Analysis News TikTok: UMG’s catalog, including publishing, only makes up ‘approximately 30% of popular music on our platform’ It's a surprising claim from the ByteDance company...
News Robert Kyncl highlights Warner Music Group’s ‘big ambitions’ for MENA, as WMG signs India-based star Nora Fatehi Fatehi will remain signed to T-Series, the Indian music label and movie studio, for her Bollywood projects.
News Good Neighbours might be the hottest new independent band in the world right now – and the major labels know it. MBW's sources suggest this one is moving fast, with many sides keen to make a swift and potentially substantial deal
Analysis News Universal Music Group is acquiring a stake in Complex – via a takeover focused on ‘superfans’ and e-commerce Earlier this month, Robert Kyncl, CEO of Warner Music Group, confirmed that WMG is in active discussions to sell two of Complex's long-time rivals
Analysis 3 observations on… Universal Music Group’s $240m bet on Chord Music (and the real story, Dundee Partners) Looking underneath the hood of today's big story in the music business
News Believe praises TikTok, says platform offers ‘valuable monetization for our artists and labels’ Denis Ladegaillerie, founder and CEO of Believe, makes statement in reaction to UMG and ByteDance's public falling-out
Analysis News Sony generated $2.52bn from recorded music and publishing in calendar Q4 2023, up 14% YoY MBW crunches the numbers from Sony Corp's latest quarterly earnings announcement
News EQT, Denis Ladegaillerie, and TCV launch $1.64 billion takeover bid for Believe EQT says it expects to be 30 to 35% invested in Believe should takeover bid succeed
News Warner Music Group to cut a further 10% of workforce, 600 jobs to go, in move to ‘free up more funds to invest in music’ Robert Kyncl confirms WMG is exiting its owned and operated media businesses, including Uproxx and IMGN
News Hipgnosis Songs Fund shareholders vote in favor of giving £20m ‘bung’ to bidders on its catalog Decision could result in multiple companies each being paid £20 million by UK-listed fund
News Downtown, Hipgnosis and NMPA rally behind Universal Music Group in its fight with TikTok Andrew Bergman, David Israelite, Merck Mercuriadis all publicly support UMG's position
News Merck Mercuriadis to exit CEO role at Hipgnosis Song Management, becoming Chairman; Ben Katovsky promoted to Chief Executive of company HSM, which has approximately $3 billion-worth of assets under management, counts Blackstone as a majority investor
News Big change at Universal Music Group: John Janick and Monte Lipman to head up newly-restructured label groups in the US Both key executives increase responsibilities at UMG
Analysis TikTok’s biggest headache in its fight with Universal Music Group is UMG’s publishing catalog (and 2 other observations on the feud the whole music industry is talking about) What's really going on behind the scenes of music's big Grammy Week fall-out
News Confirmed: Universal Music Group’s music will be removed by TikTok in the coming days TikTok spokesperson says platform is "sad and disappointed" by UMG statement from earlier today