Analysis News All three major music publishers gained market share in 2021 (report) Sony Music Publishing remained the market leader with a 24.9% share
News Spotify added 5m Premium subscribers in Q1, taking its total global paying subs audience to 210m Spotify's Monthly Active Users reached 515m at the end of Q1 2023
Analysis News Utopia is asking its shareholders to help it raise over $90m, as it forecasts profitability by June 2024 Company launches new share options program to help its fund its near-term plans
News Deezer’s revenues grew 6.2% YoY in Q1, but its total subscribers fell 2.1% to 9.3m France-born music streaming service Deezer has published its financial results for Q1 2023
News Reach Music acquires master and publishing rights for first two Judas Priest albums Reach buys both the master and publishing rights of Rocka Rolla and Sad Wings of Destiny from Gull Entertainments
Analysis News From the ‘fake Drake’ AI track to BMG integrating frontline and catalog… it’s MBW’s Weekly Round-Up The biggest stories on MBW from the past seven days
Interviews Shunsuke Muramatsu, CEO of Sony Music Entertainment (Japan), on the CD’s continued dominance in the market, and how anime acts as a gateway to Japanese music worldwide MBW's World Leaders series speaks to Shunsuke Muramatsu, CEO of Sony Music Entertainment Japan
Analysis News Netflix is launching a password-sharing crackdown in the next few weeks in the US. Could Spotify follow? Netflix first announced its intention to start charging its users to share passwords around a year ago
News Claire McAuley promoted to EVP, Global Rights Management at Warner Chappell Music Exec has worked at WCM since 2018, originally joining as VP, Operations before being promoted in 2019 to become SVP, Global Administration.
News Downtown forms new Artist and Label Services division, led by President Ben Patterson Division was born from Downtown’s distribution arm DashGo
News Hipgnosis acquires writer’s share of performance income from Grammy-winning songwriter David Foster David Foster has won 16 Grammy Awards
News BMG integrates frontline and catalog recordings businesses The change means that Fred Casimir, EVP Global Repertoire, will now lead a team of around 90, responsible for marketing recordings around the world
News Latin music label The Wave Music Group inks long-term distribution deal with Capitol Music Group Deal follows the news that Latin music officially generated more than $1bn in US recorded music revenue in 2022.
News Voice AI firm SoundHound secures $100m in strategic financing AI-powered speech and music recognition company secures $100m in strategic financing from Atlas Credit Partners
News John Minch transitions to songwriter advocacy role at Concord, Jeff Van Driel promoted to GM, International Operations Minch to step back from day-to-day managing of international publishing operations