News Nas joins $20m investment round in Africa-based mobile games publisher Carry1st Company was founded by Cordel Robbin-Coker, Lucy Hoffman, Tinotenda Mundangepfupfu in 2018
Analysis News Inflation is skyrocketing. Surely Spotify must finally put up its $9.99 monthly price. MBW Reacts: Our team's music biz-centric take on soaring inflation in the US
News NFT Platform Blockparty strikes first major label partnership with Warner Music Group New York-headquartered platform strikes first major label partnership
News Sony buys full ownership of Ultra Records; Patrick Moxey exits, David Waxman takes over as President Sony acquired a stake in Ultra Records in 2013 as part of a strategic investment into the company
News Meet Sony Music’s new global merch arm: Ceremony of Roses The Thread Shop to remain as a brand under the Ceremony of Roses banner
News Pharrell Williams, Justin Timberlake join $620m investment round in online security firm 1Password Series C round raises the company’s valuation to $6.8bn
Interviews With 11bn streams to date and annual revenues of $17m, Global Records is one of the CEE region’s biggest hits… Head of Label Diana Munteanu on opportunities in Russia, and expansion into Western Europe
News Utopia acquires the UK’s Proper Music Group, launches Distribution Services unit Fast-growing music tech company acquires again
Analysis News Netflix raises prices in the US (again). Will Spotify refuse to follow (again)? Netflix has raised its prices six times since 2014. Spotify has not kept up.
News Sync licensing company Cuesongs joins forces with Big Sync Music Two Songtradr-owned companies to join under Big Sync Music name
News Spotify is still king of global streaming subscription – but it’s losing market share New stats from Midia show that Spotify had a 31% share of the subscription market at the end of Q2 2021
News Now iHeartMedia plans to expand into the Metaverse iHeart plans to create events and experiences on Roblox
News Lanre Gaba promoted to Co-President, Black Music for Atlantic Records Executive celebrates her 20th anniversary with the label this year
News From BMG’s alliance with investment firm Pimco, to Sir Lucian Grainge’s 2022 message: It’s MBW’s Weekly Round-Up The biggest stories of the week – and why they matter
News Round Hill Music buys catalog from White Snake’s David Coverdale, strikes deal with Nancy Wilson from Heart Coverdale deal includes hits like Here I Go Again and Crying in the Rain