News TikTok fires back at suggestion it’s hurting paid-for music streaming growth in France: ‘There is no evidence to suggest that TikTok is diverting music fans away from subscription streaming services.’ SNEP targeted short-form video services in comments made last week about France's subscription streaming growth
News Believe applauds Deezer’s action on ‘noise’ – but questions new ‘artist-centric’ royalty model’s impact on ‘rising artists’ Believe outlines its position on the new streaming model announced by Deezer and Universal
News JKBX, launching this week, confirms it will pay songwriters and artists direct via ‘Creator Program’ – even if they don’t own their rights Company will offer its users the ability to invest in Royalty Shares of hits
Analysis News Spain’s recorded music industry revenues reached €214.3m in H1, up 11.53% YoY Music streaming revenues in Spain rose 13.26% YoY
News Redeye, distribution partner of Beggars, Domino and other leading indie labels, acquired by Exceleration Music Independent digital and physical distribution/services company Redeye has been acquired by Exceleration Music for an undisclosed sum
Analysis News JP Morgan says Universal’s ‘artist-centric’ model will bring a 9% revenue increase to major labels. No wonder it’s just increased its price target for UMG. Deezer this week revealed it has struck an agreement to start paying UMG's artists via an 'artist centric' model
Analysis News Popular artists to get ‘royalty boost’ on Deezer as platform readies ‘artist-centric’ model with Universal Music Group Deezer and UMG announce the launch of what they call the "first comprehensive artist-centric streaming model"
News Multiple criminal gang members confirm they’ve used Spotify for money laundering in bombshell new report in Sweden An explosive new report from Svenska Dagbladet in Sweden focuses on the end purpose of streaming fraud on Spotify for organized criminals: laundering money.
Analysis News France’s recorded music revenues grew 9.4% YoY in H1 – and the entire Top 10 best-selling artists in the market were local acts Industry body SNEP published its H1 recorded music revenue numbers for the market
News Elliot Grainge joins Warner Music Group as 10K Projects strikes JV with WMG Grainge will also join WMG’s global leadership team
News Queen’s Brian May on AI threat: ‘2023 will be the last year that humans dominate music.’ 'Everything is going to get very blurred and very confusing,' says iconic musician in new interview
News Virgin Music Group expands operations in Nigeria, led by Olukorede ‘Kay’ Ikazoboh Ikazoboh has been named by Universal Music Group as Head of Virgin Music Nigeria, and will oversee the company’s operations in the market
Analysis Universal Music just swooped for a prominent company in UAE. The race is on for the majors to build market power in MENA. The sound of opportunity for the record business across the Middle East and North Africa (MENA) is getting louder.
News Deezer expands partnership with e-commerce giant Mercado Libre in LATAM to be included on new Meli+ subscription service Deezer says that the deal forms part of its continued 'strategic partnership-led expansion across the world'.
News Warner Music strikes ‘landmark album deal’ with superstar Chinese artist Lay Zhang Artists is also the CEO of Chromosome Entertainment