News Blackstone’s Hipgnosis Songs Fund is no longer a publicly traded company Ben Katovsky and Dan Pounder appointed to Hipgnosis board, as HSF's previous board stands down
News Alison Donald, Kobalt’s Head of Global Creative, to exit company Exec announces departure after seven years at Kobalt
News Confirmed: Hipgnosis Songs Fund to delist from stock exchange this month, completing Blackstone takeover Hipgnosis Songs Fund will officially delist from the London Stock Exchange
News Spotify co-founder cashes out $85.8m in stock after streamer posts record profit… as songwriters brace for $150m royalty cut this year Spotify exec shareholders have wasted little time cashing out stock following the company's share price bounce
News Spotify estimates that it would have to pay out $50m if the MLC wins its bundling lawsuit The MLC sued Spotify in the US for allegedly underpaying royalties to songwriters and publishers as a result of its decision to reclassify its Premium tiers as 'bundles'.
News Alexis Lanternier appointed as the new CEO of Deezer He will succeed interim CEO Stu Bergen at the France-headquartered music streaming service
News Maximilian Kolb exits role as BMG’s EVP Repertoire and Marketing, Continental Europe Kolb joined BMG in 2012 as an A&R manager
News Primary Wave strikes multi-million dollar music rights deal with Steve Porcaro of Toto Porcaro wrote some of and performed on all of the band’s repertoire
News Mushroom CEO signals ‘new era’ for Australia-headquartered indie powerhouse, as company consolidates recording, publishing and neighbouring rights divisions New Mushroom Music will be spearheaded by co-CEOs Chris Maund and Linda Bosidis
Analysis News Universal Music generated $3.15bn in Q2 – driven by top sellers Taylor Swift, Billie Eilish, SEVENTEEN and more Universal Music Group has published its financial results for the three months to the end of June
News Influence Media launches frontline label, SLANG, led by Partner and founding Advisor, Rene McLean SLANG’s roster includes superstars Will Smith and 30 Roc
News HYBE CEO Jiwon Park resigns; Chief Strategy Officer Jason Jaesang Lee named as new Chief Exec at K-Pop giant Jiwon Park, who has served as HYBE's CEO for the past three years, has stepped down from his role at the company.
News AccuRadio CEO responds to SoundExchange lawsuit, claims to have paid $12.5m+ in royalties to date SoundExchange filed a lawsuit against US-based internet radio service AccuRadio to recover unpaid royalties
Analysis News Germany’s recorded music business generated $1.2bn in the first half of 2024, up 7.6% YoY Germany-based music industry association BVMI has published the market's H1 numbers
Analysis News Spotify subscriber base grew by 7m to 246m in Q2, as streaming company posts ‘record high’ quarterly profit Spotify posted an operating income of €266 million (USD $286.402m ) in Q2