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.
News Chrysalis Records signs global distribution deal with Secretly Distribution Deal covers all physical and digital distribution for the label’s frontline releases
News Spotify doubles down on short-form video content with new ‘Clips’ feature Spotify Clips lets artists add videos of up to 30 seconds long to their artist profiles
News Alison Donald promoted to Head of Global Creative at Kobalt Exec joined Kobalt in 2017 from Columbia Records UK
News Julie Adam named EVP and General Manager at Universal Music Canada Exec will lead UMC’s front-line operations, overseeing the label’s marketing, digital strategy, commercial affairs, and brand partnership portfolios
News Warner Music settles lawsuit with rock band The Jesus And Mary Chain over rights dispute Music company and band end lawsuit over band's attempt to win back the rights to their recordings
News Shamrock buys portion of Metro Boomin’s publishing catalog for nearly $70m (report) Reported acquisition comes just a month after Shamrock raised more than $600 million in commitments for its third equity fund
News HYBE’s SM Entertainment takeover plan falls short, Kakao launches $960m offer for controlling stake SM Entertainment’s shareholders are not buying into HYBE’s plan to take control of its rival
News Rough Trade Publishing inks global deal with Utopia-owned Sentric Deal comes a year after Sentric Music Group was acquired by Switzerland-headquartered fintech company Utopia Music