News Universal Music Group’s Global Impact Team expands ‘Sounds of the Future’ program to the UK UMG has also partnered with the Black Music Coalition on an internship program
News Rosalía’s ‘LUX’ breaks Spotify record for most-streamed album in a single day by a Spanish-speaking female artist The album accumulated 42.1 million streams within 24 hours of its release via Columbia Records.
News HYBE generated over half a billion dollars in Q3, as K-Pop company’s concert revenues surge 231% YoY Weverse had 11.6 million monthly active users, up by +700,000 from the 10.9 million recorded in Q2 202.
News From Suno getting sued by Koda to Live Nation’s $8.5bn in Q3… it’s MBW’s weekly round-up The biggest headlines from the past few days...
News Peter Quinlan named MD for Europe at AXS as Hannah Rouch joins as VP, Marketing, Europe AXS has made two key leadership appointments as part of its expansion across Europe
News Primary Wave strikes partnership with estate of Thin Lizzy’s Phil Lynott Lynott penned and recorded songs such as The Boys Are Back In Town and Dancing in the Moonlight
News Global songwriter royalty collections reached $13.6bn in 2024, up 7.2%, CISAC reports Growth in collections from digital and live music could see a bit of a slowdown in the years ahead, the report states
News WMG invests in ‘always on’ catalog marketing strategy, hiring Leda Chang in global role Exec will work closely with Global Catalog President Kevin Gore and his senior team
News Nuno Rocha appointed Head of Business Development for MENA, Lusophone, and Francophone markets at ONErpm Company expands with new office in Luanda, Angola
News Virgin Music renews multi-year deal with Brazilian label GR6 The agreement continues a relationship that began in 2020 between the Universal Music Group-owned music distributor and the São Paulo-based label.
News Luminate partners with Tencent Music to add sales metrics from China to its global data set for the first time Luminate, Billboard’s longtime official Charts partner, will track streaming and sales metrics from TME platforms
News Spotify calls ‘payola’ lawsuit ‘nonsense’ as class action targets playlist practices Genevieve Capolongo alleges Spotify deceives users by letting labels boost song visibility through reduced royalty payments.
News UK’s Dune nears closing of $2.6M Series A round ahead of artist investment app launch Dune's platform allows fans to buy stakes in musicians that fluctuate in value according to daily streaming data.
News Peter Edge honored with Sir George Martin Award, as Capitol Records UK sweeps MBW’s Music Business UK Awards MBW's Music Business UK Awards: All the winners
News SM Entertainment’s operating profit soars 261% amid streak of hit K-pop albums, growth at fan platform DearU A sharp jump in concert and merchandise revenue also contributed to the company's blockbuster Q3 earnings