News BMG is speeding up payments for over 20,000 songwriters (which is also good news for KKR) Songwriters will be paid within 60 days rather than 90
News Yousician raises $28m in B Round, new investors include Amazon Alexa Fund and Paul McCartney’s MPL Ventures Silicon Valley firm True Ventures is the company’s lead investor
News Kim Lim promoted to Managing Director of Universal Music Malaysia Exec will oversee UMG’s operations throughout Malaysia
News BTS and Big Hit (HYBE) sued for copyright infringement over K-Pop reality TV show I-Land Big Hit also named in lawsuit claiming that the idea for the show was "stolen"
News Anton Partridge named Director of Global Strategy, Electronic Music for Warner Recorded Music Partridge to spearhead company's worldwide electronic music strategy
News Japan’s Avex Group expands into North America, led by President Naoki Osada Avex USA to house Avex USA Publishing, record label SELENE and the Future of Music Investment Fund
News Spotify subscriptions grew just 2% to 158m in Q1, Monthly Active Users topped 356m Spotify has published its results for Q1 2021
News We told you Warner Music Group was becoming a media company – now it’s launched an advertising division. New digital advertising and creative content department will bring together the company's 'digital advertising firepower under one unit'
News Songtradr acquires film, TV and gaming music data platform Tunefind Tunefind attracts over 30m unique visitors each year
News Spotify is launching podcast subscriptions… but it’s not going to make any money from them Spotify will reportedly announce its own podcast subscription offering soon
News After selling catalog to Concord, Downtown launches new services division led by Mike Smith Downtown projects that it will generate over $600m from services this year alone
News Spotify to increase some subscription prices in the US, Europe and the UK Premium Duo, Premium Family and Student plans to go up in the UK and Europe, while the US sees Family Plan increase
News Sony Music Publishing partners with Stockholm-based company The Very Good Publishing company's roster has worked with artists including BTS, Sting, Mø, Alan Walker, and Ava Max
News Viagogo loses court appeal against $4.5m fine in Italy Court ejects viagogo’s "passive hosting provider" argument, rules no exemption from liability
News Nikki Cox and Storme Whitby-Grubb join Red Bull Records leadership team Nikki Cox appointed Chief Marketing Officer, Storme Whitby-Grubb named Chief Creative Officer