Posts by Murray Stassen

Believe generated $952.7m in annual revenues last year, up 15.7% YoY

The company’s full-year financial results were published on Wednesday, March 13

Stu Bergen named interim CEO of Deezer

Announcement follows the departure of Deezer CEO, Jeronimo Folgueira

Spotify challenges YouTube, launching music videos for Premium users in 11 markets

The 11 markets include the UK, Germany, Italy, the Netherlands, Poland, Sweden, Brazil, Colombia, Philippines, Indonesia, and Kenya.

Haley Evans promoted to President of Mega House

Evans, previously Vice President of Mega House, will report to Co-CEOs David Silberstein and Jeremy Levin

HarbourView raises $500m in debt financing led by KKR

The music acquisition space continues to heat up

TikTok’s parent ByteDance has locked down AI-music patents in the US – as its researchers develop a model trained on 257,000 hours of songs

TikTok's AI music ambitions are bigger than you think...

UMG’s East Coast labels officially restructured via ‘Republic Corps’; Def Jam, Island, Mercury, Republic will operate ‘independently’ while tapping into ‘integrated departments’

Jim Roppo named President and Chief Operating Officer of Republic Corps reporting directly to Monte Lipman and Avery Lipman

Interscope Capitol Labels Group names key executive positions and leadership roles

UMG's frontline label groups in the US, Interscope Geffen A&M and Capitol Music Group, have been consolidated under the new name of Interscope Capitol Labels Group (ICLG)

Interscope Capitol Labels Group bolsters Pop/Rock and Urban teams in Interscope Geffen A&M division

Announcement follows the news that UMG's frontline label groups in the US, Interscope Geffen A&M and Capitol Music Group, are now officially consolidated under the new name of Interscope Capitol Labels Group

Germany’s recorded music business generated $2.4 billion in 2023, up 6.3% YoY

German Music Industry Association (BVMI) has published the FY 2023 stats for Germany's recorded music market

Gary Kelly and Jason Kawejsza promoted to key roles at Interscope Capitol Labels Group

Kelly appointed Chief Revenue Officer and General Manager; Kawejsza named Executive Vice President, Head of Business & Legal Affairs

This d4vd track recorded on BandLab’s free app just surpassed 1 billion streams on Spotify

Track has been streamed over 43.3 million times on Spotify in the past month

Interscope Geffen A&M and Capitol Music Group are now officially consolidated under the ‘Interscope Capitol Labels Group’; Steve Berman and Annie Lee both promoted to new roles

Interscope Capitol Labels Group is headed up by Chairman and CEO, John Janick

Roberto Neri appointed Chief Executive Officer of The Ivors Academy in the UK

Neri was most recently CEO of the publishing arm of Believe

BMG buys catalog of Germany’s Coconut Music, including the recorded rights of ‘What Is Love’ star Haddaway

Deal builds on BMG’s 2022 acquisition of Haddaway’s recorded royalties