News Apple lifts lid on standalone ‘Apple Music Classical’ app Apple Music Classical will launch on March 28
Analysis News US recorded music revenues from paid subscriptions exceeded $10bn annually for the first time in 2022 The US recorded music industry grew 6.1% to USD $15.9 billion in 2022, according to RIAA's 2022 Year End report
News Spotify approaches $40bn in all-time payouts to the music industry Spotify says that 'nearly 70%' of every dollar it generates from music 'is paid back as royalties to rightsholders'.
News Japan generated over half a billion dollars from subscription music streaming in 2022 New stats published by local trade body RIAJ
News Hipgnosis strikes licensing deal with personalized music-for-gaming firm Reactional Music Deal opens company's song catalog to be used in gameplay using Reactional's tech
News British MP slams TikTok’s Australia music test, says app is ‘silencing creators in favour of its own self-interests’ Conservative MP Damian Collins criticises TikTok in an op-ed written for The Telegraph
News Jennifer Blakeman joins Evan Bogart’s Seeker Music as Chief Rights & Royalties Officer Exec joins Seeker from her previous role as President and CCO of boutique music publisher one77 Music
News Patrick Moxey’s Ultra International Music Publishing launches Hidden Gem joint venture with producer Diamond Pistols Company announces collaboration with Los Angeles-based producer
News Anghami grew its paying subs by 21% YoY in 2022 and generated revenues of $48.1m, up 35.6% YoY MENA-focused streaming platform has published its preliminary Unaudited 2022 Results
News Snoop Dogg to launch Shiller, a Web3-centred live broadcast platform for creators Snoop Dogg has teamed up with tech entrepreneur Sam Jones
News SiriusXM slashes workforce by 8%, impacting 475 roles SiriusXM had 5,869 full-time and part-time employees at the end of 2022
News UK-headquartered Primary Talent parts from talent giant CAA in deal led by CEO Matt Bates Company's clients include The 1975, The Cure, Lana Del Rey, Noel Gallagher, Jack Harlow, alt-J, Dropkick Murphys, and Patti Smith.
News BMG strikes partnership with Sweden-based artist management company Scandinavian Talent Management STM specializes in music supervision, music publishing, and live events
News HYBE says it ‘has been considering the acquisition of SM Entertainment for a long time’ as it launches campaign to win support from SM shareholders HYBE says campaign was developed "to protect shareholder value from inappropriate actions by the current management at SM".
News Mojo Music & Media buys several catalogs, including hits recorded by Duran Duran and Jennifer Lopez Company has acquired a series of separate catalogs that collectively include 30 chart hits spanning seven decades