News From Justin Bieber selling his catalog, to Spotify cutting 500+ jobs… it’s MBW’s Weekly Round-Up Our biggest stories of the week, brought to you in association with Centtrip
News Roey Hershkovitz appointed Vice President of Sound and Picture at Universal Music Group Hershkovitz will work across UMG’s studios globally
News Universal Music UK’s EMI Records launches new label, EMI North, led by Clive Cawley Exec moves over from his current role of MD, EMI to President, EMI North
News Warner’s dismissal of legacy unrecouped advances has already increased earnings of 4,500 artists and producers globally Stat was revealed in WMG's latest annual ESG report for shareholders
News UK music licensing company PPL paid out over $300m to 165,000 performers and recording rightsholders in 2022 This was the highest number of performers and recording rightsholders ever paid by PPL in a calendar year
News Tyler Johnson was the world’s top music producer in 2022, according to Jaxsta’s Honors List Jaxsta's Honors List identifies the world’s 100 most successful producers for 2022 using a weighted algorithm
News Sas Metcalfe to step down as Chief Creative Officer of Kobalt Music Metcalfe was Kobalt's first-ever employee
News Jason Murray named President of Vector Management, as firm merges with Black Box Music Black Box Music was founded in 2004 by Jason Murray and Ian Stanger
News Warner Chappell Production Music expands to Brazil, led by Renato Moraes Moraes has worked in the music industry for two decades
News Penske Media Eldridge acquires Dick Clark Productions – producer of the Golden Globes and Billboard Music Awards PME is a PMC subsidiary and joint venture between Penske Media Corporation and Eldridge
News Google sued by DOJ over allegedly monopolizing digital advertising tech US Department of Justice sues Alphabet-owned Google
News SoundHound raises $25m, just 2 weeks after axing 40% of its workforce Company closed the financing on Friday, January 20
News Exceleration Music strikes strategic partnership and invests in catalog of indie label +1 Records +1 co-founder and CEO Jonny Kaps will continue to lead the label
News Erika Montes, SoundCloud’s Global VP for Artist & Label Relations, joins Rostrum Records as President Rostrum founder Benjy Grinberg to move into new role of CEO
News Adam Gardiner joins Concord Music Publishing as Senior Vice President of International Sync Exec joins from Universal Music’s creative division, Globe, where he was Head of Film & TV.
News Spotify wipes vacancies from global jobs board as hiring freeze hits after 500+ layoffs Music streaming company is reducing its global workforce by 6%
News Rapper Papoose named Head of Hip-Hop at TuneCore Papoose will report directly to Andreea Gleeson, Chief Executive Officer, TuneCore
News Patrick Moxey’s Ultra International Music Publishing acquires catalog of Grammy-winning producer Zaytoven UIMP has also struck a co-publishing deal with Zaytoven