News Tencent spends $263m to buy control of Chinese live streaming giant Huya Huya continues to operate independently and remains headquartered in Guangzhou, China
News Universal boss Sir Lucian Grainge ‘recuperating’ at home after contracting COVID-19 'Wherever you are in the world, take this pandemic as seriously as it deserves to be taken.'
News Ex YouTube Head of Publishing Victoria Campoamor joins Spotify as Senior Director, Content Operations & Services Exec was previously YouTube's Global Head Of Publishing Strategy and Operations
News Sukhraj Johal named General Manager of Warner Records UK Jennifer Ivory has also been promoted to Senior Vice President
News Warner Music Vietnam launches, led by Managing Director Lisa Nguyen Exec was previously Head of Zing Media
News Canada’s SOCAN reveals CAD $2m emergency royalty advance program to help members during COVID-19 crisis Priority given to members who are faced with a loss in live performance royalties or screen composers whose productions have been suspended
News Lou Ragagnin named President and CEO of Canada’s Re:Sound He joins Re:Sound from Chartered Professional Accountants Canada
News SoundCloud launches new marketing and distribution platform for ‘serious artists who want to take their career to the next level’ Artists get to keep 100% of their SoundCloud royalties plus 80% of the revenue received from other music services
News SoundCloud gives away $15m-worth of creator support during COVID-19 pandemic Platform has seen a 50% surge in creators uploading in the past month alone
News John Leahy joins the UK’s Blue Raincoat Chrysalis Group as SVP Marketing and Strategy 'John provides us with the missing link in the Blue Raincoat set up – an experienced and hugely successful marketing mastermind.'
News Ophelia Conheady appointed Head of A&R for Marathon Artists Conheady joins the company from Columbia Records UK
News Apple hit with lawsuit by songwriter heirs who allege ‘massive music piracy operation’ Works written by songwriters have been recorded by Art Tatum, Billie Holliday, Cab Calloway, Ella Fitzgerald, Lena Horne and others
News BTS label Big Hit Entertainment generated over $500m in revenue last year Company's operating profit in 2019 was $85.4m
News Sean Patrick Flahaven promoted to Chief Theatricals Executive at Concord Bill Gaden also promoted to President, Worldwide of Concord Theatricals
News Over 30,000 creators signed up to funding platform Patreon in first 3 weeks of March 'This moment in time is one of the strongest influxes of memberships that we’ve ever seen.'