News Warner Music Group signs deal for records made by an algorithm A sound app called Endel has become the first-ever algorithm to release music via major label
News Dickon Stainer takes over Verve Label Group in reshuffle as Danny Bennett exits UMG Label group will now have a global artist development and marketing strategy
News BTS label Big Hit Entertainment banks $44.5m net profit in 2018 – report Company's revenue increased 132% year-on-year
News Spotify expands free Google Home Mini offer to the UK and France Offer was previously available in the US only
News AWAL’s In2une Music promotes Elana Riggle to Vice President, Promotion Firm was acquired by Kobalt's recordings company AWAL in June 2018
News Songtradr completes $12m Series B funding round Lead investor is WiseTech Global CEO Richard White
News Merck Mercuriadis buys 3 new song catalogs, including No.1 hits by Usher, Beyoncé and Mariah Carey Catalogs include songs that have been nominated for 11 Grammy Awards and have won two
News T-Series briefly claims No.1 YouTube channel position from PewDiePie T-Series currently has 90.399m subscribers
News Nashville’s HoriPro Entertainment Group acquired by Mojo Music Mojo Music has offices in London, New York and Nashville
News Music-making platform Splice raises $57.5m, with ex-SONGS boss Matt Pincus backing company Splice is a cloud-based music creation and collaboration platform
News Tencent Music stock falls following first post-IPO earnings report Revenues hit $785m in Q4 with a net loss of $127m
News ADA Worldwide partners with country music star Sara Evans and her label Born To Fly Records Evans has had five No.1 Country singles
News 7digital appoints Julia Hubbard as Chief Financial Officer She replaces interim CFO David Holmwood
News SoundCloud inks exclusive ad sales deal with Southern Cross Austereo in Australia SCA is Australia’s biggest entertainment company
