Analysis News Believe generated $234m in Q3, up 9.1% YoY Paris-headquartered music company Believe has published its financial results for Q3 2023
Interviews ‘We operate at the intersection between creativity and culture for our artists.’ Warner Music's Bob Workman on brand partnerships, and working on high-profile campaigns for superstars like Ed Sheeran…
Analysis News Spotify added 6m Premium subscribers in Q3 – and posted a quarterly profit Spotify's global Premium Subscriber base grew to 226 million paying users in Q3
News AI music startup Boomy partners with fraud detection company Beatdapp to ‘ensure the integrity’ of its platform Around 7% of tracks made on Boomy and then distributed to Spotify were deleted by Daniel Ek's company earlier this year
Analysis 3 observations on… how Japan’s music industry caters to (and relies on) ‘superfans’ more than any other market Examples of how Japan's music business has fostered a special kind of connection with superfans in its market
News Universal Music just opened a retail ‘superstore’ for ‘super fans’ in Tokyo – plus The Rolling Stones’ second flagship store The Store features RS No.9 HARAJUKU, the second permanent Rolling Stones retail store outside of London
News TikTok Music just launched publicly in Australia, Singapore and Mexico… without Universal Music’s catalog Universal's recorded music catalog remains available on TikTok Music in Brazil and Indonesia
News Alain Couttolenc appointed CEO at Utopia Music as Mattias Hjelmstedt assumes role as Chairman Couttolenc previously served as Chief Development Officer at data company Ipsos
News Virgin Music Group combines Virgin Music and Ingrooves Music Group into united global operation Virgin Music Group will be organized into five key regions, with country leaders reporting to newly appointed regional leaders
News Rich Schaefer promoted to President, Global Touring at AEG Presents Schaefer previously held the title of Senior Vice President, Global Touring
News After raising $65m, DICE expands into Canada Launch in Toronto marks the company's latest expansion in North America
News BMG forms alliance with Universal Music Group; plans to move physical distribution to UMG’s Commercial Services division BMG says other collaborations with UMG are also under discussion
News Financial management platform Voly Music rebrands as Voly Entertainment Fintech firm says the rebranding 'does not affect the functionality or features of the Voly Entertainment platform in any way'.
Analysis News AI company Anthropic recently secured up to $4bn in investment from Amazon. Now it’s being sued for copyright infringement by Universal Music Group. The lawsuit claims that 'Anthropic profits richly from its infringement of Publishers’ repertoires and other copyright owners’ works'
News BMG expects to spend another $400m on catalog acquisitions this year – and just made its largest ever recorded music acquisition in France BMG has acquired the recorded music catalog of superstar French DJ and electronic music artist Martin Solveig