Music Business News

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MBW understands that Utopia's global team numbers 1,200 people. That figure includes both contractors and around 800 employees.

Band's global hit Lemon Tree has sold six million copies

Warner's share price soared 15% following the announcement of the earnings on Tuesday

Hearing date and witnesses to be announced at a later date

Insomniac houses a number of labels in the electronic music space

Cloud Music accounted for 9.7% of parent company’s overall revenue in Q3

Middle East and North Africa is one of the world's fastest-growing regions for recorded music

Launched in November 2020, company has made over 500 advances to artists and labels

Allen is best known for writing top hits for Harry Styles, Halsey, Selena Gomez and Lizzo

Deal was confirmed by the artist on social media

Recorded music revenues were up 13.1% YoY to $1.244 billion, largely thanks to live music-related income

Startup raised £3.5m in a seed funding round earlier this year

Company expands in games industry

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