News Boyd Muir promoted to Chief Operating Officer of Universal Music Group Company is 'immediately initiating an executive search process' to hire a new CFO.
News Sony Music acquires recorded music catalog of Egyptian superstar Amr Diab Sony has also signed what it calls a 'forward-looking multi-album deal' with the artist
Analysis News Universal Music generated $3.15bn in Q3; subscription streaming revenues grew 8.2% YoY Universal Music Group has published its financial results for the three months to the end of September.
News EMPIRE hires Jeffrey Yoo to lead expansion in Asia; First signing named as Korean superstar G-Dragon Jeffrey Yoo appointed Senior Vice President, East Asia at EMPIRE
News Sony Music Publishing inks global deal with Mike Dean; Launches partnership with producer collective, M.W.A. 'We are pleased to partner with Mike and M.W.A.’s Sean Solymar, Tommy Rush, and Sage Skolfield as they continue to shape music’s future,' said Sony Music Publishing Chairman & CEO Jon Platt
News Tega Oghenejobo promoted to President and Chief Operating Officer of Nigeria’s Mavin Global Universal Music Group acquired a majority stake in the Lagos, Nigeria-based music company in February
News Universal’s Virgin Music Group acquires Outdustry, expanding its presence in China and India Universal's global indie artist and label services division acquires Outdustry to focus on expansion into 'high potential markets'
News Sophia Hong appointed Managing Director of Warner Chappell Music Korea Exec will be based in Seoul and will report to Arica Ng, President of Warner Chappell Music APAC
News Megan Thee Stallion joins Weverse, as HYBE revamps superfan platform to include ‘advanced translation features’ for artist posts Megan Thee Stallion becomes the latest superstar to join the platform
News DistroKid to lay off 37 union workers DistroKid estimates that it distributes 30-40% of all new music in the world
News The Hipgnosis Songs Fund catalog has just been valued at $2.36bn… around $150m more than HSF’s enterprise value when Blackstone acquired it Blackstone raises nearly $1.5 billion in debt financing via new ABS, based on substantial valuation for Hipgnosis Songs Fund assets
News Concord closes $850m Asset-Backed Securities transaction to ‘fuel strategic growth and acquisitions’ Transaction was led by Apollo
News Primary Wave strikes music rights deal with estate of country and folk singer-songwriter, Jerry Jeff Walker Included in the deal are some of Jerry Jeff’s biggest hits such as Mr. Bojangles, Sangria Wine and Railroad Lady
News Universal Music uses AI voice cloning tool to create Spanish-language version of Brenda Lee’s hit ‘Rockin’ Around The Christmas Tree’ Universal's strategic partner SoundLabs is creating official "ultra-high fidelity" vocal models for UMG artists using their own voice data
News Josh Mateer promoted to Head of A&R for the UK and Europe at TikTok’s SoundOn Exec joined TikTok in 2022