News Daniel Ek cashes out another $57.5m in Spotify stock, just three months after he banked $64m, and 6 months after he offloaded $100m in shares Ek sold his shares at a time when Spotify's stock price is at its highest level since late 2021
News CTS Eventim’s revenues blow past expectations, jump 22.5% in 2023 to $2.5B Ticketing revenues grew more than 32%, while live event revenues jumped by nearly 19%
News Africa-focused music streaming service Mdundo hits 30.8M monthly active users The company reported a steep drop in ad revenue, but large growth in paid subscribers
News Jermaine Dupri’s So So Def Recordings joins forces with Create Music Group in multi-year deal So So Def founder Jermaine Dupri will transition from CEO to Chairman of the company, retaining creative direction
News UK music licensing company PPL paid out over $352m to performers and rightsholders in 2023 PPL credits its 2023 performance to the ongoing recovery from the pandemic, with more businesses reopening in the UK and globally
News Karen Vincent elevated to General Manager of Warner Music Denmark The 25-year veteran of the music industry most recently served as Warner Music Denmark's Marketing Director
News Lina Tebbs named Director, UK Production Music at Warner Chappell Music Tebbs will aim to reinvigorate the Production Music team by exploring new approaches to cater to Warner Chappell's extensive catalog
News Mike Caren’s APG makes string of promotions, including Eli Piccarreta to SVP, A&R APG says it has signed and broken more than 20 artists with gold or platinum selling status and achieved more than 300 RIAA certifications
News Megan Thee Stallion inks distribution deal with Warner Music that allows her to remain independent The deal has the potential to "shift the landscape in the music industry," Says Roc Nation's Desiree Perez
News Music Reports acquires music licensing and data platform Blokur Independent music rights administration platform Music Reports says its acquisition of Blokur is meant to complement its existing services and technology
News Natasha Billing named SVP, Commercial and Data Insight at Warner Music UK; Nick Allum upped to VP, Data and Insight Warner says the new appointments are meant to elevate the quality of service provided to labels and partners
News Sony Music Publishing UK appoints ZaZa Kazadi, Adrienne Bookbinder, Nasra Artan to senior A&R roles The new appointments come some two months after Sony Music Publishing UK reshuffled its A&R department
News TuneCore and Amazon Music UK partner to offer free studio time to independent artists Twelve self-releasing artists at TuneCore will be granted access to Metropolis Studios' Studio X
News Warner Chappell Music signs Grammy-nominated R&B artist Coco Jones to exclusive publishing deal Jones is up for five awards at the forthcoming 66th Annual Grammys
News Big Machine Label ups Mike Rittberg to COO, Clay Hunnicutt to EVP, Label Operations Rittberg, a veteran of Universal Music Group, joined Big Machine in 2017, while Hunnicutt, formerly of Big Loud, joined in 2019