Posts by Daniel Tencer

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After Spotify’s $100bn market cap milestone, Daniel Ek cashes out another $28m

Spotify's co-founder and CEO has sold $248.3 million-worth of company stock so far this year

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Universal, Warner team up with Realize Music for wellness-through-singing VR app

The 'Realize Music: Sing' VR app aims to use singing as a therapeutic tool, with music from UMG and WMG

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Musi was kicked off the App store over copyright infringement allegations, now it’s accusing Apple of a ‘backchannel scheme’ to remove it

Apple cited complaints from IFPI, NMPA and Sony Music in defending its decision to remove Musi from its App Store

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$1bn-valued Create Music Group acquires 50% stake in UK label and publisher Enhanced

CMG's investment comes after closing a $165 million investment round earlier this year

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Warner Music Japan, NBCUniversal Japan team up on anime-related music

Warner's ADA will begin distribution of NBCUJ's artists and catalog in early 2025

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Stingray’s karaoke app is becoming a common feature in electric cars. Now the company has secured an expanded $352m credit facility

Montreal-headquartered music, media, and tech company is involved in numerous businesses, from advertising to streaming and conventional broadcast TV and radio

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100+ indie distributors in 20 countries have now signed up for The MLC’s data portal for unmatched royalties

The MLC says "millions of dollars" in royalties have been paid out thanks to its portal for indie distributors

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Taylor Swift’s ‘The Eras’ is biggest-grossing tour of all time, generating over $2bn (report)

The movie of Taylor Swift's 'The Eras' tour, and the book of the tour, have also set sales records

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Appeals court rejects last-ditch attempt at reviving copyright case against Ed Sheeran’s ‘Thinking Out Loud’

The appeals court has rejected a request to rehear a case alleging that Sheeran's 'Thinking Out Loud' ripped off Marvin Gaye's 'Let's Get It On'

Analysis News

From ADOR’s NewJeans lawsuit to the biggest music deals of 2024… it’s MBW’s Weekly Round-Up

The biggest stories from the past week – all in one place…

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Warner Music Group’s Paul Robinson to receive 2025 Entertainment Law Initiative Service Award during Grammy Week

The award is granted “to an attorney who demonstrates dedication to supporting and advancing the music community through their service"

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Daniel Ek cashes out another $37m in Spotify stock, bringing total value of shares sold this year to nearly $320m

Spotify's market capitalization is more than double that of the world's largest music company, Universal

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TikTok rival Triller sued over alleged non-payment of $35.5m debt

A hedge fund owned by Yorkville Advisors says Triller Group is in default on a tranche of convertible bonds

Analysis News

The 21 biggest music business deals of 2024: From Irving Azoff to Daddy Yankee, Hipgnosis, and Queen.

The year's biggest deals were dominated by private equity, securitization of music assets, and some blockbuster acquisitions by Sony Music

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TikTok reveals its top songs of 2024; says that 13 of 16 No.1 hits in the US this year are linked to trends on its platform

TikTok has published its Year-End Music Report for 2024. Gata Only by Chilean artists FloyyMenor and Cris Mj was revealed as the platform's top track globally.