News Splice just launched an AI-powered app that makes music with you New app CoSo uses AI to find sound samples from across the Splice catalog
News HYBE, home of BTS, sees revenues grow to $226m in Q1 2022, up 59.8% YoY HYBE generated South Korea Won (KRW) 285 billion in the three months ended March 31
News Believe generated revenues of $182m in Q1, up 30.9% YoY Believe also reports that its digital revenues were up 35.3% in Q1
News Universal Music Group revenues hit $2.46bn in Q1 2022 Top sellers for the quarter included releases from Disney’s ‘Encanto’ Soundtrack, King & Prince, The Weeknd, Fujii Kaze and Ado
News Spotify just entered the metaverse, with official launch on Roblox Company becomes first music-streaming brand to have a presence on Roblox
Analysis News From The Weeknd’s Universal deal to Spotify’s Q1 results: It’s MBW’s Weekly Round-Up The biggest stories from the past week – and why they matter
News John Legend’s NFT platform just raised $7.5m, led by The Sandbox parent Animoca Brands 'We’re focused on democratizing NFTs for the masses,' said Our Happy Company co-founder and CEO Chris Lin
News Believe renews deals with NetEase Cloud Music and Tencent Music Entertainment 'We are thrilled to have renewed our deals with both TME and NetEase Cloud Music,' said Sylvain Delange, Believe's Managing Director, APAC
News Snapchat, which now reaches over 600m monthly users, inks Augmented Reality partnership with Live Nation Festival attendees will be able to use AR to 'try on merch, find friends' and more
News BMG acquires Primal Scream song rights BMG has acquired a 50% stake in the song interests of Bobby Gillespie, Andrew Innes and the late Robert Young, together with their neighbouring rights
News After TikTok and SoundCloud, Tencent Music is a distributor now too TME has already distributed and promoted more than 150,000 songs to overseas platforms
News The Weeknd signs publishing pact with Universal – and he’s thrown new recordings and merch into the package too The Weeknd has sold more than 75 million albums.
News Bryan Kehn promoted to Vice President of Media at Republic Records Kehn first joined Republic Records in 2013
News Safiya Lambie-Knight named Head of Music for the UK & Ireland at Spotify Exec has been promoted to the role from her previous position as Lead, Artist & Label Partnerships, UK & IE