News Web3 startup Medallion, led by former Songkick CEO Matt Jones, raises over $9m in seed funding round Seed round saw support from Mick Management, Mike Shinoda, Red Light Ventures and more
News Hannah Dudley named Head of Artist Promotion and Marketing at amuse The hire follows what amuse calls a "year of growth" for the label, which has 5000+ tracks within its catalog of licensed music, it says
News Universal consolidates licensing rosters of merchandise companies Bravado and Epic Rights Lisa Streff to oversee global licensing strategies across both companies
News UK music licensing company PPL reports revenues of $347.7m for 2021, up 12% YoY £252.8m ($348m) is second highest annual revenue total for PPL
News After returning as an NFT platform, LimeWire strikes first major label deal with Universal Music Group LimeWire says UMG artists can now use its platform to sell NFTs directly to fans and collectors
News Dominique Casimir promoted to Chief Content Officer at BMG, taking on responsibility for UK repertoire The move will see Casimir carry direct responsibility for BMG’s repertoire operations in 16 international territories
News From Sony and Warner’s calendar Q1 results to TikTok’s A&R recruitment drive: It’s MBW’s Weekly Round-Up The biggest stories from the past week – and why they matter
News BMG and Warner competing for Pink Floyd catalog, which could fetch more than Bruce Springsteen’s $500m+ deal (report) FT reports that bids are flying in above the half-billion-dollar mark
Analysis News At $4.9bn, Peloton’s market cap value has plunged to just 10% of what it was in January 2021 Stat Of The Week: Spotify isn't the only music-related tech giant with a rapidly sinking share price
News Ghostly International and Secretly form All Flowers Group All Flowers Group will be the parent company of Ghostly and the newly launched hip-hop and r&b label, drink sum wtr
News Warner’s ADA Worldwide forms JV with independent label and creative agency, Big.Ass.Kids Company was founded by le’Roy Benros in 2021
News As ByteDance IPO rumors resurface, TikTok hires for A&R execs in London and LA to ‘sign’ new artists Job ads for A&R Managers pop up in London, Los Angeles and Sao Paulo (Brazil).
Analysis Blog ‘What is currently an opaque black box of song royalties, needs to be transformed into a glass box.’ The following op/ed comes from Annabella Coldrick, Chief Executive of the UK's Music Managers Forum
News The Chainsmokers are giving away a share of their streaming royalties for free, via Justin Blau’s NFT platform Royal Royal says The Chainsmokers will be making 5,000 NFTs that represent a collective 1% of their new album’s streaming royalties
News YouTube’s Q1 ad revenue was more than double what Spotify made across its entire business in Q1 YouTube's advertising revenues reached $6.87 billion in Q1 2022