News The Weeknd’s ‘Blinding Lights’ overtakes Ed Sheeran’s ‘Shape of You’ to become Spotify’s most-streamed track of all time There's a new No. 1 in Spotify's all-time-most-streamed rankings
News Deezer admits data breach that potentially exposed over 220 million users’ info Deezer blames third-party partner for information being hacked
News Jury orders Sony Music to pay $160 million over 2017 shooting at Cousin Stizz concert Giovan Diaz and Ewell Ynoa, who were 22 and 21 at the time, died from “catastrophic injuries,” according to separate complaints filed by the victims’ estates in 2018.
News Video games maker John Carmack quits as Meta’s Executive Consultant for VR: ‘We have a ridiculous amount of people and resources, but we constantly self-sabotage and squander effort.’ Executive says 'this is the end of my decade in VR'
News Duetti, a startup led by Tidal’s former COO, plans to buy and monetize independent artists’ rights – report Startup raised $7m in a seed funding round in July
Analysis News Classical music use on YouTube content soared 90% globally in 2022 — report Epidemic Sound publishes inaugural Sound of the Internet Report
News Warner Music Group makes investment in virtual fashion platform DRESSX 'DRESSX is exactly the type of partner we need sprinting alongside us as we build for the future,' said
News FUGA strikes partnership with US indie label Polyvinyl Records Polyvinyl Records' roster includes artists like Alvvays, of Montreal, American Football
News Deezer teams up with LyricFind, Zebralution and 12 others for EU-funded lyric translation project The EU has granted €2 million for the four-year project
News Grammy-winning producer Greg Wells sells catalog to South Korea’s Beyond Music Wells has produced and written songs with the likes of Adele, Taylor Swift, John Legend, Dua Lipa, Quincy Jones and Katy Perry, among many others
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