News From BTS renewing their HYBE contracts to Deezer raising its prices again… it’s MBW’s Weekly Round-UpThe five biggest stories to hit our headlines over the past seven days
Interviews ‘Companies overlook niche markets. That is something we are starting to change.’ONErpm's Martin Price on the independent company's global expansion...
Analysis News TikTok generated over $2bn in the UK and Europe last year – more than doubling YoYA new annual filing, reviewed by Music Business Worldwide, reveals how platform's business performed in multiple key markets.
News Robbie Williams to make ‘metaverse debut’ in LightCycle, a new AI-powered ‘hyper-realistic virtual city’ built with Epic Games’ Unreal Engine 5Platform aims to become "the go-to destination for art, film, gaming, music, fashion, sport, property and retail".
News Pieter van Rijn joins the Board of Directors at Downtown Music HoldingsExec is President of the group’s business and professional services division, Downtown Music
Interviews News As Rema crosses 1bn Spotify streams, Mavin Records boss Don Jazzy says there’s ‘no ceiling for what he can go on to achieve’Mavin Records founder Don Jazzy on his predictions for Afrobeats and for Rema following his new streaming milestone...
Analysis News BTS renew contracts with K-pop giant HYBEHYBE revealed the news in a regulatory filing on Wednesday (September 20)
News Influence Media, in partnership with Warner Chappell Music, acquires publishing catalog of songwriter Jesse FrasureInfluence Media Partners is a US-based music and rights company founded in 2019 and led by Lylette Pizarro, Lynn Hazan, Rene McLean, and Jon Jashni
News Concord buys again as it swoops for Mojo Music & Media’s catalog of more than 30,000 songsThe catalog includes the works of the bands REO Speedwagon, KISS, and Cheap Trick
News Bryan Castellani appointed Chief Financial Officer for Warner Music GroupExec has spent more than two decades at The Walt Disney Company, most recently as CFO for Disney Entertainment & ESPN
News Rachel Jacobson appointed Senior Vice President, Creative Sync at Warner Chappell MusicExec previously served as Head of Sync and Artist Relations for the Paris-based Because Music Group
Analysis News Recorded music industry revenues hit $8.4bn in the US in H1 – but paid streaming account growth slowed againWhile growth in new subscriptions was slower in H1 2023 versus H1 2022, the subscription accounts that were already active in H1 2023 were paying more
News $200m-backed Multimedia Music acquires music library of Hollywood film company Millennium MediaMultimedia Music says it has deployed over $150m on acquisitions since launching in late 2021
News Katy Perry sells music rights to Litmus Music in $220m+ dealKaty Perry has sold a bundle of music rights to $500 million-backed Litmus Music
News Head of trade body representing UK songwriters switches to run US trade body representing Spotify, Amazon, and Pandora (who not so long ago were fighting to cut songwriters’ pay)Davies is filling in the role left by Garrett Levin, who stepped down as DiMA’s top executive after relocating to Geneva, Switzerland