News South Korea’s FTC targets subscription practices of streaming giants including Spotify South Korean law requires streaming services to refund the unused portion of a subscription fee that is cancelled mid-billing cycle
News HYBE-owned label ADOR replaces CEO Min Hee-jin amid legal dispute HYBE suspects Min Hee-jin of attempting to seize control of subsidiary label ADOR.
News Paramount-Skydance merger moves forward as former Warner Music boss Edgar Bronfman Jr. drops $4.3bn bid Paramount's "go-shop" period to search for potential buyers has ended with Bronfman's withdrawal of his consortium's bid
News Oscar Scivier named Warner Music’s Senior Director, A&R, Asia In his new role at Warner Music, Scivier will be based in Hong Kong
News Sony is excited about its new blockchain platform, Soneium – and music could play a big part in its future The company aims to turn Soneium into a comprehensive Web3 solution, offering services from the infrastructure level to application development
News Court clears Michael Jackson estate to proceed with catalog sale to Sony at $1.5b valuation MBW understands the deal to be worth as much as $750 million, valuing Jackson's catalog at $1.5 billion
News KakaoBank buys 15% stake in music streaming startup Naivy The acquisition comes amid legal problems for the founder of KakaoBank's parent company
News Ex-TikTok exec Marisa Jeffries joins Stern Management as General Manager At TikTok, Jeffries led projects for Taylor Swift albums and tours, and an album from Rosalia
News Grammy-winning singer/songwriter James Fauntleroy sells ‘select publishing assets’ to HarbourView Equity Partners Fauntleroy has worked with some of the biggest names in music, including Bruno Mars, Justin Timberlake, Jay-Z, Beyoncé, Rihanna, and Drake
News Beatport launches Twitch channel as platform introduces DJ program Beatport's Twitch channel will feature exclusive live sets from DJs in Barcelona, Ibiza, and elsewhere
News will.i.am launches AI-powered RAiDiO.FYI that turns radio into interactive experience RAiDiO.FYI features AI personas that can personalize your radio consumption via the FYI.AI app
News Audio Chateau Records raises $4.5m; appoints Glen Barros and Jonathan Schulman to board The company has hired Grayson Flatness as an A&R consultant, and Kate London to head up legal and business affairs
News Billie Eilish overtakes The Weeknd as Spotify’s most popular artist Eilish garnered 100.1 million monthly listeners compared to The Weeknd's 99.8 million
News Former Warner Music Group boss Edgar Bronfman Jr. makes $4.3bn bid for Paramount The former head of Warner Music Group has thrown a last-minute wrench into Skydance's plans to merge with Paramount
News YouTube Music emerges as ‘most adopted music streaming service’ in Q2: Kantar Subscriber loyalty hasn't been impacted by recent price hikes, Kantar's research has found