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
News House panel approves bill that could lead to total TikTok ban in the US TikTok has around 100 million users in the US
News Shirin Foroutan appointed SVP and GM, Europe at Universal Music Publishing Group Foroutan previously served as Vice President, Creative, at BMI
News TIDAL axes Direct Artist Payouts ‘experiment’ to redirect funding to emerging talent program TIDAL RISING $500,000 has been paid out via the program since November 2021
News Fadia Kader named EVP and General Manager at Troy Carter and Suzy Ryoo’s Venice Music Kader was previously Global Head of Strategic Partnerships at Clubhouse
Analysis News Germany’s recorded music business generated $2.17bn in 2022, up 6.1% YoY Audio streaming accounted for 73.3% share of revenues
News Lyric Capital raises over $800m to buy music rights Lyric says that it exceeded its funding target, with 'support from a diverse group of new and existing institutional investors'.
News Dr Jo Twist OBE appointed Chief Executive of UK record label trade body BPI Twist is currently CEO of Ukie, the trade body for UK games and interactive entertainment