News Nick Ghelakis and Nicole Thomas named Co-Country Managers of Virgin Music Group, South Africa South Africa is the largest recorded music market in the Sub-Saharan African (SSA) region
Analysis News Deezer’s revenues grew 14.2% YoY to $144m in Q1; subscriber base reached 10.5m Paris-headquartered music streaming service Deezer has published its financial results and subscriber numbers for Q1 2024
News Music industry veteran Richard Stumpf launches Hawkeye Music Publishing New company has named Round Hill Music as a strategic partner
News Warner Chappell strikes exclusive deal with BandLab Technologies that includes a JV to identify and sign songwriters on ReverbNation Companies to identify and sign 'top-performing singer-songwriters' across the ReverbNation platform
News Downtown Music announces sudden passing of ‘beloved and highly respected’ CTO, Manan Vohra Exec is described by Downtown as an 'inspirational and visionary leader'
Analysis News ByteDance would rather shut TikTok in the US than sell if legal challenge against ban law fails (report) Citing sources, Reuters reports that TikTok's parent 'would prefer' to shut the app down in the US if court challenge is unsuccessful
News US independent vinyl retailers call for end to artist/label D2C pre-sell exclusivity windows "By restricting pre-sale opportunities ... record labels create a two-tiered system that privileges certain consumers over others."
Analysis News Concord isn’t giving up on Hipgnosis Songs Fund, as it bids $1.51 billion – less than 1% higher than Blackstone’s proposed offer HSF's board is unanimously recommending this offer to shareholders
News Taylor Swift’s The Tortured Poets Department has already racked up over 1bn streams on Spotify – the first album to do so in less than a week The Tortured Poets Department has broken more Spotify records
Analysis News Believe generated $250 million in Q1, up 15.9% YoY Paris-headquartered music company Believe has published its financial results for Q1 2024
News Warner Music Group sells Uproxx, HipHopDX and other media assets to Uproxx Founder and CEO Jarret Myer Rich Antoniello joins new company UPROXX Studios as Partner and Executive Chairman; will.i.am joins as Partner/Investor
News TuneCore reports $125m+ in payouts to indie songwriters since 2012 as it expands its publishing services Platform has also sent out 97m song registration records since it first began offering publishing administration services in 2012
News Universal enters strategic partnership with producer Binetou Sylla and Wèrè Wèrè Music to lead Def Jam Africa across French-speaking Africa The partnership will see Paris-based Binetou Sylla lead Def Jam Africa within French-speaking markets on the continent
News Primary Wave strikes multi-million-dollar music rights deal with Neil Finn of Crowded House Deal includes his work with Crowded House, as well as his solo material
Analysis News Latin music generated $1.4 billion in US recorded music revenues last year – up 16% YoY The RIAA has published its Year-end Latin Music Report