Analysis News From Ed Sheeran’s copyright victory to Songtradr buying Bandcamp… it’s MBW’s Weekly Round-UpThe five biggest stories to hit our headlines over the past seven days
News Rick Ross and Maybach Music Group strike partnership with Larry Jackson’s $1bn-backed gammaAlso joining gamma is Breyon Prescott, including his Chameleon Entertainment label and catalog
News Hipgnosis Songs Fund Chair, Andrew Sutch, to step down; all-important ‘continuation vote’ looks likely to happen on October 26Shareholders will vote on whether to keep Hipgnosis Songs Fund as a close-ended investment entity next month
News Do Mick Jagger and The Rolling Stones plan to sell their catalog? No – but it could be donated to charity.Jagger told the WSJ that “the children don’t need $500 million to live well. Come on.”
News PPL to sponsor A&R Awards category celebrating behind-the-scenes linchpinsFast-growing collection society supports award for 'the glue of the A&R department'
News Songtradr acquires Bandcamp from Fortnite maker Epic GamesNews arrives a year and a half after Epic Games acquired Bandcamp
News Quincy Jones receives first-ever Peace Through Music Award from Recording Academy and US State DepartmentThe Recording Academy has partnered with the US State Department on the Global Music Diplomacy Initiative
News Jet, rock band behind ‘Are You Gonna Be My Girl’, strikes ‘landmark’ catalog deal with BMG'Jet are a generation-defining band,' said Heath Johns, BMG President, Australia, New Zealand and South-East Asia
News William Hsieh appointed Managing Director of Universal Music TaiwanExec joins UMG from interactive fitness tech firm Fiture, where he served as Vice President of Content
Analysis News Latin music generated $627m in US recorded music revenues in H1 2023 – up 14.8% YoYLatin music’s share of overall US recorded music revenues reached 7.5% in the first half of 2023, according to RIAA's Mid-Year 2023 Latin Music Report
Analysis News [PIAS] boss Kenny Gates on Deezer x Universal’s ‘artist-centric’ model: ‘For labels who invest every year, relentlessly, in new talent, this has to be good news.’ Thought the debate had died down? Think again...
News Africa-focused music streaming service Mdundo reaches 26.6m Monthly Active UsersMdundo also reported a 239% YoY jump in revenue from paid subscriptions
News IFPI rolls out new music charts in Egypt, Saudi Arabia, UAE, and North AfricaCharts aim to provide official rankings of the top streaming tracks in countries across the MENA region
News Vivendi exploring sale of ticketing firm See Tickets (report)Vivendi acquired See Tickets UK in its entirety in 2011
News Lauren Apolito promoted to Executive Vice President at SESAC-owned RumblefishRumblefish was acquired by SESAC in 2014