News Música Mexicana superstar Peso Pluma’s Double P Records strikes global deal with Downtown Music Publishing The deal will also include administration for Peso Pluma’s own publishing interests
Analysis News Warner Music Group generated $1.55bn in calendar Q2; subscription streaming revenues rose 13.7% YoY Warner Music Group has published its financial results for the three months ended June 30, 2024 (calendar Q2 – the company’s fiscal Q3)
News The MLC partners with Beatdapp for streaming fraud detection services Beatdapp announced a $17m funding round in January
News Believe fully acquires Doğan Music Company, claimed to be Turkey’s largest independent label, after buying remaining 40% stake for $42m Believe struck an initial deal with DMC in 2020 to acquire a 60% stake in the label
News Universal Music strikes strategic agreement with AI startup ProRata, which just raised $25m for a chatbot and tech to attribute and compensate content owners ProRata.ai has invented tech that it claims enables gen AI platforms to accurately attribute and share revenues on a per-use basis with content owners
Analysis News In case you missed it… HYBE, the company behind superstars BTS and Seventeen, just launched a label services business in the US MBW Explains is a series of analytical features in which we explore the context behind major music industry talking points
News Punjabi music star AP Dhillon strikes deal with Republic Records Republic Records has signed AP Dhillon in alliance with Universal Music Canada
Analysis News Believe generated $510 million in the first six months of 2024, up 12.3% YoY Believe has published its financial results for the first half of 2024
Analysis News HYBE leans further into superfan business, adding subscription-based memberships to its Weverse fan app 'Superfans [are] a new growth engine in the global music market.'
News Ex-Parlophone senior execs Nick Burgess and Jack Melhuish launch indie label Artist Theory in partnership with B-Unique New label's roster already includes established UK star Sam Ryder
News HYBE, the home of BTS, restructures global business as part of new ‘HYBE 2.0’ strategy Company launches HYBE MUSIC GROUP APAC, reorganizes three core 'pillars' of its business, and plans to make investments in gen AI, gaming and more
Interviews ‘This is just the beginning. There’s still so much potential for Afrobeats and Amapiano in the coming years.’ MBW's Trailblazers series meets Camillo Doregos and Mark Mac, co-founders of Africa focused management and booking company, DC Talent Agency
News Rob Stratton promoted to Vice President, Visual + Media Rights at Sony Music Publishing in the UK Stratton first joined the company in 2014 as Promotions Executive
News Deezer revenues grew 14.6% YoY in the first half of 2024, driven by partnerships and price increases Deezer has published its financial results for the first half of the year
Analysis News As Spotify readies $18 per month ‘deluxe’ tier, do consumers care about high quality audio? Luminate study sheds light on what consumers really want from streaming