News Round Hill buys music rights from Herman Rarebell, original drummer in The Scorpions The Scorpions are estimated to have sold over 100 million records globally
News Music’s next big-money buyout will be the Middle East’s Qanawat Music, sources tell MBW Qanawat Music operates as a music distributor across the Middle East and North Africa
News Universal’s Virgin Music strikes global partnership with Australia’s Mushroom Group Mushroom appoints Korda Marshall as International Director to co-lead the partnership with Mushroom Label and Publishing’s COO Chris Maund
News Catrin Drabble promoted to CFO at Kobalt, as Tom Sansone steps down Drabble joined Kobalt in 2017
News Trends and analytics platform P-MRC Data changes name to Luminate Luminate powers the Billboard charts
News Mathew Knowles joins teaching staff at London music college LCCM – and there’s a full scholarship named after him, too. US music executive joins LCCM as a visiting lecturer
News HIFI closes eight-figure funding round with backing from Quincy Jones, Coran Capshaw, Diplo, 3LAU and more Michelle Jubelirer, Ron Laffitte, Gee Roberson, Tom Windish and many others also joined the round
Analysis News France’s recorded music industry topped $1bn in 2021 Results were published today (March 15) by French trade body SNEP
News TikTok’s partner for its new SoundOn distribution service is… TuneCore TikTok confirms that Believe's service has been signed up
News Reservoir inks global publishing deal with Grammy-winning artist Killer Mike of Run The Jewels Atlanta-born Killer Mike has released four studio albums alongside his Run The Jewels partner, EL-P
News Aton Ben-Horin promoted to Executive Vice President, Global A&R for Atlantic Records Group Exec also inks publishing partnership with Warner Chappell Music
News After taking its Electric Daisy Carnival to Roblox, Insomniac partners with Epic Games rival Unity to build metaverse world for virtual concerts Companies plan to build a 'new, persistent metaverse world' where fans can watch virtual concerts
Interviews Meet Italy’s Rude Records, the $4.6m-valued indie label aiming for an IPO by 2025 Label President Ilich Rausa discusses fund raising and expansion plans
News Sony Music buys minority stake in Walter Kolm’s WK Records Sony previously acquired a 50% stake in Kolm's separate management company
News From the United States’ $15bn revenue to Downtown’s $200m indie artist fund: It’s MBW’s Weekly Round-Up The biggest stories from the past week – and why they matter