News John Lennon estate appoints the UK’s PPL to collect neighbouring rights royalties PPL will collect broadcast and public performance royalties for the estate’s interests in John Lennon, Yoko Ono and The Beatles
Analysis News Concord acquires mystery Latin Music catalog for $217m, after raising $850m in latest asset backed securities transaction Concord catalog now worth more than USD $5 billion, according to Kroll report
News Downtown’s FUGA expands in ANZ region via new deal with Australia’s UNIFIED Music Group Partnership will bolster UNIFIED’s distribution and marketing capabilities, and provide neighbouring rights services
News Reservoir acquires producer royalties of Grammy winner Jack Douglas The acquisition includes hits by Aerosmith and Cheap Trick
News Warner Music Group acquires Amsterdam-based label Cloud 9 Recordings Cloud 9 Co-founder Raymond van Vliet to remain as President of Cloud 9 Recordings
News Spotify launches Free tier in South Korea Spotify launched in South Korea in February 2021 without its ad-supported tier
News atVenu, a live event commerce and music merch sales platform, secures $130m equity investment from Sixth Street Growth News arrives amid the investment world's continued interest in the live events space
Analysis News Tencent Music is ‘strategically deploying advanced AI tools’ to crack down on infringement amid the rise of AI-generated content Company's ESG report provides details on how it tackles copyright infringement amid the rise of AI-generated music
News Spotify slams ‘outdated bureaucracy’ in Sweden as it moves ‘parts’ of 250 jobs from its home market after court ruling over night shifts Court rejects Spotify's request to allow its engineers in the market to work shifts between midnight and 5am
News David Cassidy rights acquired by Iconoclast in eight-figure deal Cassidy’s portrayal in the 1970s of Keith Partridge in The Partridge Family 'turned him into a teen idol of unprecedented proportions'
News Ex-Spotify UK & Ireland boss Tom Connaughton joins independent UK distributor Canvas Music as Partner and Senior Advisor Canvas has also signed a long-term joint venture with US-based Symphonic Distribution
News Eric Wong upped to Head of Global A&R, Recorded Music at Warner; Jessica Keeley-Carter promoted to Chief Marketing Officer Both execs report directly to WMG CEO, Robert Kyncl
News Warner and Meta strike multi-year licensing deal covering Instagram, Facebook and for the first time… WhatsApp New deal will also see companies further their discussions 'on the potential of AI'.
News Chris Moncada promoted to Chief Operating Officer of MNRK Music Group Exec is based in Toronto and will work across various MRNK offices in New York, Nashville, Toronto, and the UK
News ‘Espresso’ hitmaker Julian Bunetta inks global publishing agreement with Sony Music Publishing Bunetta worked on Sabrina Carpenter’s No.1 single Espresso, among many other hits