News After listing on the NASDAQ in February, Anghami posts revenues of $35.5m for 2021, up 16% YoY Anghami has published its full year financial results for 2021
News BMG’s latest film project is a new feature-length documentary on Marc Bolan and T. Rex U2, Elton John, David Bowie, Ringo Starr, Nick Cave, Joan Jett, and filmmaker Cameron Crowe among the cast
News Universal’s Bravado makes metaverse move with Jamiroquai partnership on The Sandbox gaming platform 'Both Bravado and Universal Music Group are excited to help fans explore the metaverse,' said Rachel Redfearn, SVP A&R and Brand Management, Bravado
News Web3 startup Medallion, led by former Songkick CEO Matt Jones, raises over $9m in seed funding round Seed round saw support from Mick Management, Mike Shinoda, Red Light Ventures and more
News Universal consolidates licensing rosters of merchandise companies Bravado and Epic Rights Lisa Streff to oversee global licensing strategies across both companies
News UK music licensing company PPL reports revenues of $347.7m for 2021, up 12% YoY £252.8m ($348m) is second highest annual revenue total for PPL
News After returning as an NFT platform, LimeWire strikes first major label deal with Universal Music Group LimeWire says UMG artists can now use its platform to sell NFTs directly to fans and collectors
News From Sony and Warner’s calendar Q1 results to TikTok’s A&R recruitment drive: It’s MBW’s Weekly Round-Up The biggest stories from the past week – and why they matter
News BMG and Warner competing for Pink Floyd catalog, which could fetch more than Bruce Springsteen’s $500m+ deal (report) FT reports that bids are flying in above the half-billion-dollar mark
Analysis News At $4.9bn, Peloton’s market cap value has plunged to just 10% of what it was in January 2021 Stat Of The Week: Spotify isn't the only music-related tech giant with a rapidly sinking share price
News BMG Chief Operating Officer Benjamin Katovsky exits Katovsky has served as Chief Operating Officer since July 2018
News As ByteDance IPO rumors resurface, TikTok hires for A&R execs in London and LA to ‘sign’ new artists Job ads for A&R Managers pop up in London, Los Angeles and Sao Paulo (Brazil).
News The Chainsmokers are giving away a share of their streaming royalties for free, via Justin Blau’s NFT platform Royal Royal says The Chainsmokers will be making 5,000 NFTs that represent a collective 1% of their new album’s streaming royalties
News YouTube’s Q1 ad revenue was more than double what Spotify made across its entire business in Q1 YouTube's advertising revenues reached $6.87 billion in Q1 2022
News As rap continues to rule the charts in Germany, Apple Music expands Charlie Sloth’s Fire in the Booth freestyle series into the market Fire In The Booth Germany will be presented by DJ Maxxx