News From Warner Music Group’s revenues to Pollen going bust… It’s MBW’s Weekly Round-UpThe biggest stories of the week, brought to you by MBW and Centtrip
News Dawn Olejar named EVP and GM at Verve Label Group; Jamie Krents named President of Verve, Impulse! And Verve ForecastVerve Label Group (VLG) comprises imprints including Decca Records US, Decca Classics, Deutsche Grammophon, Impulse! Records, Verve Records, and Verve Forecast
Analysis News Capitol Records just signed a virtual artist, FN Meka. He has over 10 million followers on TikTok.FN Meka has 10 million followers on TikTok
Analysis News Lamont Dozier: Universal Music Group, Motown, Hipgnosis, Sony Music Publishing pay tributeMajor music industry names pay tribute to one of the greatest songwriters to emerge from the original Motown era
News Germany’s music publishing landscape transforms via €10m+ acquisition: Roba teams with fund to buy GERIGDeal includes many evergreen in the German market, plus carnival, pop hits and more
News Warner Music joins UMG in inking revenue-sharing deal with Facebook / MetaDeal was confirmed by Warner Music CEO Steve Cooper during an earnings call
News Session signs up as category sponsor at MBW’s 2022 A&R Awards in NovemberHigh-profile Swedish start-up backs the UK industry's favourite awards event
News Investor appetite for Roblox wanes as bookings drop 4% in Q2, missing forecastsFirm posted a net loss of $176.4 million in Q2
News Germany’s record business generated $1bn in the first half of the year, up 5.5% YoYNew H1 2022 figures have been published by German Music Industry Association (BVMI)
Analysis News Spotify has spent $1.2bn+ on companies to scale its non-music business over the past 3 yearsA round-up on acquisitions made by Spotify over the past three years
Analysis News Music’s bond adventure continues, as SESAC and Hipgnosis both launch nine-figure offeringsSESAC used the money raised to buy Audio Network; Hipgnosis' bonds will be priced next week. Both deals involve Blackstone.
News As live music bounces back after lockdown, Spotify dips a toe into concert ticket businessSpotify tests concert ticket sales direct to fans
News Dalia Ganz joins Warner Records as SVP, Digital MarketingExec joins Warner Records following 17 years with The Walt Disney Company
News Island Records Promotes Steven Rowen to SVP, Head of International MarketingRowen will continue to lead global marketing strategies across the Island roster
News Spotify’s online studio Soundtrap launches live collaboration, auto-save toolsSoundtrap will showcase the new tools in a Spotify for Artists Masterclass video to be released Wednesday