News Tencent Music Entertainment had 94.4m paying music users at the end of Q1, up 17.7% YoY Tencent Music Entertainment Group has published its financial results for Q1 2023 (the three months to end of March)
Analysis News Utopia to build new music warehouse in the UK in $125m deal with logistics company DP World DP World is fitting out a new warehouse in Bicester in the UK for Utopia's distribution unit, Utopia Distribution Services
News HYBE just released a K-pop track sung in six different languages using AI voice technology HYBE releases 'first-ever multilingual track produced in Korean, English, Japanese, Chinese, Spanish and Vietnamese'
News Joanna Noyes promoted to SVP, Global Marketing and Brand Strategy at the Orchard Exec previously held the VP, Marketing role since 2019 and has been with The Orchard since 2014
News Payments automation platform Tipalti raises $150m from JPMorgan and Hercules Capital Company has also appointed three new C-suite executives
News Jennifer Cabalquinto named Chief Financial Officer at EMPIRE Exec previously held Chief Financial Officer positions at 2K Games, Universal Studios Hollywood and more
News DiMA recruiting for new President and CEO, as Garrett Levin confirms exit The Digital Media Association represents streaming services including Apple Music, Amazon, Pandora, Spotify and YouTube
News Chris Brown, Katie Robinson and Johnny Minardi promoted to leadership roles at Elektra Entertainment Execs will report to Elektra Entertainment’s President Gregg Nadel
Analysis News King & Prince sold 1.2m physical copies of their latest album ‘Mr.5’ in its first week in Japan, becoming the market’s fastest-selling album this year Universal Music Japan and King & Prince have set the record for 2023’s fastest selling album in Japan
News Haim Saban appointed Non-Executive Director at Universal Music Group Media mogul was elected to the role at UMG's AGM on Thursday, May 11
News Sir Lucian Grainge remuneration package approved by Universal Music Group shareholders Sir Lucian Grainge has also been re-appointed as UMG's Executive Director (a position he holds in addition to being the company's Chairman and CEO) for five more years
News Olivier Chastan’s Iconoclast acquires music publishing catalog of Beyonce and M.I.A. collaborator, Switch Switch is also the co-founder, alongside Diplo, of electronic dance music group Major Lazer
News Google trained ‘experimental AI’ to generate high-fidelity songs from text prompts. Now it’s available to the public Model was trained on five million audio clips, amounting to 280,000 hours of music at 24 kHz
News Grammy-winning duo Stargate enter into creative joint venture with PULSE Music Group Stargate have produced or written for artists including Beyoncé, Mariah Carey, Rihanna, Selena Gomez and more
News SoundCloud’s new ‘Fans’ tool lets artists DM their superfans Fans is currently in beta with over 10,000 artists, including Warner Music Group artists