News Live music promoter DEAG’s Q3 revenue up 72% versus pre-Covid level Company generated $106m in revenue in Q3, accoridng to preliminary earnings results
News FUGA forms partnership with electronic label group Insomniac Music Group Insomniac houses a number of labels in the electronic music space
News NetEase Cloud Music revenues reach $331m in Q3, up 22.5% YoY Cloud Music accounted for 9.7% of parent company’s overall revenue in Q3
News Warner Chappell signs singer-songwriter Amy Allen to global admin deal Allen is best known for writing top hits for Harry Styles, Halsey, Selena Gomez and Lizzo
News Iggy Azalea sells catalog to Domain Capital in ‘eight-figure’ deal Deal was confirmed by the artist on social media
News HYBE continues to diversify its business by buying a stake in South Korea-based games developer Flint (report) Company expands in games industry
Analysis News Taylor Swift slams ‘excruciating’ tour presale, as Live Nation addresses Ticketmaster competition concerns Live Nation publishes statement after Ticketmaster site crashes during ‘Verified Fan’ sale for Taylor Swift tour
News Downtown makes strategic investment in ‘LinkedIn for creatives’ Vampr 'Vampr has carved out an important niche in our industry,' said Downtown's Tracy Maddux
News The Beatport Group makes string of promotions and organization changes Sean Sullivan has been named Chief Technology Officer
News Spotify rival Anghami reduces headcount by 22% as part of ‘sustained focus on profitability’ MENA-focused service has published its preliminary Q3 results
Analysis News Amazon starts making layoffs as part of expected 10,000 job cuts (report) Online shopping giant is expected to reduce its workforce by 3%
News MONSTA X member I.M signs with Sony Music Korea as a solo artist He will work as a solo artist, but he will remain a part of MONSTA X
News Primary Wave buys Whitney Houston hits as part of deal with songwriters Shannon Rubicam and George Merrill Deal follows Primary Wave's $2 billion deal with financial giant Brookfield last month
News Liberty Media SPAC to unwind with no takeover target SPAC went public on the Nasdaq Stock Exchange in January 2021
News Shauni Caballero named Senior A&R Manager at Sony Music Publishing UK 'Shauni is a true self-made executive and one of the most talented A&R's in the industry,' said David Ventura, SMP UK President, Co-MD and SVP International