News Former CNN CEO Jeff Zucker forms $1bn fund to acquire and invest in entertainment and sports properties Zucker has launched a JV with private equity firm RedBird Capital Partners and Abu Dhabi-based International Media Investments
News Capitol Music Group bolsters marketing and artist development teams, with 6 execs appointed to VP roles CMG names or promotes Jessica Eason, Zoe Gillespie, Katie Haffenden, Chris Kershaw, Byron Miller and Alex Williams to VP roles
News Bad Bunny grosses $435m from 81-date tour in 2022, setting new all-time calendar year record Previous record was set by Ed Sheeran in 2018 for his Divide tour, which amassed $432.3m
News Web3 music platform Public Pressure raises $6m led by blockchain-focused investor Scytale Funding startup's first music and gaming NFT project sale, which generated $2 million
News Triller responds to Sony Music lawsuit over unpaid licensing fees SME sued Triller for allegedly failing to pay millions of dollars' in contractual licensing fees
News NetEase Cloud Music strikes licensing deal with J-pop and anime music company Pony Canyon Pony Canyon's catalog includes artists such as Official HIGE DANdism, GARNiDELiA, Kana Hanazawa
News Connect Music Group expands operations in UK via acquisition of artist and label services firm MTX MTX was founded in 2018 by Mike Bartlett and Mike Mills
News Merlin partners with fitness app Supernatural to bring indie music to Meta Quest virtual workouts Supernatural claims to be 'world's first subscription-based, full-body fitness service for virtual reality'
News Tuned Global partners with two firms in the medical technology space, MediMusic and Nue Life Health Tuned Global to provide metadata, music content, and streaming service functionality through its suite of APIs
News Web3 music platform Public Pressure’s first NFT project rakes in $2m ‘within days’ of release NFT collection comprised 3,333 limited edition NFTs that were sold for a fixed price of $600 apiece
News Song data startup Session, co-founded by Max Martin, ABBA’s Björn Ulvaeus, Niclas Molinder, partners with Brazil collection society UBC UBC represents more than 50,000 members
News Warner partners with e-commerce platform LGND.io and blockchain firm Polygon on new collectables platform LGND Music platform to launch in January 2023
News After closing $100m fund, artist funding platform beatBread expands European business, led by industry veteran Mark Terry Terry will lead the company’s expansion in the UK and Continental Europe
News deadmau5 and Richie Hawtin’s metaverse platform PIXELYNX acquired by Animoca Brands Investment follows recent reports that Animoca is launching a $2 billion metaverse fund for developers
News SiriusXM explores job cuts on slowing revenue growth (Report) Firm warned of potential job cuts in a November 28 town hall with employees, according to Bloomberg