News From HYBE’s two $300m+ deals to Robert Kyncl’s first earnings call as WMG CEO…. it’s MBW’s Weekly Round-Up Our biggest stories of the week, brought to you in association with Centtrip
Analysis News HYBE has now spent $600m+ in one week, as it buys 14.8% stake in K-Pop rival SM Entertainment for $334m HYBE is buying a 14.8% stake in the company from SM Entertainment founder Lee Soo Man
News DJ Khaled inks exclusive deal with Def Jam; joins Universal Music as Global Creative Consultant Artist partners with Def Jam for his We The Best label venture, as well as his future releases as a recording artist
News Lou Al-Chamaa appointed SVP, Head of A&R Publishing at Avex USA Al-Chamaa spent six years at Sony Music Publishing as Vice President of A&R
Analysis Interviews ‘The MENA region will become a pioneer in the music industry.’ Nada Alhelabi, Strategy Director at MDLBEAST & XP Music Futures Program Director on the challenges and opportunities for the music business in Saudi Arabia and the wider MENA region...
Analysis News Warner generated $1.48bn in calendar Q4, down 2.7% YoY; recorded music streaming revenues fell 2.6% YoY Company revealed these numbers as part of its calendar Q4 (fiscal Q1 ended December 31, 2022) financial results
Analysis News Reservoir revenues rise 16% to $29.9m in calendar Q4 2022 Growth was driven by 14% YoY increase to the company's music publishing revenues
News Believe generated €1bn in Digital Music Sales last year DMS is the revenue generated from digital store partners and social media platforms before royalty payment to artists and labels
News Songtradr to acquire 7digital, a UK publicly listed B2B music technology company, in $23.4m deal 7digital provides a catalog of over 80 million licensed tracks and offers API services to power music in apps
Analysis Is TikTok about to pull off a heist on the music industry? Could indie tracks and AI music successfully replace major label music on the platform?
News Zach Bryan signs global publishing deal with Warner Chappell Music Artist and songwriter has more than one billion global streams
News Hipgnosis acquires song catalog of Tobias Jesso Jr., who was just named Songwriter Of The Year at the Grammys He was named as the first-ever Grammy Songwriter of the Year at this year's Grammy Awards
News Scott Cohen-led startup JKBX partners with electronic market maker GTS to take music rights investing ‘to the masses’ Platform to securitize and fractionalize royalty streams
News Robert Kyncl’s latest hire at Warner Music: The ex-Google exec who helped build YouTube’s ContentID Ariel Bardin was Chief Product Officer at Celonis prior to joining WMG
News TikTok launches DIY distro service SoundOn in Australia, the same week it started limiting access to major label music in the market SoundOn was already Live in the UK, US, Brazil and Indonesia