News Vania Schlogel steps down from Board of Directors at Hipgnosis Songs Fund Exec founded Los Angeles-headquartered private equity firm Atwater in 2017
Analysis News HYBE’s revenues grew 44.1% YoY to $306m in Q1, driven by K-Pop stars Tomorrow x Together, Seventeen, Jimin and more HYBE’s revenues grew 44.1% YoY to 410.6 billion South Korea Won in Q1 2023, according to a new investor filing published on Tuesday (May 2)
Analysis News Max Lousada on Warner’s dance strategy, A&R, AI and the ‘art’ of what’s possible with technology Max Lousada, CEO of Recorded Music at Warner Music Group, gave a keynote interview at IMS in Ibiza this week
Analysis News Believe generated $213m in Q1, up 22.2% YoY Paris-headquartered music company Believe has published its financial results for Q1 2023 (the three months to end of March)
Analysis News Universal generated $2.6bn in Q1, as subscription streaming revenues jumped over 10% YoY Top sellers for the quarter included releases from King & Prince, Morgan Wallen and Taylor Swift
News Reservoir forms JV with American Idol producer, 19 Entertainment to sign publishing deals with contestants Companies to sign publishing deals with contestants featured on the longstanding series
Analysis News Spotify confirms it’s working with labels to quell copyright threat from AI music Spotify is taking concerns about the impact of AI-generated music on entertainment rightsholders seriously, says Daniel Ek
News Primary Wave makes strategic investment in India’s Times Music in deal worth $100m Partnership will see Primary Wave and Times Music invest in catalog opportunities in the Indian market
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