News Hipgnosis strikes partnership with Songclip, a tech platform for integrating licensed music in apps Songclip claims to be the world’s only patented music clip company
News Eldridge and LVRN Management invest in Fan engagement startup Laylo, bringing total funds raised to over $8m Round also included participation from Third Prime Ventures, LVRN Management and Jonathan Strauss (Create Music Group)
News Muddy Waters Estate signs global admin deal with Sony Music Publishing Catalog includes iconic hits such as Mannish Boy and Rollin’ Stone
News After scrapping sale plans, BMI transitions to a for-profit business model 'Our move to for-profit gives us more financial flexibility and makes us nimbler to do what we need to do,' says BMI President & CEO Mike O’Neill
News Julie Greenwald promoted to Chairman & CEO of newly-created Atlantic Music Group Atlantic Music Group sits above both Atlantic Records and 300 Elektra Entertainment
News Lily Golightly joins Verve Label Group as Senior Vice President of Publicity Exec will oversee US communications for imprints including Verve Records, Impulse!, Verve Forecast, Decca Records US, and others
Analysis News African music service Mdundo’s monthly active users reach 21.5m, up 107% YoY Mdundo has published its quarterly report for calendar Q3 2022
News Warner Music acquires stake in Serbian record label, Mascom Records Company acts as Warner Music’s local distributor
Analysis News With revenues of $510m in H1, Latin Music is still on course to generate $1 billion in the US this year According to new mid-year data released by the RIAA, on a retail basis, Latin Music revenues grew 23% in the US in H1 2022
News Warner is looking for an exec with gaming experience to lead its Metaverse strategy Company is hiring for a Senior Director, Metaverse Development in New York
Analysis News Deezer targets annual revenues of €1bn by 2025 Streaming company details growth strategy at investor day in London
Analysis News From Primary Wave’s $2bn deal to the 100,000 tracks uploaded to streaming services each day… it’s MBW’s Weekly Round-Up Our biggest stories of the week, brought to you in association with Centtrip
News Janelle Mitchell named as latest Richard Antwi Scholar Mitchell becomes fifth scholarship recipient
Analysis News Watch out Spotify: Multiple verified ‘TikTok Music’ Twitter accounts hint at pending global launch At least six verified Twitter accounts for ‘TikTok Music’ have popped up for multiple global markets
News Primary Wave strikes $2 billion deal with financial giant Brookfield to acquire music copyrights As part of the deal, Brookfield will acquire a significant minority interest in Primary Wave