Analysis News India could become the world’s biggest music streaming market by volume in 2024 – overtaking the USA Total on-demand music streams in India were up by nearly half a billion in 2023 vs. 2022, according to Luminate
Analysis Primary Wave could buy a ‘music platform’. Here’s 4 ideas about what it might acquire… Company teased that it was targeting a music platform last week. Which areas will it be considering?
News Live music company DEAG plans to re-list on the Frankfurt Stock Exchange and raise between €40m to €50m to spend on M&A The company first went public in 1998 and delisted in January 2021
News TuneCore says that over 80,000 indie artists are enrolled in its ‘TuneCore Accelerator’ marketing programs TuneCore has published its first TuneCore Accelerator Report
News Apple Music to pay artists up to 10% higher royalties for music available in Spatial Audio Music available in Spatial Audio will now receive a greater share of royalties from Apple Music
News Canada’s CMRRA and SX Works Global Publisher Services strike partnership with Barbados’ COSCAP 'COSCAP is proud to embark on this transformative journey with CMRRA and SX Works Global Publisher Services,' said CEO Erica K. Smith Ph.D
News Nonesuch Records to celebrate 60th anniversary throughout 2024 with special events, reissues and more Company was founded by Elektra’s Jac Holzman as a classical label in 1964
News TikTok is testing an ‘AI Song’ tool that uses a large language model for lyric generation The test uses an LLM called BLOOM
News Brooke Salisbury joins Sony Music UK as Senior Vice President, International Marketing & Digital Partnerships The exec most recently served as General Manager at ADA UK, Warner Music’s Distribution and Label Services division
News Agnes Kacicki to lead Primary Wave’s Investments team as Head Of Corporate Development Exec to work closely with Primary Wave’s CEO & Founder, Larry Mestel
News The MLC issues notices of intent to audit Spotify and other DSPs to verify the accuracy of their royalty payments The MLC has sent audit notices to nearly 50 DSPs, including Spotify, SoundCloud, Apple Music and others
News BBC 6 Music’s Steve Lamacq and Music Ally’s Stuart Dredge to launch ‘The Price of Music’ industry podcast The Price of Music is a new weekly podcast about 'the money behind the music industry'
Analysis News Germany generated 213 billion streams in 2023 – 12% more than in 2022 830 million streams were generated on December 24 alone, according to new data from BVMI/GfK
News Chris Barkley appointed Senior Vice President of Government Affairs at NMPA "There is much work to be done to allow publishers and creators to achieve the full value of their work," said Chris Barkley
Analysis News Republic Records makes chart history, with 8 of the Top 10 albums on the Billboard 200 for two straight weeks Republic Records' 2024 is off to a flying start