News Taylor Swift and Beyoncé’s concert films account for ‘literally all’ of AMC’s revenue growth in Q4 2023 All of the increase in AMC's revenue and EBITDA came from these two concert films, CEO Adam Aron said
News Spotify unveils standalone audiobooks tier for free users, priced at $9.99/month Available only in the US for the time being, the new subscription tier is Spotify's latest attempt at converting free users to subscribers
News Experience commerce platform Easol, which has raised $30M in funding, opens first US office Easol aims to simplify e-commerce for experiential retailers such as festivals and tour operators
News ASCAP doubles down on non-profit model after paying out record $1.59bn to songwriters and publishers in 2023 Over 960,000 members contribute to ASCAP's musical catalog, which includes artists like Beyoncé, Billy Joel, Cardi B, and more
News Sony Music UK promotes Damaris Rex-Taylor to Managing Director, RCA Records UK At RCA UK, Rex-Taylor has guided campaigns for artists such as Tyla, Travis Scott, Cat Burns, Miley Cyrus, and newcomer Myles Smith
News Bella Figura appoints Billy Millar as SVP of Creative, Chris Presland as Catalog Project Manager Millar has previously held prominent roles at BMG and Hipgnosis, while Presland comes to Bella Figura from AWAL
News HarbourView Equity Partners acquires ‘select songwriting and publishing assets’ from Hip-Hop/R&B group Full Force The six-person collective has created music for the likes of Rihanna, Justin Timberlake, N'Sync, UTFO, Britney Spears, James Brown and Black Eyed Peas
News IMPALA calls on Apple to rethink spatial audio bonus, seek ‘collaborative’ solution Apple Music's higher payouts for songs available in Spatial Audio disadvantages indie artists and labels, IMPALA says
News Key Production expands in Europe with German office led by Andreas Kohl The company’s new European division will provide access to its entire supply chain, including manufacturing, packaging, and project management
News Bucks Music Group partners with industry veteran Eddie Levy to launch Chelsea Songs JV Chelsea Songs will manage the works of artists like Bill Withers, Andre Rieu, The Hues Corporation, and others
News Believe UK and Bella Union ink global partnership for releases and select catalog Believe UK will handle all-format distribution and provide comprehensive support to Bella Union's operations
News Intergalactic Fantastic Worldwide’s James Fava joins Three Six Zero as Partner Fava joins Three Six Zero while retaining his leadership role at Intergalactic Fantastic Worldwide
News Sony Music settles copyright dispute with rock musicians including New York Dolls’ David Johansen Details of the settlement were not revealed, in a case that has been ongoing since 2019
News Live Nation among backers of new 12,000-seat, $100m arena in Lagos The $100-million development comes amid a boom in the popularity of West African music
News Songwriters and publishers to receive nearly $400m payout after streaming royalty ruling in the US The MLC calculates that streaming giants like Spotify, Amazon Music and YouTube, underpaid songwriters and publishers by $419.2 million in 2021-2022