News Record labels and publishers ink major settlement, moving from 9.1 cents to 12 cents per track for US mechanical royalties on physical sales Agreement reached to settle rate negotiation in the US
News Splice Chief Music Officer Maria Egan exits, joins Riot Games as Global Head of Music & Events Egan was previously Chief Music Officer at Splice since 2020
News UnitedMasters, valued at $550m, just launched its own beat marketplace Steve Stoute's UnitedMasters launches Beat Exchange, a platform for buying and selling beats
News Is TikTok (or ByteDance) slowly morphing into a record company? Evidence is building that such a description might one day fit...
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