News From Jay-Z selling TIDAL to Hipgnosis and Primary Wave’s catalog buys: It’s MBW’s Weekly Round-up The biggest music industry stories of the week, all in one place
News Live Nation revenues fell 79% year-on-year in Q1, but it says events are now ‘selling out faster than ever before’ Company has published its financial results for Q1 2021
News UK music industry body slams ‘retrograde’ government report on systemic racism in Britain "We believe much more can and should urgently be done to tackle racism and boost diversity and inclusion."
News DIY distribution platform Ledo, launched by Spinnin’ Records co-founder, files for bankruptcy Eelko van Kooten claims Ledo's website has been taken "hostage" by its digital agency
News Twitch mobile app was downloaded 22m globally in Q1 2021, up 62% year-over-year Platform's mobile MAUs for March 2021 were up 69% year-on-year
News Childish Gambino sued for copyright infringement over This is America Emelike Nwosuocha (aka Kidd Wes) claims that his song Made in America was copied
News Corey Sorrento joins Catch Point Rights Partners as Investment Associate Exec joins from media investment banking firm Shot Tower Capital
News Music financing doesn’t have to lead to seller’s remorse. "The outright sale of rights may very well work for some, but it doesn’t sit well with others."
News Eagle Rock veteran Simon Hosken joins livestream firm PUSH LIVE as Chief Financial and Operating Officer Hosken previously held the position of COO and CFO for 15 years at Universal Group's Eagle Rock Entertainment
News Jay-Z, Troy Carter and Andreessen Horowitz join $19m funding round for NFT marketplace Bitski Company lets brands, game developers and consumers create, sell and purchase NFTs
News Beggars Group launches new music supervision business Colourbox Music with Ben Turner and Simon Astall Astall and Turner have worked with directors including Andrea Arnold, Baz Luhrmann, Danny Boyle and David Lynch
News Reservoir signs Grammy-nominated Marcus ‘Marclo’ Lomax to worldwide publishing deal Lomax has co-written and co-produced records for Miley Cyrus, Dua Lipa and Justin Bieber
News Soundcloud partners with Triller on playlist integration Tracks are also available for Triller creators to use in their video content
News Sophia Bacuros and Deryck Vanderbilt-Nicholson join Troy Carter’s Venice Execs join from HITCO Entertainment and Island Records/4th & B'way, respectively