News Warner launches $650m fund to do battle with music’s big spenders Most of the equity in Tempo fund comes from Providence Equity Partners
News Dirty Hit inks global digital distribution deal with Ingrooves "UMG’s acquisition of Ingrooves is a perfect marriage of Dirty Hit’s two core partners and so this deal with Ingrooves, whose footprint is expanding, feels like a natural evolution as we continue to grow."
News Now Merck Mercuriadis’ Hipgnosis is buying master rights, as it swoops for Kaiser Chiefs catalog "I’m delighted that Mark, Martin, James, Nick, Ricky and the band have entrusted us with this special catalogue.”
News Tony Harlow named Chairman & CEO of Warner Music UK “Tony has a depth and diversity of experience that few can match," says Max Lousada
News Juice WRLD: BMG, Interscope lead tributes to rapper after he dies aged 21 "Juice made a profound impact on the world in such a short period of time."
News Juice WRLD dies aged 21 following seizure – report Juice WRLD released his second studio album, Death Race for Love, via Grade A / Interscope in March
News Universal launches new ‘A-Pop’ label, Red Records, in partnership with AirAsia Red Records will be lead by Hassan Choudhury, Head of Music for AirAsia Group and former UMG exec
News BMG expands into artist management, partners with Carl Stubner’s Shelter Music Group Hartwig Masuch says BMG will offer managers an attractive revenue share deal to join Shelter Music Group
News German PRO GEMA buys majority stake in digital distributor Zebralution that ‘secures our future viability’ “By taking a stake in Zebralution, GEMA has made a targeted investment that secures its future viability."
News Spotify now has an actual Head of Hits, as Ned Monahan joins from Interscope Monahan appears to be essentially succeeding Mike Biggane at streaming firm
News Are TikTok and Bytedance about to become a real problem for Spotify? Three reasons why Bytedance's new service may pose a real threat to the world's No.1 audio streaming platform
News A Spotify subscription in India now costs less than $1 per month, thanks to new annual offer News comes as industry awaits decision in Spotify vs. Warner Chappell case
News Spotify overtakes Deezer’s subscriber base in France – but, says Deezer, SPOT can’t match its payouts What's a 'market leader'? Interesting question...
News Kobalt COO Avid Larizadeh Duggan exits firm after five year association News comes as former CEO of Google Ventures, Bill Maris, steps down from Kobalt's board to focus on startups
News Merck Mercuriadis’ Hipgnosis Songs Fund is already worth over $850m Can Merck Mercuriadis build a billion dollar business within two years of trading?