News Hume attracts $11.7m in funding to grow roster of Web3 artists Investment firm TCG Crypto led the funding round
News Triller settles lawsuit filed by Timbaland and Swizz Beatz over Verzuz payments Lawsuit was filed against Triller in August
News Deezer vows to turn profitable by 2025 as H1 losses shrink by €8.8m Company lost 300,000 subscribers in H1
News Music execs John Leahy and Rupert King move to full-time artist management roles at Blue Raincoat Execs transition to Blue Raincoat Artists, the artist management division of Blue Raincoat Music
News Downtown forms new division to house global services, headed up by Fuga CEO Pieter van Rijn Pieter van Rijn named President of new division
News TikTok parent Bytedance to repurchase up to $3bn in shares ByteDance is reportedly offering to buy back up to $3bn worth of shares from investors at $176.94 apiece
News HarbourView buys Big Loud Mountain Music’s publisher share of songs from Florida Georgia Line catalog Big Loud Mountain Music is a Nashville-based independent publishing, management, and production company
News Future sells publishing catalog to Influence Media Partners in ‘eight-figure’ deal Influence Media formed a $750m fund with asset management giant BlackRock and Warner Music Group
News BMI paid out nearly $1.5 billion to songwriters and publishers in the past year, up 10% YoY Overall revenue (collections) jumped 16%, or by $212 million, to $1.57 billion, the company said Tuesday (September 13).
News Patreon axes 17% of workforce, closes Dublin and Berlin offices The news comes just over a year after Patreon raised $155 million in its series F funding round, boosting its valuation to $4 billion
News Confirmed: Tencent Music to go public in Hong Kong without raising new funds Company confirms news reported earlier this week
News Troy Carter’s Venice Music opens up to more indie artists with new subscription model Company is opening up its platform to a wider scale of artists through new subscription plans
News Utopia buys UK physical music distributor Cinram Novum Utopia says the deal saves the UK company from insolvency and secures 300 jobs
News Peloton co-founders John Foley and Hisao Kushi exit; Karen Boone named as new Chairperson of the Board 'Their impact will resonate long after their departure,' Boone said
News Chuck D sells catalog to Reach Music Publishing Company buys 50% of copyright ownership interest and 100% of the writer’s share, including global administration rights, to Chuck D’s catalog