MBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to major recent entertainment events or news stories.
Sony’s global music rights operation – across recorded music and music publishing – generated USD $2.70 billion in the three months to end of December 2024. That’s according to MBW’s calculations based on Sony Group Corp’s calendar Q4 2024 (fiscal Q3) results, as announced by the Japanese firm today (February 13). The $2.70 billion figure … Continued
Warner Music Group has today (February 6) confirmed that it has acquired a controlling stake in Tempo Music Investments aka Tempo Music. Tempo’s previous owner, Providence Equity Partners, holds on to a minority stake in Tempo as part of the deal. MBW first told you about the Warner acquisition last month. The final deal is … Continued
It’s official: as MBW reported earlier, Spotify and Universal Music Group have inked a new multi-year licensing agreement. Both sides of the deal have now confirmed their fresh alliance. And, as MBW’s sources nodded to earlier… it includes a surprise direct licensing agreement between Universal Music Publishing Group (UMPG) and Spotify in the United States … Continued