Analysis Could HYBE’s Weverse offer a template for Universal Music Group’s courting of ‘superfans’ in 2024? UMG has been experimenting with HYBE and Weverse since back in 2020. What's it learned?
News Tom March appointed Chairman & CEO of Capitol Music Group, Lillia Parsa named Co-President News was announced by Interscope Geffen A&M Records (IGA) Chairman & CEO John Janick, to whom March reports
News Michelle Jubelirer exits as Chair & CEO of Capitol Music Group Executive was promoted to Chair & CEO of Capitol Music Group in 2021
News Luminate acquires artist data identification service Quansic France-headquartered Quansic claims to operate the world’s largest artist identification database
News Abba’s Björn Ulvaeus and Quincy Jones join strategic funding round for royalty platform, Salt Salt claims that its platform will help songwriters access the so-called ‘Black Boxes’ of unclaimed or misallocated royalties
News Morgan Wallen signs global publishing deal with Warner Chappell Music Wallen will also have the ability to sign songwriters in partnership with WCM
News UK-based talent management company NQ strikes partnerships with Columbia Records UK and the Orchard NQ was established in 2017 by founder and CEO Michael Adex
Analysis News Spotify added 10m subscribers in Q4 2023, taking its total global paying subs audience to 236m Spotify's total number of Monthly Active Users grew 23% YoY to 602 million at the end of Q4 2023
News Gamma, now worth $400m, confirms $100m investment led by Alpha Wave Investment arrives less than a year after gamma’s March 2023 launch
News As Universal Music hits begin to vanish from TikTok, UMG accuses platform of ‘unwillingness to appropriately compensate artists and songwriters, protect human artists from the harmful effects of AI, and address online safety issues’ Removal of UMG's catalog follows the collapse of the two parties' licensing talks
Analysis News As YouTube Music hits 100m paid subscribers, Lyor Cohen says the platform ‘cares profoundly about the health of the music industry’ YouTube has surpassed 100 million paid YouTube Music and Premium subscribers worldwide
News Kenny Ong appointed Managing Director for Malaysia, Vietnam and Singapore at Sony Music Ong to spearhead the company's expansion and strategic development across the region
News Universal to stop licensing its music to TikTok… tomorrow The world’s largest music rightsholder just announced that its agreement with TikTok is set to expire tomorrow on January 31.
News With India in the running to overtake the US as the biggest music streaming market (by volume), Believe swoops for local ‘powerhouse’ catalog Believe has also acquired WHM's YouTube channel
Analysis With ‘superfans’ in their eyes, could the major record companies now rally behind Spotify in its ‘app tax’ battle with Apple? Why a careful balancing act is required by the majors as their own priorities become entangled in Spotify and Apple's fight