News Kygo’s Palm Tree Crew raises $20m in WME-led Series B, pushing valuation to $215m A combination of existing and new investors also participated in the round.
News NMPA names Ralph Peer II as Chair after 54 years on the board; Golnar Khosrowshahi elected Vice Chair The election followed the retirement of former Board Chairman Irwin Z. Robinson
News HarbourView leads $30m investment in Oscar-winning animation studio Lion Forge Entertainment Investment arrives three months after HarbourView secured $500m in additional debt financing from investment giant KKR
News Spotify is finally launching lossless – but it’s not part of a ‘super premium’ tier Lossless listening is rolling out to Spotify Premium subscribers
News The Orchard launches physical distribution network, OPEN, following merger between Germany’s SPV Distribution and Membran It's understood that The Orchard and Napalm will now co-own OPEN
News Over 1 million artists have registered with TikTok’s SoundOn. Now it’s expanding into Germany. The launch comes as TikTok reported reaching 25.7 million users in Germany.
Analysis News US streaming subscriptions hit 105.3m in H1 2025, but recorded music revenue was up by less than 1% YoY Premium paid subscription revenues grew 6.3% YoY in the US in H1 2025 to $2.89 billion
News France’s recorded music revenues grow 3.4% YoY, as income from streaming video plummets The shift from music videos to online clips is causing a decline in video revenues, France's recorded music industry body says.
News Lisa Yang is leaving Goldman Sachs. We’re told she’s joining Warner Music Group. If Yang does end up at Warner, she will join another music-affiliated ex-Goldman exec in Michael Ryan-Southern
News Spotify says 1,000+ artists have featured in its ‘RADAR’ program, and have racked up 338bn+ streams on the platform Artists on the RADAR artist development program have sparked more than 6.5 billion song discoveries on the platform.
News Reservoir acquires Miles Davis publishing catalog Reservoir acquires Miles Davis’ music publishing catalog, as well as rights to his recorded music; will partner with estate on name and likeness opportunities
News NetEase Cloud Music secures deal with production company Most Contents to stream K-drama soundtracks in China The Chinese music streaming platform will gain access to over 70 Korean drama soundtracks from South Korea-based Most Contents
News SoundExchange launches appeal of ruling in SiriusXM lawsuit, says satellite radio firm has underpaid royalties by $400M SoundExchange is challenging a judge's ruling that the PRO doesn't have authority under the law to sue on behalf of rightsholders
News TikTok tops 200 million monthly users in Europe Roughly one in three citizens in Europe use the app monthly, according to TikTok
News HYBE Latin America launches Regional Mexican music label S1ENTO Records The label's launch and operations will be led by Los Angeles-based General Manager, Myrna Pérez