Analysis News TikTok ups max video length to 10 minutes. Should YouTube be worried? TikTok reportedly generated $4 billion in ad revenues in 2021, and wants to triple that in 2022
Analysis Snoop Dogg is building a crypto empire, one NFT at a time MBW chronicles Calvin Broadus Jr's impressive foray into the NFT space, and the rewards he's reaping
News Mushroom Group launches talent management division Mushroom Management Division will be spearheaded by long-term Mushroom team member Sarah Donelly
News Neil Diamond sells complete song catalog and all master recordings to Universal Agreement encompasses hits such as Sweet Caroline, Red Red Wine, Solitary Man, Cracklin’ Rosie
News From HYBE’s $1bn revenues to Warner’s $750m BlackRock fund: It’s MBW’s Weekly Round-Up The biggest stories of the week – and why they matter
News David K. Dormon appointed General Counsel at Downtown Music Holdings He replaces Peter Rosenthal
News Sony Music Publishing enters partnership with Vertical Rights Vertical Rights is the publishing arm of Lateral Management, which operates out of London, Stockholm and Los Angeles
News Spotify’s Director, Global Head of International Licensing exits, joins YouTube Music as Managing Director, APAC Veteran music executive Paul Smith joins YouTube Music
News ‘The two year wait for artists and fans is over,’ says Live Nation boss Michael Rapino, as firm posts $6.3bn revenues for 2021 Concert giant Live Nation Entertainment has published its financial results for Q4 (ended December 31) and full year 2021.
News Utopia acquires the UK’s Absolute Label Services Absolute will continue to service its existing customer base as part of Utopia
News Reservoir strikes deal for stake in catalog of legendary hip-hop producer and songwriter Larry Smith Deal includes Smith’s collaborations with seminal rap group Whodini
News Thought streaming exclusives were over? Think again. Middle Eastern mega-star Amr Diab signs exclusive multi-year licensing deal with Anghami
Analysis News HYBE, home of BTS, surpassed $1bn in revenues in 2021 – the year it acquired Scooter Braun’s Ithaca Holdings HYBE spent $1 billion on Braun's company in April 2021, and has seen a 58% jump in annual revenues
News Wise Music Group subsidiary G. Schirmer acquires catalog of film composer Franz Waxman Waxman is considered one of the most important film and concert composers of the 20th century