News Position Music hires former Kobalt exec Jay Moore as VP, Head of Investments Moore previously served as Chief Investment Officer at Ditto Music and Senior Director, Investments & Office of CEO at Kobalt Music
News Spotify to increase subscription prices in France to ‘offset’ new music streaming tax Price hike to make Spotify subscriptions in France the highest among European Union member states, according to the company
News Music AI startup Hook expands seed funding round to $3.5m and forms advisory board amid private beta Round was led by Waverley Capital, co-founded by former Warner Music Group CEO and Chairman Edgar Bronfman Jr., and Steve Cohen’s Point72 Ventures
News Live Nation hits back at claims of price-gouging: ‘Tickets are actually priced by artists and [sports] teams’ The company is facing ongoing scrutiny over its perceived role in the rising cost of event tickets
News TIDAL streamlines offerings, merging HiFi and HiFi Plus into single $10.99-a-month tier Previously, TIDAL's HiFi Plus tier, which includes spatial audio capabilities, cost $19.99 a month
News TuneCore launches Release Tracker to enhance transparency in digital distribution The tool provides artists and labels with real-time info on the progress of their releases, from submission to delivery to stores and streaming platforms
News Christian Birch-Jensen promoted to CEO at digital marketing agency Creed Media Creed has crafted campaigns for Post Malone, Beyoncé, Tiesto, Miley Cyrus, Dua Lipa, Ice Spice, U2 and others
News Pathways Into Music launches free program for music educators The will equip participants with an understanding of the career paths available within the music industry, both artistic and business-oriented
News Sinead O’Connor’s estate asks ‘biblical devil’ Donald Trump to cease using ‘Nothing Compares 2 U’ in campaigns O'Connor's estate and label join a growing list of artists objecting to Trump's use of their music at political events
News Mandy Freebairn named US Label Manager at IDOL as music distributor signs two North American deals The indie distribution and A&L services company has forged new partnerships with Le Plan Recordings and Old Soul Music
News Taylor Swift and Beyoncé’s concert films account for ‘literally all’ of AMC’s revenue growth in Q4 2023 All of the increase in AMC's revenue and EBITDA came from these two concert films, CEO Adam Aron said
News Spotify unveils standalone audiobooks tier for free users, priced at $9.99/month Available only in the US for the time being, the new subscription tier is Spotify's latest attempt at converting free users to subscribers
News Experience commerce platform Easol, which has raised $30M in funding, opens first US office Easol aims to simplify e-commerce for experiential retailers such as festivals and tour operators
News ASCAP doubles down on non-profit model after paying out record $1.59bn to songwriters and publishers in 2023 Over 960,000 members contribute to ASCAP's musical catalog, which includes artists like Beyoncé, Billy Joel, Cardi B, and more
News Sony Music UK promotes Damaris Rex-Taylor to Managing Director, RCA Records UK At RCA UK, Rex-Taylor has guided campaigns for artists such as Tyla, Travis Scott, Cat Burns, Miley Cyrus, and newcomer Myles Smith