News HYBE acquires again, adding Los Angeles-based VIP experiences company Confirmed360 to its portfolio of subsidiaries 'HYBE AMERICA acquired Confirmed360, aiming to solidify its live events and experiences portfolio in the United States'.
Analysis News Deezer’s revenues grew 12.7% YoY to $586m in 2024, as operating loss narrows Deezer has published its financial results for the full year ending December 31, 2024
Analysis News Recorded music streaming revenues grew by just 3.6% YoY in the United States in 2024 – dragged down by a decline in advertising payouts RIAA has published its 2024 Year End report for the world's largest recorded music market
News Primary Wave struck a $100m JV with Times Music in 2023. Now that venture has acquired two companies in India. Times Music has acquired India's Symphony Recording Co. and ARC Musicq
Analysis News UMG asks court to dismiss Drake’s ‘Not Like Us’ lawsuit: ‘He has sued his own record label in a misguided attempt to salve his wounds.’ Company tells court that rapper's "claims against UMG are no more than Drake’s attempt to save face for his unsuccessful rap battle with Lamar."
News Brad Banducci named CEO of ticketing firm TEG, as Geoff Jones becomes Chairman TEG is one of Asia Pacific’s largest live entertainment and ticketing companies
News After raising $3.2m, music production and fan engagement platform AMPOLLO unveils advisory board Platform claims to provide 'a unique range of user-friendly tools and engagement opportunities to creators working in music.'
News Bill Ackman’s Pershing Square to raise $1.4bn from sale of 2.7% stake in UMG (report) 'We believe UMG is one of the best businesses we have ever owned,' said Ackman on X today
Analysis News Believe generated over $1bn in 2024, as company’s annual revenues grow 11.5% YoY Paris-headquartered music company has published its financial results for FY 2024
News Bria raises $40m to expand patented attribution engine to AI-generated music content Latest round brings company's total capital raised to $65 million
Analysis News Universal spent $1bn+ on investments in 2024… and 5 other things we learned on UMG’s latest earnings call What UMG's leadership team said on the company's FY 2024 call...
News Concord to acquire Stem in $50m+ deal, say MBW sources We also hear that Raine Group is in the middle of it.
News Billy Steinberg and son Ezra Steinberg sign global publishing deals with Sony Music Publishing Their works will be housed under newly formed company, Steinberg Music
News Megadeth founder Dave Mustaine’s Tradecraft label strikes deal with Frontiers Label Group for new album Megadeth have sold over 50 million albums worldwide
News Patrick Moxey’s publishing company files amended copyright complaint against Sony Music Original lawsuit was filed in New York in November on behalf of Ultra International Music Publishing LLC (UIMP) and Ultra Music Publishing Europe AG