News From the 3 majors’ joint $12.99bn in H1 to HYBE’s $100m+ deal… it’s MBW’s Weekly Round-up Five of the biggest headlines on MBW this week...
News Warner Records launches Defiant Records joint venture with Steve ‘Steve-O’ Carless Carless was named President of A&R at Warner Records in September 2021
Interviews ‘Generative AI is set to revolutionize the music business.’ MBW's Trailblazers series interviews Daouda Leonard, manager of Grimes and founder of Los Angeles-based AI development studio CreateSafe
News French Montana inks global partnership with Larry Jackson’s $1bn-backed gamma Partnership coincides with French Montana's new single 'Good Summer'
News Sony Music Publishing strikes global deal with India-based record label Big Bang Music Deal covers administration, sync, and catalog promotion
Analysis News Local artists’ market share is rising on music services, and 3 other things we learned from Denis Ladegaillerie on Believe’s latest earnings call Paris-headquartered music company published its financial results for the first half of 2023 on Wednesday (August 2)
News Iconoclast acquires producer royalties of legendary composer and disco icon Giorgio Moroder Olivier Chastan’s acquisition vehicle Iconoclast has acquired again
Analysis News India’s Tips Industries generated $6.4m in calendar Q2, up 54% YoY – the company’s best-ever quarterly results Another major highlight from the company's quarter was its YouTube subscriber growth and view count
News Multimedia Music acquires catalog of composer J. Peter Robinson in ‘mid to high’ seven-figure deal Robinson's body of work includes films Wayne’s World, Cocktail, Encino Man and hit TV series Charmed, among numerous others
News Amazon Music partners with Bandsintown for new merch integration Fans can now shop for merch via artist profile pages on the Bandsintown website and app
Analysis News Believe revenues up 17.9% YoY in first half of 2023 to EUR €415.4 million Paris-headquartered music company Believe has published its financial results for the first half of 2023
News Nettwerk Music Group establishes European HQ in Germany, led by Martin Schuhmacher Exec has been responsible for the development of Nettwerk in Europe from Germany for over 15 years
News Kenny McGoff promoted to Head of Creative UK at Kobalt McGoff will oversee Kobalt’s creative team in the United Kingdom and will be based in London.
News Cher sells ‘range of music assets’ to Irving Azoff’s Iconic Artists Group Cher has sold more than 100 million records
News Reservoir’s revenues grew 31% YoY in calendar Q2 to $31.8m Company published its calendar Q2 (fiscal Q1 2024) results on Wednesday, August 2