News African Music service Mdundo hits 8.7m Monthly Active Users, inks telco partnership with MTN Nigeria Mdundo listed on the Danish stock exchange (the Nasdaq First North Growth Market) in September 2020
Analysis YouTube Music surpasses 50 million subscribers Major milestone crossed by Spotify's rival service, across YouTube Music and YouTube Premium
News Tencent axes all exclusive label deals in China following antitrust clampdown Tencent published a statement on WeChat announcing that it has written to all "upstream copyright" holders to end their exclusive agreements
News Tamaki Yamashita named Director of SPACE SHOWER FUGA, as joint venture opens for business in Japan First announced in December 2020, the JV adds 15 Japanese DSPs to FUGA’s network of DSPs across APAC
News Natalie Madaj promoted to SVP, Global Digital at Warner Chappell Music Eric Mackay, EVP, Global Digital Strategy, to exit company
News Tim Leiweke and Irving Azoff’s Oak View Group to merge with venue management firm Spectra Oak View was founded in 2015 by live industry heavyweights Tim Leiweke and Irving Azoff
News Hong Kong-based Allsaints Music Group raises $60m in series B round Company's investors include mobile device giants OPPO and Xiaomi
News Shanice Edwards to receive 2021 Richard Antwi Scholarship Edwards will be awarded a full scholarship for a place on the university’s Music Business Management MA course
News Vivendi sells additional 2.9% of Universal Music Group to Pershing Square for $1.15bn Pershing Square will now own 10% of UMG's share capital
News Warner Music Group strikes global licensing deal with social platform Kuaishou Kuaishou reports to have over 1 billion users worldwide
News Jack White’s Third Man Records expands into London, with retail space, live venue and new European HQ The store will become the company's third physical space, alongside buildings in Nashville, Tennessee and Detroit, Michigan
News Sony Music Germany acquires stake in children’s entertainment brand Tiger Media International Tiger Media offers its own streaming service called TIGERTONES, and has also developed a speaker box and touchscreen, called the TIGERBOX
News Germany’s recorded music revenues topped $1bn in H1 2021, up 12.4% YoY Digital's overall share of sales now stands at 78.6% of the market, while vinyl sales grew 49.5% in the first six months of 2021
News The Weeknd manager Wassim “Sal” Slaiby honored in Fuse Media’s Future Middle Eastern History Class of 2021 The Future History series celebrates positive, proactive and emerging leaders
News Hipgnosis buys catalog from Fleetwood Mac’s Christine McVie Catalog includes 11 No.1s and 47 Top 10s