Posts by Murray Stassen

Laffitte Management Group and Sony Music join $12m Series A funding round for creator commerce platform KOMI

Startup has raised $17m in a little over a year

Germany’s recorded music business generated $1.18bn in the first half of 2023, up 6.6% YoY

Audio streaming now accounts for 75.7% of Germany's total recorded music market

SESAC Music Group partners with five Southeast Asian collection societies to form multi-territorial digital licensing hub

The group of societies have formed The Asian Alliance Music Rights Organization (AAMRO)

Sally Davies appointed Managing Director of Abbey Road Studios

Exec joins Abbey Road from Vivendi Village where she was CEO of U-Live

TikTok launches global ‘Elevate’ rising artists program to ‘identify the next wave of emerging stars’

TikTok says it will offer 'meaningful support both in-app and out in the world'.

Mushroom Group launches new talent booking agency, MBA led by Guven Yilmaz

Agency represents a new partnership with Guven Yilmaz (previously Vita Music Group)

Tencent Music Entertainment’s Chief Strategy Officer Tony Yip to exit at the end of August

Exec led TME's two public listings on the New York Stock Exchange and on the Hong Kong Stock Exchange

Utopia divests again, as Absolute Label Services gets reacquired by original leadership team

News marks the third time this year that Utopia has offloaded a company that it previously acquired within the past 18 months

Manusha Sarawan promoted to Managing Director of Southern and East Africa at Universal Music Group

Exec was most recently Chief Operating Officer at UMG Sub-Saharan Africa

From Luminate’s midyear Music Report to Mubert’s 100m AI-generated tracks… it’s MBW’s Weekly Round-Up

The headlines from the past week you can't afford to miss...

NetEase Cloud Music inks strategic deal with China’s RYCE Entertainment – including a 30-day exclusive window for new releases

RYCE Entertainment's roster includes stars like Jackson Wang

CAA in talks to sell majority stake to billionaire François-Henri Pinault in $7bn deal (report)

Pinault's family is behind the Kering group, which controls Gucci, Balenciaga and more luxury brands

English language music’s popularity on streaming services is shrinking in the US… and globally.

English language music is becoming statistically less popular on streaming services

Marty Silverstone promoted to President, Global Sync at Primary Wave

Exec is a 13-year veteran of Primary Wave

Reservoir acquires catalog of rock artist and songwriter Greg Kihn

Deal includes publishing, recording, and distribution rights to Kihn’s Beserkley Records era catalog