“Steve Redmond has played a pivotal role over more than a decade in helping define BMG as a new kind of music company,” said BMG CEO Thomas Coesfeld said…

Music Business Worldwide

03.05.2024

John Lennon’s ‘Mind Games’ gets meditative remixes through Lumenate partnership - Music Business Worldwide

Lumenate aims to make psychedelic therapy accessible to everyone through a smartphone app.

Music Business Worldwide

03.05.2024

‘Ultimately, it’s about getting songwriters paid – accurately, fairly and on time.’ - Music Business Worldwide

Claire McAuley, EVP of Global Rights Management at Warner Chappell, doesn’t just have a passion for publishing, she loves the granular detail and the noble toil…

Music Business Worldwide

03.05.2024

Universal Music Group generated $2.8 billion in Q1 - up 7.9% YoY - Music Business Worldwide

UMG, which trades on the Euronext stock exchange in Amsterdam, has published its Q1 results (for the three months to end of March)…

Music Business Worldwide

03.05.2024

Concord Label Group hires former UMG execs Brad Clark and Kristen Reed to its data analysis teams - Music Business Worldwide

This is the second round of senior hires at Concord Label Group just this week.

Music Business Worldwide

03.05.2024

Sir Lucian Grainge confirms ‘greater compensation’ is coming from TikTok for UMG artists and songwriters - Music Business Worldwide

MBW obtains memo from Sir Lucian Grainge to his employees, detailing new agreement with TikTok…

Music Business Worldwide

03.05.2024

SoundCloud launches ‘fan-powered’ Buzzing Playlists to spotlight up-and-coming artists - Music Business Worldwide

The streaming service aims to address the “zero-plays problem” caused by a massive influx of new music.

Music Business Worldwide

02.05.2024

Artists have earned $123m via Bandcamp Fridays since 2020 and fans have paid artists and their labels $1.3bn via the platform to date - Music Business Worldwide

The direct to fan platform celebrates its 40th Bandcamp Friday on May 3…

Music Business Worldwide

02.05.2024

Reservoir Media plans $100M offering to fund acquisitions, debt repayment - Music Business Worldwide

The move signals Reservoir’s ambition to fuel further growth through acquisitions while reducing its debt.

Music Business Worldwide

02.05.2024

Tracklib launches ‘Sounds,’ a royalty-free sampling feature - Music Business Worldwide

The company boasts a library of more than 100,000 songs from 400 labels and publishers.

Music Business Worldwide

02.05.2024

Will Hunt promoted to Vice President of A&R at AWAL - Music Business Worldwide

Exec joined AWAL from Columbia Records in 2018…

Music Business Worldwide

02.05.2024

‘The TikTok era is over. Artists aren’t being signed based on one thing going viral anymore.’ - Music Business Worldwide

MBW’s Inspiring Women series meets Michele Harrison, founder of management company…

Music Business Worldwide

02.05.2024

The NMPA’s TikTok deal has officially ended. What does that mean for independent publishers in the US? - Music Business Worldwide

“Music is essential to TikTok. As we have said, we are not engaging in an extension of our deal,” said NMPA President &

Music Business Worldwide

02.05.2024

Anghami’s paid subscribers jumped 18% in Q1 2024, after a 2023 of revenue ‘headwinds’ - Music Business Worldwide

The MENA-focused streaming service expects a revenue boost following its merger with TV and film streamer OSN+.

Music Business Worldwide

02.05.2024

Primary Wave partners with Endel to create sleep and focus soundscapes from artists - Music Business Worldwide

Endel boasts partnerships with the likes of Universal Music Group, Spinnin’ Records, AWAL and Future Classic.

Music Business Worldwide

02.05.2024

UK lawmakers call for AI legislation to protect artists from deepfakes, copyright infringement - Music Business Worldwide

“Our central insight must always be that AI can be a great servant but would be a terrible master.”

Music Business Worldwide

01.05.2024

Warner Music Group boss Robert Kyncl backs US Senate bill to crack down on AI deepfakes - Music Business Worldwide

Kyncl to give testimony to a subcommittee of the Senate Judiciary Commitee on Tuesday (April 30)…

Music Business Worldwide

01.05.2024

Jenny Gorotiza promoted to Vice President, Marketing at Island Records - Music Business Worldwide

Based in New York, Gorotiza will continue to spearhead creative marketing campaigns for artists, including Shawn Mendes, keshi, and Lauren Spencer Smith.

