News Cutting Edge acquires ‘major’ film music catalog from First Score Music in multi-million dollar deal Company says acquisition gives it full master and publishing rights to more than 75 'premium' film scores
News Downtown to make layoffs across various divisions (report) Unspecified number of roles will be affected across CD Baby, Downtown Music Publishing, Songtrust and Downtown Music Holdings divisions
News Canadian singer-songwriter Corey Hart sells publishing catalog to peermusic He has sold over 16 million records worldwide
News TikTok CEO: ‘Almost half’ of US population uses the app, and a ban would ‘damage’ the country’s economy TikTok now has 150 million users in the US, up from 100 million it said it had in 2020
News Twitch cuts over 400 roles amid widespread layoffs at parent company Amazon Amazon announced another 9,000 job cuts this week
News Twitter’s music licensing talks hang in the balance after Elon Musk’s takeover (report) The New York Times reports that licensing talks 'stalled' after Elon Musk acquired the social media platform
News BBC tells staff to delete TikTok after UK bans app on government devices British broadcaster tells employees to uninstall TikTok from their work phones
News RIAA and over 30 other groups launch AI campaign to support human creativity Signatories include the RIAA, the Recording Academy, SAG-AFTRA, SoundExchange and more
News US government wants TikTok’s Chinese owners to sell stakes or face ban – report Company was reportedly contacted by the Committee on Foreign Investment in the US (CFIUS) demanding divestment
News Vinit Thakkar exits COO role at Universal, returns to Sony Music as Managing Director for India Thakkar succeeds Rajat Kakar, who is scheduled to leave at the end of March
News Ex-TikTok exec Shawna Spears joins Venice Music as VP of Brand Marketing Exec led artist and manager partnerships (HipHop and R&B) at TikTok
News As US vinyl sales soar, Metallica buy their own pressing plant to meet ‘massive demand’ Legendary heavy metal band acquires controlling stake in Furnace Record Pressing
News Hipgnosis exec Tony Barnes named as co-founder of metaverse startup Karta Karta is a metaverse studio that offers in-game experiential marketing for musicians, brands and sports teams
News Arica Ng appointed President, Asia Pacific at Warner Chappell Music Exec will be based in Hong Kong, reporting to Guy Moot, Co-Chair and CEO of WCM
News Universal buys classical label Hyperion, four months after launching its own classical music service via Deutsche Grammophon Hyperion was founded in the UK in 1980 by the late Ted Perry MBE.