Analysis News Reservoir spent $115m+ on acquisitions and advances in latest fiscal year, as its annual revenues jumped 10% YoY to $158.7m Reservoir has published its fiscal Q4 (calendar Q1) and FY fiscal 2025 results (ended March 31, 2025)
News HYBE America sells Big Machine Rock label to Gebbia Media Scott Borchetta, founder of Big Machine Label Group, to join advisory board Gebbia Media parent Siebert Financial
Analysis News EU artists generated more than $1.8 billion on Spotify in 2024, up 15% YoY Spotify has published Loud & Clear stats for the EU
News Spotify has reached 100m paying subscribers in Europe, Daniel Ek confirms Spotify reported on April 29 that it grew its global Premium Subscriber base to 268m paying users in Q1
News NetEase Cloud Music strikes strategic deal with South Korean entertainment company RBW Deal marks the latest K-Pop partnership for NetEase Cloud Music
News Downtown expands presence in Africa, as Sheer rebrands to Downtown Music Publishing Africa Sheer was acquired by DMP parent Downtown Music Holdings in 2020
Analysis News Private Equity’s thirst for the live business continues, as Providence strikes $1bn+ deal for event logistics firm that worked on Taylor Swift tour GCL is the parent of Rock-it Cargo, a prominent player in the world of logistics for tours by superstar artists
Analysis News HYBE is selling its entire stake in K-Pop rival SM Entertainment to Tencent Music for nearly $180m Tencent Music will become the second-largest shareholder in SM Entertainment
News Warner Chappell extends strategic joint venture with Lilly Raye Music "I trust their A&R instincts and their strategic nous," said Guy Moot, Co-Chair and CEO of Warner Chappell Music
News Payday Music Publishing inks deal with estate of ‘Under the Boardwalk’ co-writer Kenny Young Young was best known for co-writing the Grammy Hall of Fame song Under the Boardwalk, first a 1964 hit for the Drifters and later popularized by the Rolling Stones.
News Kacey Musgraves to receive Songwriter Icon award at NMPA 2025 annual meeting Additionally, Apple Music head Oliver Schusser will sit down for a keynote conversation
Analysis News HYBE reportedly eyeing expansion into India – could a local acquisition be its route into the emerging market? HYBE's reported plans to expand its reach into India arrive at a time of heightened M&A activity in the market
News UMG to move New York offices to PENN 2 building in Manhattan, with plans for ‘future premium retail experience dedicated to serving music superfans’ New offices to feature "state-of-the-art" production facilities, retail space and "premium digital signage" in heart of Manhattan
News Lisanne Dorn Bota appointed Senior Vice President, Commercial at Sony Music GSA She will join the management team, reporting directly to Christoph Behm, CEO of Sony Music GSA
News Avex Music Group launches Toibox publishing JV with Drake and Rihanna producer Elkan Avex Music Group, led by CEO Brandon Silverstein, has also signed Elkan to a global publishing deal