Analysis News From HYBE’s mystery acquisition to the copyright lawsuit against Johnson & Johnson… it’s MBW’s Weekly Round-UpThe biggest stories from the past week – all in one place…
News Warner Music Korea launches English-language music label MPLIFY, led by Samuel KuKorean-Australian singer-songwriter Olivia Marsh is the first artist to join the label
News Downtown Music Publishing inks global deal with PDU, the company from iconic Italian singer MinaItalian singer Mina has sold more than 150 million records worldwide
News HYBE’s NewJeans fallout is getting tenser by the day, as new CEO says company ‘follows the rules and pursues precision management’HYBE CEO addresses NewJeans ultimatum after shareholders meeting
News Court allows copyright infringement suit over Dua Lipa’s megahit Levitating to proceedA copyright infringement case over Dua Lipa's megahit Levitating is set to go forward
News Netflix chief Ted Sarandos cashes out $6m in Spotify stockSarandos cashed out 17,710 SPOT shares on Thursday, September 12
News HYBE buys 51% stake in mystery company for $25mHYBE recently spent USD $25 million to acquire a 51% stake in an unknown company.
News Trio of ex-BMG bigwigs launch new indie label in Germany… with a human heartMax Giesinger named as debut signing for new label launched by Dominique Casimir, Maximilian Kolb and Justus Haerder
News Spotify: We accounted for less than 1% of $10m generated in US streaming fraud caseThe company says it "invests heavily" in tools to detect and prevent streaming fraud
News Abu Dhabi’s ESMAA and Anghami settle legal dispute and strike licensing agreementDeal marks the resolution of a legal dispute between Anghami and ESMAA (representing PopArabia and Reservoir)
News BMI files rate court action against SiriusXMPetition filed in New York on Thursday, September 12
News K-pop giant HYBE asks court to unmask YouTubers accusing its artists of ‘plagiarism’HYBE has filed defamation lawsuits against seven YouTube channels that it says have damaged the company's and artists' reputations.
News The MLC promotes five execs in leadership roles to bolster outreach, education, and member servicesThe Mechanical Licensing Collective has distributed $2 billion to rightsholders since it launched in 2021
News Universal launches Def Jam Recordings Sweden under the leadership of Mattias CalisteMattias Caliste most recently ran Virgin Music Sweden
News PARTYNEXTDOOR named top artist-songwriter in Q2 2024 on the NMPA Gold & Platinum Program (based on RIAA certifications). Mustard named as top non-performing songwriterMeanwhile, Mustard was named the top non-performing songwriter for the second quarter of 2024