Analysis News Spotify subscriber base grew by 3m to 239m in Q1, as company posts biggest ever quarterly profit Spotify posted a "quarterly high" operating income of €168 million ($182.41m)
News Proper, formerly Utopia, tells shareholders: We need $6.4m from you Company has called on its shareholders to support a round of funding
News Taylor Swift’s ‘The Tortured Poets Department’ becomes first album to cross 300m Spotify streams in a single day The Tortured Poets Department broke multiple Spotify records in less than 24 Hours
News Bella Figura Music acquires RAK Publishing, including hits by Hot Chocolate and Joan Jett; firm has spent $80m+ on music rights to date RAK was founded in 1969 by record producer Mickie Most
News Taylor Swift’s return to TikTok includes an in-app experience for ‘The Tortured Poets Department’ with ‘first-of-its-kind’ features In-app experience follows the return of the superstar's music to TikTok, amid its licensing dispute with Universal Music Group
Interviews ‘Jelly Roll speaks to the underdogs with his music; Lainey Wilson has made Country Cool Again.’ BMG Nashville EVP of Recorded Music, JoJamie Hahr, on the rise of Jelly Roll and Lainey Wilson, and BBR Music Group's positioning in country music
News NMPA accuses Spotify of ‘attacking songwriters’ as streaming service changes how it pays out mechanical royalties in the US SPOT now considers its Premium plans to be 'bundles' – because they combine audiobooks and music
News Singer-songwriter Neil Sedaka sells stake in catalog to Primary Wave Music Sedaka has written or co-written for artists including Frank Sinatra, Elvis Presley, Connie Francis, Tom Jones and more
News Harri Davies appointed Head of A&R at RCA Records UK He most recently held the position of Senior Director A&R at Concord Music Publishing in the UK
News Primary Wave and FiveCurrents launch ‘revolutionary’ Bob Marley entertainment experience in Las Vegas “Bob Marley’s music has inspired and continues to inspire countless generations all over the globe,” said Primary Wave CEO Larry Mestel
News HYBE-owned Supertone’s new AI ‘voice changer’ lets artists change their vocals… in real-time Supertone has launched the beta version of a new tool called 'Supertone Shift'
News TikTok strikes global ticketing partnership with AXS The feature is live in the US, UK, Sweden and Australia
News Lex Borrero’s NTERTAIN acquires the Official Latino Film Festival, launches NVISION Film & Music Festival NTERTAIN is also comprised of NEON16, NTERTAIN Studios, and marketing agency AM16
News Latin music veteran Gustavo Lopez launches Globalatino Music Partners; acquires majority stake in Cigol Music Lopez was a longtime Universal executive and CEO of Saban Music Latin, which was recently acquired by Virgin Music Group
News Cutting Edge Group secures $500m to fund music rights acquisitions Cutting Edge said it has already identified a "circa USD $1.5 billion pipeline" of potential investments