Music Business Worldwide

01.05.2024

India’s Tips Industries generated $7.6m in calendar Q1, up 22% YoY - Music Business Worldwide

India-headquartered music and entertainment company Tips has published its financial results for calendar Q1…

Music Business Worldwide

01.05.2024

Jill Weindorf and Joe Dent promoted to Executive Vice President roles at Concord Label Group - Music Business Worldwide

The move is one of the first under newly appointed Chief Executive of Concord Label Group Tom Becci…

Music Business Worldwide

01.05.2024

Nick Ghelakis and Nicole Thomas named Co-Country Managers of Virgin Music Group, South Africa - Music Business Worldwide

South Africa is the largest recorded music market in the Sub-Saharan African (SSA) region…

Music Business Worldwide

01.05.2024

Spotify vs. Songwriters (again): NMPA says SPOT’s latest move to lower royalty rates is ‘likely to end up in a legal conflict’ - Music Business Worldwide

David Israelite on his problems with Spotify’s ‘bundle’ switch, and whether the NMPA will sue…

Music Business Worldwide

01.05.2024

NetEase Cloud Music expands K-Pop library with JYP Entertainment partnership - Music Business Worldwide

The China-based music streaming service says it will continue signing new partnerships to bring a wider range of music to its listeners.

Music Business Worldwide

01.05.2024

Producer T-Minus on his work with J Cole, Drake, Lil Wayne and more

T-Minus talks about his work with J Cole, Drake, Lil Wayne and more, as well as what makes a great producer in 2024 and what he would change about the modern music industry

Music Business Worldwide

01.05.2024

TikTok strikes another global ticketing partnership, this time with Germany’s CTS EVENTIM - Music Business Worldwide

TikTok’s push into ticketing services comes amid a licensing dispute with Universal, and a US law forcing ByteDance to sell the company or face a ban.

Music Business Worldwide

01.05.2024

FKA Twigs has developed a multi-lingual deepfake of herself to handle her social accounts

Twigs says her AI doppelganger will allow her to “continue to focus on my art from the comfort and solace of my studio.”

Music Business Worldwide

30.04.2024

Sony Music Germany launches ‘noted. records’ for electronic music, with A&R and strategy led by Jean-Sebastien Permal - Music Business Worldwide

The market value of the global dance music scene grew by double digits in 2023.

Music Business Worldwide

30.04.2024

A shaman, a management coup, a tearful press conference and a $770m market cap dip: What the heck is going on at HYBE? - Music Business Worldwide

Disputes between record companies and their executives have happened before, but this one takes the cake for weirdness.

Music Business Worldwide

30.04.2024

Blackstone launches $1.57 billion bid for Hipgnosis Songs Fund; HSF board recommends offer to shareholders - Music Business Worldwide

With debt taken into account, Blackstone’s latest offer values HSF at approximately USD $2.177…

Music Business Worldwide

30.04.2024

NEON16 signs Latin American producers, Faraon and Distobal, to its publishing division - Music Business Worldwide

‘This partnership symbolizes our commitment to shaping the future of music,’ said Raul Chirinos, NEON16’s Head of Publishing…

Music Business Worldwide

30.04.2024

ONErpm’s ONE Publishing strikes partnership with YouTube for multiple countries in Latin America and the US - Music Business Worldwide

ONE Publishing to directly collect mechanical royalties from YouTube in Brazil, the United States, and multiple Latin American countries…

Music Business Worldwide

30.04.2024

Deezer’s revenues grew 14.2% YoY to $144m in Q1; subscriber base reached 10.5m - Music Business Worldwide

Paris-headquartered music streaming service Deezer has published its financial results and subscriber numbers for Q1 2024…

Music Business Worldwide

30.04.2024

PULSE Music forms ‘music publishing creative joint venture’ with Jon Bellion’s Beautiful Mind - Music Business Worldwide

Songwriter and multi-instrumentalist Elijah Noll is the first artist signed to the joint venture.

