News Darcus Beese exits Island Records to ‘pursue new career opportunities’ Universal confirms British exec is returning to the UK
Analysis News YouTube generated nearly $20bn from ads last year – more than $54m per day Annual figure was up by over $4.6bn year-on-year
Analysis News Spotify lost the equivalent of $2.2m every day in 2020… as it spent over $1bn on sales and marketing in the year MBW shines the spotlight on SPOT's 2020 fiscal results – on the black ink... and the red ink
Analysis News Sony Music revenues soared above $4.5bn in 2020, after huge final quarter of the year Sony Music's streaming revenues jumped by 19.5% in 2020, and by 26% in calendar Q4
News Round Hill IPO fund starts buying, spending $282m on hits recorded by The Beatles, Marvin Gaye and more Next up will be the purchase of a 29% stake in 100,000 copyrights once owned by Carlin
Analysis News What now for Kobalt? The small matter of a $500m-a-year publishing company, for starters… Following the sale of AWAL and Kobalt Neighbouring Rights, where does Willard Ahdritz's company go from here?
News Confirmed: Sony Music is paying $430m to buy AWAL and Kobalt Neighbouring Rights Financial filing in the US from Sony confirms price of double acquisition
News Sony Music buys AWAL and Kobalt Neighbouring Rights from Kobalt Music Group Rob Stringer-led Sony swoops for Kobalt's independent artist and label services division, which generated $111m in FY2019
News Sherrese Clarke Soares, CEO of $1bn-backed acquisition fund Tempo Music Investments, exits company "Despite the birthing of Tempo as a result of several years of hard work at Morgan Stanley, I made the decision to resign as CEO to start my own venture."
News Universal Music Group IPO coming ‘early 2022 at the latest’; Tencent completes acquisition of further 10% in UMG Vivendi suggests Universal's IPO could take place this year
Interviews ‘Artists need to pay attention to their legacy and be very specific about it.’ "Lawyer-manager" John Branca on fighting for artists' rights, and the Michael Jackson story
News Warner fires A&R exec Scott Maclachlan after sexual harassment incidents in Australia and New Zealand Maclachlan discovered and managed Grammy-winning artist Lorde when she was a teenager
News Hipgnosis is selling a lot more shares to raise a lot more money to buy a lot more music Prospectus issued to the markets today shows that Hipgnosis could potentially raise over $2bn in the next 12 months
News BMG, Beggars Group and Hipgnosis each have strong opinions on streaming. Here are those opinions. Submissions to the UK's Parlimentary inquiry into streaming are released for public consumption
Analysis The harsh reality about the music business, and a pantomime led by clueless self-regarders. UK politicians just grilled the heads of the three major labels in the market. It did not go well.