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
Analysis News Warner Music Group generated $1.49bn in calendar Q1; subscription streaming revenues rose 13.5% YoY Warner Music Group has issued its financial results for the three months ended March 31, 2024
News Kristal McKanders Dube to lead Global Corporate Communications for BMG McKanders Dube joins BMG after nearly six years at Warner Music Group
News Kilometre Music Group has spent $130m+ on music rights to date and says its latest acquisitions include stakes in Taylor Swift’s ‘Lavender Haze’ and ‘Karma’ Company formed the Barometer Global Music Royalty Fund in 2021
News Annie Aberle promoted to Senior Vice President/Head of Creative at PULSE Music Group Aberle was previously Vice President, A&R, PULSE Music Group
Analysis News Universal Music Group sees a future where 1 in 5 streamers pays for a ‘super-premium’ tier (and 3 other things we learned from UMG’s Q1 earnings call) MBW listened into UMG's Q1 earnings call. Here are a few things that stood out...
Analysis News Live Nation revenue reached $3.8bn last quarter; attendance grew 21% to 23m fans in Q1 The concert giant's latest financial results were published on Thursday (May 2)
News Warner’s Songkick strikes partnership with ticketing and marketing company Shoobs Partnership aims to boost the visibility of Black culture events and gigs
News Steve Redmond to step down as Global Head of Communications at BMG “Steve Redmond has played a pivotal role over more than a decade in helping define BMG as a new kind of music company," said BMG CEO Thomas Coesfeld said
Analysis News Universal Music Group generated $2.8 billion in Q1 – up 7.9% YoY UMG, which trades on the Euronext stock exchange in Amsterdam, has published its Q1 results (for the three months to end of March)