leaders, who...
A group under the auspices of Initiative for Conciliation and Right Protection has advocated for palliative for victims of terrorism and banditry to cushion the effect of the ugly trend. This is contained in a statement jointly signed by Mable Bremah, Godwin Ekoja and Halima Bukar, Assistant Secretary, PRO and Deputy Organising Secretary respectively in Birnin Kebbi on Saturday. It observed that victims of terrorism, banditry and oppressed deserved better treatment to enable such victims resettle and gradually recover from their trauma. The statement urged Nigerians irrespective of ethnic, religious and political affiliation to collectively join hands toward ending the insecurity bedevilling the country to pave way for a better Nigeria. It observed that Nigerians were living in an unpreced...
Engadget Apple Music’s payment rate for artists and labels is fundamentally a penny per stream, according to a letter from the company posted on its artist dashboard and first reported by the Wall Street Journal. That payment rate is higher than Spotify, which has a confusing variable rate scheme that basically tops out at a half-penny per stream. Announcing a penny-per-stream rate is a nice PR win for Apple Music, since it is 1. very simple and 2. Spotify hates talking about its per-stream payments, which the company insists are a misleading figure. Seriously, it just launched an entire website called Loud&Clear last month designed to help artists and fans understand how payments work, and a good chunk of it is devoted to explaining why per-stream rates are not the right thing to focu...