News Merck Mercuriadis slams ‘tragedy’ of UK streaming inquiry outcome for songwriters, as record labels applaud industry’s ‘strong progress’ Representatives for music labels and musicians were quizzed on the Economics of Music Streaming in the UK this week
News Tizita Makuria appointed Vice President, A&R at PULSE Music Group Makuria joins PULSE Music Group from Artist Publishing Group
News Ulf Zick quit Universal to join Utopia in early 2022. Six months later, he’s quitting Utopia to return to UMG. Exec exits role at Utopia after six months
News Zeon Richards joins Robomagic Live as Vice President Richards joined the promoter in August 2022
News Kazuhiro Shimada named Chief Operating Officer of Warner Music Japan Exec joins from Amazon Music Japan
Analysis News Over 1,000 songs with human-mimicking AI vocals have been released by Tencent Music in China. One of them has 100m streams. TME's Cussion Pang confirms firm has made a lot of progress with its Lingyin Engine
News Tencent Music Entertainment reaches 85.3m paying music users, up 19.8% YoY Tencent Music Entertainment has published its financial results for Q3 2022
News Bob Workman promoted to SVP, International Brand Partnerships, Warner Music and GM of WMX UK Move will see Warner Music’s UK Brand Partnerships team become part of the global WMX division
News Vevo to launch six new channels on Hulu Live TV Channels include Vevo Pop, Vevo Hip-Hop, Vevo Country, Vevo ‘80s, Vevo ‘90s and Vevo Holiday
News BMG buys Harry Nilsson song rights, including publishing catalog, as well as artist and writer revenue streams Deal includes artist and writer revenue streams of his hit songs
News K-Pop giant SM Entertainment sees revenues soar 65.4% YoY to $179.4m in Q3 Company is behind K-Pop stars like SUPER JUNIOR, Girls’ Generation, SHINee, EXO, Red Velvet, KANGTA, BoA, TVXQ!, NCT and aespa.
News MaryLynne Drexler appointed Head of Business & Legal Affairs at Warner’s ADA Worldwide Bryan Roberts has also been named VP, A&R and Label Acquisition for the company
News From YouTube’s 80m Music and Premium subs to Meta’s 11,000 layoffs… it’s MBW’s Weekly Round-Up Our biggest stories of the week, brought to you in association with Centtrip
News Warner launches OUT OF ORDER, an emerging markets-focused record label led by Selina Chowdhury Label will highlight music from regions including Africa, India, the Middle East, Southeastern Europe and the Eastern Mediterranean
Analysis News YouTube Music and Premium surpass 80m paid subscribers That subscriber figure marks a 30 million increase on the last subscriber figure