News Nas and Lil Baby-backed metaverse firm Everyrealm closes $60m funding round led by Andreesen Horowitz The firm is led by CEO Janine Yorio
News Sting sells song catalog to Universal for $300m+ Sting has sold more than 100 million albums throughout his career
News Snoop Dogg acquires Death Row Records from MNRK Music Group 'I am thrilled and appreciative of the opportunity to acquire the iconic and culturally significant Death Row Records brand,' says Snoop Dogg
News Music funding platform beatBread raises $34m BeatBread offers advances ranging from $1,000 to $2 million per artist
News A new firm just raised over $100m to buy film and TV music rights – and it’s already made its first big acquisition Catalog includes the film and TV music scores for Fantastic Beasts, the Hunger Games Trilogy, The Dark Knight, Maleficent and more
News Ex-Spotify CFO Barry McCarthy named new Peloton CEO, as firm cuts 2,800 jobs in ‘restructuring program’ Former Spotify CFO steps in as Peloton co-founder steps down
News Alice In Chains members Jerry Cantrell, Sean Kinney, Mike Inez and William Duvall sell rights to Round Hill Music Catalog comprises 94 compositions and 159 recordings
Interviews ‘The indie versus major notion is outdated in the digital age.’ MBW’s World Leaders series interviews Marie-Anne Robert, Managing Director of Sony Music Entertainment France
News Warner Music Group generated nearly $1bn from streaming last quarter WMG has published its quarterly results (for fiscal Q1 2022, but calendar Q4 2021)
News Alex Branson joins Beatport as Senior Vice President of Music Services Branson will be based in London
News LaTrice Burnette appointed Executive Vice President, Def Jam Recordings / President, 4TH & Broadway Burnette to bring the 4TH & Broadway label from Island to Def Jam Recordings
News Warner Chappell: Spotify, Google and Amazon are paying songwriters an ‘appallingly low’ rate in the US Warner Chappell's co-chairs slam streaming pay rate for songwriters
News Irving Azoff’s Global Music Rights and commercial radio body settle long-running legal dispute Deal reached includes a majority of commercial radio stations entering long-term licenses with GMR
News Primary Wave buys music rights from estates of Layne Staley and Mike Starr of Alice In Chains Publisher to buy stake in Layne Staley’s and Mike Starr’s music publishing catalog, as well as master royalty income stream
News Apple Music cuts free trial for new subscribers from three months to one Six month free trial still offered for customers who purchase eligible audio hardware