Interviews News How $40m-backed Symphonic Distribution plans to be a ‘true alternative’ to traditional labels Founder & CEO Jorge Brea on the challenges in the distribution space and how his company is trying to differentiate itself
News IFPI launches Official MENA chart, with Rema’s ‘Calm Down’ named as first No.1 New singles chart includes music streaming data from Anghami, Apple, Deezer, Spotify and YouTube
News BMG acquires music interests of Eurodance star Haddaway Deal with Haddaway includes his debut single and global hit What Is Love
News Michèle Hamelink promoted to Managing Director of Benelux at Sony Music Publishing Hamelink most recently held the position of Senior A&R, Europe
News Japan’s Avex Group strikes licensing deal with NetEase Cloud Music Deal gives NCM the right to distribute Avex's music catalog in China
Analysis News From Utopia Music downsizing its workforce to Warner’s $1.5bn in calendar Q3… it’s MBW’s Weekly Round-Up Our biggest stories of the week, brought to you in association with Centtrip
News Utopia Music makes layoffs as it downsizes global workforce MBW understands that Utopia's global team numbers 1,200 people. That figure includes both contractors and around 800 employees.
News BMG buys recordings catalog of German pop-rock band Fools Garden Band's global hit Lemon Tree has sold six million copies
Analysis News Warner Music Group generated $92m from ’emerging platforms’ in calendar Q3 – and other takeaways from Steve Cooper’s last earnings call with WMG Warner's share price soared 15% following the announcement of the earnings on Tuesday
News Senate committee to hold ticket industry competition hearing after Taylor Swift tour sale drama Hearing date and witnesses to be announced at a later date
News Warner Recorded Music signs Saudi superstar Dalia Mubarak Middle East and North Africa is one of the world's fastest-growing regions for recorded music
Interviews News Artist financing platform beatBread closes $100m fund to ’empower independent artists and labels’ Launched in November 2020, company has made over 500 advances to artists and labels
News Warner posts $1.5bn in calendar Q3 revenues, up 16% YoY; recorded music streaming revenues grow 4.7% YoY Recorded music revenues were up 13.1% YoY to $1.244 billion, largely thanks to live music-related income
Interviews ‘Our dream is that Vybbe becomes one of the leading entertainment companies in Brazil.’ MBW's Trailblazers series interviews Carlos Aristides, CEO of Brazil-based music company Vybbe
News Raoul Chatterjee joins UK-based vinyl platform elasticStage as Chief Operating Officer Startup raised £3.5m in a seed funding round earlier this year