News Rio Caraeff appointed Chief Business Officer at Musixmatch Former Vevo CEO joins lyrics and music data platform in key role
Analysis News Taylor Swift is the most-streamed artist on Spotify in 2023, with over 26.1bn global streams Spotify has published its year-end charts alongside the launch of its 2023 Wrapped campaign
News Sony Music and CTS EVENTIM acquire two ticketing firms in South America via joint venture EVENTIM joint venture to acquire majority stakes in Punto Ticket in Chile and Teleticket in Peru
News After scrapping artist merch fees at its US club venues, Live Nation ups minimum wage to $20/hour for 5,000+ employees Initiative is part of a wider program called 'On the Road Again' created with legendary artist Willie Nelson
News CTM Outlander acquires publishing catalog of country music star Sam Hunt Company has also signed a publishing deal for his future works
News Ex-CEO of SM Entertainment launches K-Pop company in the US with backing from private investment firms Raptor Group, Animoca Ventures and more TITAN says that it is 'poised to reshape and revolutionize the K-pop landscape'.
News Morgan Wallen’s ‘Last Night’ was the top song on Apple Music globally in 2023 Apple Music has published its year-end charts highlighting the biggest songs of the year across Apple Music and Shazam
News iHeartMedia to receive $100m from sale of BMI US radio giant lined up $100m windfall from sale of BMI to a shareholder group led by New Mountain Capital
Analysis News What Universal Music Group really thinks about generative AI and copyright law… MBW has digested UMG's revelatory 99-page submission to the US Copyright Office on generative AI. Here's what we've discovered.
News Warner strikes partnership with Small World Records, founded by Ghanaian music entrepreneur SmallGod "SmallGod is a brilliant tastemaker, marketeer and visionary," said Max Lousada, CEO of Recorded Music at WMG
News BMI sells to New Mountain Capital-led group; Google/Alphabet fund to acquire minority stake in PRO; $100m handed to publishers and songwriters BMI press release confirms impending deal, so long as PRO's board approves transaction
News Sony Music debuts generative AI music project with Pink Floyd’s David Gilmour and The Orb Project launched in partnership between Sony Music Entertainment, Legacy Recordings and AI company Vermillio
News Spotify confirms details of how its royalty model will change in 2024 SPOT to introduce what it calls 'new policies to better support those most dependent on streaming revenues as part of their livelihood'.
News Tracy Maddux steps down as Chief Commercial Officer of Downtown Music Holdings Maddux has served as CCO for Downtown since October 2020
News Spotify ‘to phase out its service in Uruguay’ from January 1, 2024 over music copyright law changes Parliament of Uruguay passed a budget bill that includes changes concerning 'equitable remuneration' for performers