Analysis News From Bad Bunny’s 18.5bn Spotify streams to Universal acquiring a 49% stake in [PIAS]… it’s MBW’s Weekly Round-UpOur biggest stories of the week, brought to you in association with Centtrip
News Now Triller says it’s exploring revenue share deals with major labels (while being sued by Sony)Triller spokesperson responds to news of labels' music being removed from service and reveals revenue share plans
Analysis News In 2021, Bad Bunny was the world’s biggest artist on Spotify with 9bn streams. This year, he doubled that tally.Bad Bunny received more than 18.5 billion streams this year
Analysis News Music audio streams just crossed the 1 trillion mark for the first time ever in a single year in the USUS market monitor Luminate reports total US music streams figure for 2022
News Boomplay strikes partnership with France’s Generations Radio to promote African musicPartnership will see the launch of the 'Top Africa Charts show' to promote African music and spotlight African artists
News Jamar Chess launches investment group to buy Latin Music rightsThe firm's first deal, via Wahoo Music Fund One, is a 50% stake in the publishing and recording catalogs of Oro Solido
News [PIAS] founders explain why they sold 49% of their company to UMG: ‘The battle lines in our industry have been redrawn.’Universal Music Group confirmed its acquisition of a minority investment in [PIAS] earlier today
News Record labels welcome UK competition authority report on streaming, as Merck Mercuriadis slams CMA for not using ‘powers they have to fix the problems they identify’Streaming market study report receives mixed response from the music industry
Analysis News Concord music rights to fuel $1.65bn Apollo bond offering – reportReport marks the latest news about a music company launching bond offerings via securitized royalties from copyrights
News Universal acquires 49% stake in independent music powerhouse [PIAS]Deal follows the formation of a strategic global alliance between the two companies in June 2021
News UK competition watchdog finds major record labels are not ‘making significant excess profits that could be shared with creators’Competition and Markets Authority's final report published
Interviews News How $40m-backed Symphonic Distribution plans to be a ‘true alternative’ to traditional labelsFounder & CEO Jorge Brea on the challenges in the distribution space and how his company is trying to differentiate itself
News IFPI launches Official MENA chart, with Rema’s ‘Calm Down’ named as first No.1New singles chart includes music streaming data from Anghami, Apple, Deezer, Spotify and YouTube
News BMG acquires music interests of Eurodance star HaddawayDeal with Haddaway includes his debut single and global hit What Is Love
News Michèle Hamelink promoted to Managing Director of Benelux at Sony Music PublishingHamelink most recently held the position of Senior A&R, Europe