Analysis News Warner Music Group generated $1.67bn in calendar Q4; subscription streaming revenues rose 6.6% YoY Warner Music Group has published its financial results for the three months ended December 31, 2024
Analysis News TikTok’s parent company quietly launched a music licensing platform called EasyOde ByteDance appears to have a service in the works that could shake up the global music licensing market.
Analysis News K-Pop in crisis? Around 93m albums were sold in South Korea in 2024 – 23m fewer than in 2023 New data shows that, even as K-Pop gets bigger in the US, album sales declines in its home country in 2024
News Spotify slams the NMPA’s takedown action over alleged unlicensed songs in podcasts: ‘This is a press stunt.’ Spotify confirms that is investigating the takedown requests
News Warner Music Group and Audiomack expand licensing deal to cover 47 additional countries Partnership began in 2019 and was Audiomack’s first licensing deal with a major music company
Analysis News Spotify posts $1.5bn annual operating profit for 2024, as subscriber base grows to 263m in Q4 Spotify posted a quarterly operating income of over half a billion dollars
News Read Sir Lucian Grainge’s 2025 memo to Universal Music Group staff: ‘Streaming 2.0 will represent a new age of innovation, consumer segmentation, geographic expansion, greater consumer value and ARPU growth.’ UMG boss says: "I’m pleased to report that the Streaming 2.0 era has arrived."
News Warner Bros. Discovery strikes JV with Cutting Edge to co-own vast catalog of film and TV music, in deal worth $1bn+ Companies create a JV to co-own catalog of more than 400,000 compositions and song cues
Interviews ‘We aim to solidify Saudi Arabia as a global destination for music and entertainment within the next five years.’ MDLBEAST CEO Ramadan Alharatani talks XP Music Futures and shares his predictions for the music industry in the MENA region
News Exceleration Music acquires jazz specialist Mack Avenue Music Group Mack Avenue’s labels have earned several dozen Grammy nominations and awards
News Mike Chester promoted to General Manager of Warner Records Exec was most recently EVP of Promotion & Commerce
News Concord acquires publishing catalog of Ed Sheeran collaborator Johnny McDaid McDaid has also written for the likes of P!nk, Lewis Capaldi, Keith Urban, Shawn Mendes, Zara Larsson, Alicia Keys, and Jung Kook, amongst many others
News Influence Media Partners raises $360m in debt financing led by Goldman Sachs BlackRock acted as a joint placement agent.
News Spotify wins ‘bundling’ lawsuit, as court dismisses legal action brought by the MLC Court grants Spotify's motion to dismiss the lawsuit
News Adam Wilkes and Alex Hill to lead AEG’s international operations, as company realigns management structure Adam Wilkes named President and CEO of AEG Presents, Europe and Asia-Pacific; Alex Hill named President and CEO, AEG International