News Mark Zuckerberg makes 11,000 layoffs at Meta Move was announced by Zuckerberg on Wednesday, November 9
Analysis News Labels asking TikTok for share of ad revenue in new deal talks (report) Bloomberg reports that the three majors are asking TikTok for a share of ad revenues in talks for new deals
Analysis News Reservoir Media revenues grow 10% YoY to $33.3m in calendar Q3 Company has published new investor filings for the three months to end of September
News Snoop Dogg signs with talent agency WME for representation in all areas 'WME is the only place that can handle the career I’ve built and grow it even further,' Snoop Dogg said
News Providence makes strategic investment in talent agency Wasserman Wasserman Founder Casey Wasserman will continue to retain a controlling stake
News Record labels win $46.7m damages from US ISP in copyright infringement trial Grande Communications ordered to pay $46.7m in damages to a group of record labels for infringement.
Analysis News From Live Nation’s 44m concertgoers in Q3 to Sony’s $2.15bn revenues… it’s MBW’s Weekly Round-Up Our biggest stories of the week, brought to you in association with Centtrip
Analysis News Over 44m people attended Live Nation concerts in Q3 2022 – its highest quarterly attendance ever Concerts giant Live Nation just delivered what it says was its 'biggest summer concert season in history'.
News Firebird’s next big deal revealed: A substantial investment in Transgressive Records Company buys stake in London-based independent label, MBW can reveal
News Sony Music Masterworks acquires majority stake in Dubai-based concert promoter MAC Global MAC Global has brought touring acts to the region such as Ed Sheeran, Michael Bublé, Drake and Sia
Analysis News HYBE generated revenues of $312m in Q3, up 30.6% YoY HYBE publishes investor filing for the three months to end of September
Analysis News Spotify considering buying MENA-focused rival Anghami (report) Anghami listed on the NASDAQ in New York in February
News After teaming up with Sony Music Publishing to buy Ashley Gorley catalog, Domain Capital closes new $700m+ fund As of June 30, 2022, Domain managed approximately $8.4bn in total assets
News Adam Wright joins Merlin as Chief Financial Officer Wright joins Merlin after three years as Director of Finance for Creative Artists Agency
News Universal Music Publishing Group strikes global deal to represent song catalog of Irving Berlin Deal builds on UMPG’s existing relationship with Berlin’s estate