Music Business Worldwide

27.04.2024

Music industry veteran Richard Stumpf launches Hawkeye Music Publishing - Music Business Worldwide

New company has named Round Hill Music as a strategic partner…

home›Music Business Worldwide›Economy

Music Business Worldwide - Economy

From Universal’s TikTok deal to Blackstone’s bid for Hipgnosis Songs Fund… it’s MBW’s Weekly Round-Up - Music Business Worldwide

Live Nation revenue reached $3.8bn last quarter; attendance grew 21% to 23m fans in Q1 - Music Business Worldwide

Warner’s Songkick strikes partnership with ticketing and marketing company Shoobs - Music Business Worldwide

Universal Music and TikTok strike new licensing deal – including ‘improved remuneration’ for UMG artists and songwriters - Music Business Worldwide

HYBE’s revenue dropped 12% YoY in Q1; Weverse platform saw user decline amid ongoing BTS drought - Music Business Worldwide

Korean regulators approve Kakao’s takeover of SM Entertainment, amid ongoing stock price manipulation probe - Music Business Worldwide

Steve Redmond to step down as Global Head of Communications at BMG - Music Business Worldwide

John Lennon’s ‘Mind Games’ gets meditative remixes through Lumenate partnership - Music Business Worldwide

‘Ultimately, it’s about getting songwriters paid – accurately, fairly and on time.’ - Music Business Worldwide

Universal Music Group generated $2.8 billion in Q1 - up 7.9% YoY - Music Business Worldwide

Concord Label Group hires former UMG execs Brad Clark and Kristen Reed to its data analysis teams - Music Business Worldwide

Sir Lucian Grainge confirms ‘greater compensation’ is coming from TikTok for UMG artists and songwriters - Music Business Worldwide

SoundCloud launches ‘fan-powered’ Buzzing Playlists to spotlight up-and-coming artists - Music Business Worldwide

Artists have earned $123m via Bandcamp Fridays since 2020 and fans have paid artists and their labels $1.3bn via the platform to date - Music Business Worldwide

Reservoir Media plans $100M offering to fund acquisitions, debt repayment - Music Business Worldwide

Tracklib launches ‘Sounds,’ a royalty-free sampling feature - Music Business Worldwide

Will Hunt promoted to Vice President of A&R at AWAL - Music Business Worldwide

‘The TikTok era is over. Artists aren’t being signed based on one thing going viral anymore.’ - Music Business Worldwide

The NMPA’s TikTok deal has officially ended. What does that mean for independent publishers in the US? - Music Business Worldwide

Anghami’s paid subscribers jumped 18% in Q1 2024, after a 2023 of revenue ‘headwinds’ - Music Business Worldwide

Primary Wave partners with Endel to create sleep and focus soundscapes from artists - Music Business Worldwide

UK lawmakers call for AI legislation to protect artists from deepfakes, copyright infringement - Music Business Worldwide

Warner Music Group boss Robert Kyncl backs US Senate bill to crack down on AI deepfakes - Music Business Worldwide

Jenny Gorotiza promoted to Vice President, Marketing at Island Records - Music Business Worldwide

India’s Tips Industries generated $7.6m in calendar Q1, up 22% YoY - Music Business Worldwide

Jill Weindorf and Joe Dent promoted to Executive Vice President roles at Concord Label Group - Music Business Worldwide

Nick Ghelakis and Nicole Thomas named Co-Country Managers of Virgin Music Group, South Africa - Music Business Worldwide

Spotify vs. Songwriters (again): NMPA says SPOT’s latest move to lower royalty rates is ‘likely to end up in a legal conflict’ - Music Business Worldwide

NetEase Cloud Music expands K-Pop library with JYP Entertainment partnership - Music Business Worldwide

Producer T-Minus on his work with J Cole, Drake, Lil Wayne and more

TikTok strikes another global ticketing partnership, this time with Germany’s CTS EVENTIM - Music Business Worldwide

FKA Twigs has developed a multi-lingual deepfake of herself to handle her social accounts

Sony Music Germany launches ‘noted. records’ for electronic music, with A&R and strategy led by Jean-Sebastien Permal - Music Business Worldwide

A shaman, a management coup, a tearful press conference and a $770m market cap dip: What the heck is going on at HYBE? - Music Business Worldwide

Blackstone launches $1.57 billion bid for Hipgnosis Songs Fund; HSF board recommends offer to shareholders - Music Business Worldwide

NEON16 signs Latin American producers, Faraon and Distobal, to its publishing division - Music Business Worldwide

ONErpm’s ONE Publishing strikes partnership with YouTube for multiple countries in Latin America and the US - Music Business Worldwide

Deezer’s revenues grew 14.2% YoY to $144m in Q1; subscriber base reached 10.5m - Music Business Worldwide

PULSE Music forms ‘music publishing creative joint venture’ with Jon Bellion’s Beautiful Mind - Music Business Worldwide

Music industry veteran Richard Stumpf launches Hawkeye Music Publishing - Music Business Worldwide

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