News Concord officially pulls out of Hipgnosis Songs Fund acquisition race The news was announced in a statement to the market on Thursday (May 16)
News ATC Management acquires majority stake in Bring Me The Horizon management company Raw Power ATC Management represents more than 60 artists, composers and producers, including Nick Cave, The Smile and PJ Harvey
Interviews ‘Romania is an emerging music market that’s growing at a fast pace. It’s catching up with more developed markets.’ Anca Lupes, President of RAW Music, Founder of Mastering The Music Business, and Executive Director of indie label body Indiero talks growth and opportunity in Romania's music business
News Sun Label Group launches under parent company Primary Wave Music, bringing together Sun Records, Gaither Music, Green Hill Music, Rural Rhythm and emeraldwave Paul Sizelove will oversee Sun Label Group as President
News Spotify fires back at music publishers’ legal threat over alleged lyrics infringement, calling it ‘false and misleading’ NMPA letter to Spotify included various allegations, one of which was that the music streaming service is hosting unlicensed lyrics on its platform
News Music publishers threaten Spotify with legal action over lyrics, podcasts, music videos NMPA letter obtained by MBW accuses Spotify of not obtaining licenses for the use of lyrics on its platform
News Downtown Music launches Downtown Royalties & Financial Services division, led by Curve founder Tom Allen Tom Allen has been appointed President of Downtown Royalties & Financial Services
News Reservoir acquires catalog of 2Pac producer Big D Evans Evans produced some of 2Pac’s biggest hits
News ZYNC Music Group files lawsuit against Round Hill Music over alleged breaches of JV agreement Round Hill acquired a stake in ZYNC Music in a multi-faceted agreement back in 2017
News ASCAP CEO thanks Universal, Jody Gerson for ‘hard fight’ to improve songwriters’ pay from TikTok licensing deal Elizabeth Matthews applauds UMG's stance in its dispute with ByteDance's platform
News Sarah Ismail appointed Managing Director of ADA Asia Exec will continue her responsibilities on an interim term as Managing Director of Warner Music Philippines
News Pete Ganbarg launches Pure Tone Records JV with Atlantic Records The first artist signed to Pure Tone is Canadian singer/songwriter Forest Blakk
News Avex USA makes strategic investment in Brandon Silverstein’s S10 Entertainment Avex USA is the US division of Tokyo-headquartered entertainment giant Avex
News Apple Music launches ‘Apple Music Partner Program’ for labels and distributors, including ‘premium’ data analytics tools New program is available initially for a limited number of record labels and music distributors in the US
Analysis News Downtown secures $500m credit agreement from Bank of America for indie artist advances “Downtown is at the center of a major shift in the music industry," said Downtown Music CEO Pieter van Rijn