News Netflix chief Ted Sarandos cashes out $6m in Spotify stock Sarandos cashed out 17,710 SPOT shares on Thursday, September 12
News HYBE buys 51% stake in mystery company for $25m HYBE recently spent USD $25 million to acquire a 51% stake in an unknown company.
News Trio of ex-BMG bigwigs launch new indie label in Germany… with a human heart Max Giesinger named as debut signing for new label launched by Dominique Casimir, Maximilian Kolb and Justus Haerder
News Abu Dhabi’s ESMAA and Anghami settle legal dispute and strike licensing agreement Deal marks the resolution of a legal dispute between Anghami and ESMAA (representing PopArabia and Reservoir)
News BMI files rate court action against SiriusXM Petition filed in New York on Thursday, September 12
News Universal launches Def Jam Recordings Sweden under the leadership of Mattias Caliste Mattias Caliste most recently ran Virgin Music Sweden
News Universal strikes global licensing deal with B2B music streaming tech provider Tuned Global Expanded agreement builds on a long-standing relationship between the two companies
News Concord Label Group merges Fantasy Records with Concord Records; combined brand led by Co-Presidents Margi Cheske and Mark Williams Cheske and Williams are based in Los Angeles and report to Concord Label Group Chief Executive Tom Becci
Analysis News Spain’s recorded music industry revenues reached $269m in H1, up 16.6% YoY Music streaming revenues in Spain grew 19.1% YoY
Analysis News Pharma giant Johnson & Johnson sued for alleged ‘rampant’ copyright infringement by Sony and Universal-owned production music firm APM Music Johnson & Johnson is alleged to have used APM's music in promotional videos without permission
News Arctic Monkeys producer James Ford signs exclusive, global administration deal with Universal Music Publishing UK Producer, songwriter and composer has worked with Arctic Monkeys, Depeche Mode, Foals, Florence and The Machine and more
News COLTURE, co-founded by Brent Faiyaz Manager Ty Baisden, strikes partnership with Soulection CEO Joe Kay Soulection started as an independent radio show and now encompasses a label and live event series
News Litmus Music acquires Opus, owner of Juice WRLD and Maluma rights, after extending credit facility to $400m Litmus launched in August 2022 with an initial $500m commitment from Carlyle Global Credit
News Jackie Winkler promoted to SVP and Head of A&R at Island Records Winkler signed Sabrina Carpenter in 2020 and has closely collaborated with the singer on her US No.1 album, 'Short n’ Sweet'
Analysis News Another injection of optimism for music rights: Warner gets BBB long-term credit rating from Fitch Warner Music Group has been assigned a first-time Long-Term 'Issuer Default Rating' (IDR) of 'BBB'