News Universal Music Group suspends all operations in Russia 'Effective immediately, we are suspending all operations in Russia and closing our offices there,' says UMG
Analysis News Spotify just patented its own A&R technology to predict breaking artists. Should labels be concerned? Daniel Ek's company suggests it could ink "recording deals" with on-the-rise artists... and spot them sooner than record companies
News Snoop Dogg joins esports giant FaZe Clan’s Board of Directors, as firm readies $1bn IPO Faze Clan's investors from the music business include Troy Carter, Guy Oseary and Pitbull
News UK collection society PRS cuts ties with Russian counterpart. But why is it having to act alone? PRS for Music has formally suspended its rights representation relationship with Russia's RAO
News Tom March named President of Geffen Records British exec makes move to Los Angeles to lead label at Interscope Geffen A&M
News ‘The catalog deals market in Europe will continue to accelerate.’ Hein van der Ree tells MBW about how €100m-backed Pythagoras Music Fund fits into the music rights acquisitions market...
News Warner joins $14m funding round in AI music startup LifeScore, founded by Siri co-inventor Tom Gruber Total funds raised by the company hits £12m ($15.7m)
Analysis News From Universal’s $10bn revenues to Epic Games’ Bandcamp buyout: It’s MBW’s Weekly Round-Up The biggest stories of the week – and why they matter
News iHeartMedia’s Lisa Worden to be honored as ‘International Music Person of The Year’ at MUSEXPO Creative Summit 2022 Event set to return with its first in-person edition since 2019
News Germany’s record business generated $2bn for second straight year in 2021 BVMI reports that the German market's revenues from physical music sales and streaming generated a total of 1.96 billion euros (approximately $2.25bn), an increase of 10% year-over-year compared to 2020.
News Universal named as launch partner for new Billboard ChartStars NFT project ChartStars will be a collection of artist-focused digital artwork
News Universal expands Capitol Records into China, led by General Manager Tom Tang UMG has also launched a new standalone International division in the market
News Bandcamp acquired by Fortnite maker Epic Games Bandcamp will continue to operate as a standalone marketplace
News Dua Lipa sued for alleged copyright infringement over hit single Levitating Artikal Sound System claim Dua Lipa hit sounds 'substantially similar' to their song
News Universal and Sony spent $550m buying Bob Dylan’s music rights. Now they’re making NFTs with him. Bob Dylan's new NFT platform Snowcrash partners with Sony and Universal