News HYBE’s Bang Si-hyuk, Scooter Braun partner with Ryan Tedder to launch global search for new boy group The new venture follows HYBE’s recent success with KATSEYE, their first global girl group launched in partnership with Universal Music Group’s Geffen Records
News Primary Wave Music strikes publishing admin deal with Grammy winner Jimmy Webb The deal includes some of Webb’s biggest hits performed by icons like Glen Campbell, Frank Sinatra, Guns N’ Roses and Johnny Cash
News Instagram adds new music-sharing feature to direct messages App users will be able to share 30-second previews of songs via direct messages or on broadcast channels
News Red Hot Chili Peppers seeking $350M in masters catalog sale, with WMG leading the bid (report) If a deal is sealed at that price, the band will have amassed some $500 million for their recorded music and publishing rights
News Daniel Ek has now cashed out $666M in Spotify stock, with his latest transaction banking $31.5M Latest transaction comes just days after Spotify's stock hit a new all-time high
News Spotify Singles franchise hits 10bn streams Over 750 artists from 45 countries have created more than 1,000 unique recordings under the Spotify Singles program
News Lady Gaga tops 123m monthly listeners on Spotify, breaking record for largest monthly audience achieved by a female artist on the platform With 123.7 million monthly listeners, Lady Gaga now sits behind only Bruno Mars and The Weeknd in Spotify’s overall rankings
News Universal, Warner, and Sony ink licensing deals with new music creation/social app, MashApp The app allows users to create real-time “mashups” of popular music tracks under the catalogs of Universal, Sony, Warner and Kobalt
News Taylor Swift was IFPI’s biggest-selling recording artist globally in 2024 – for a record fifth time 'This has been a huge year for Taylor,' said IFPI CEO Victoria Oakley
News Warner Music signs global deal with Japanese group PSYCHIC FEVER PSYCHIC Fever is signed to Warner Music Japan in partnership with 10K Projects in the US
News Elon Musk denies interest in TikTok as app’s US future remains uncertain The SpaceX and Tesla CEO said he would rather build companies from scratch rather than acquire existing ones
News Court increases prison sentence for Danish man convicted of streaming fraud The Eastern Jutland resident was convicted for artificially inflating stream counts on 689 tracks
News Ticketmaster cancels some Oasis reunion tour tickets believed to be purchased by bots (report) Ticketmaster says it started the process of refunding tickets that are believed to have been purchased by bots as of February 7
News Tiara Hargrave named General Manager at Influence Media’s frontline label SLANG Hargrave previously served as Executive Vice President and General Manager at Sony Music-owned Alamo Records
News Daniel Ek cashed out another $37.3m in Spotify shares as stock hit new high Spotify’s stock surged to a new all-time high of $626 this week, boosting the company's market cap to $125.71 billion