News South Korea financial watchdog reportedly plans to refer HYBE’s Bang Si-hyuk to prosecutors over alleged IPO fraud Bang Si-hyuk alleged to have misled HYBE investors in 2019
News SK Sharma joins PE giant Warburg Pincus as Senior Advisor, focused on investment opportunities in Generative AI Warburg Pincus LLC has more than $87 billion in assets under management
News Bob Sinclar signs global deal with Warner Chappell Music The deal covers a catalog of more than 350 works written or composed by the French DJ.
News Kobalt signs global deal with Música Mexicana specialist K Music Publishing K Music was founded in 2019 by CEOs Alfredo Becerra & Leonardo Soto and songwriter/producer Carlos Santos
Analysis News Reservoir spent $115m+ on acquisitions and advances in latest fiscal year, as its annual revenues jumped 10% YoY to $158.7m Reservoir has published its fiscal Q4 (calendar Q1) and FY fiscal 2025 results (ended March 31, 2025)
News HYBE America sells Big Machine Rock label to Gebbia Media Scott Borchetta, founder of Big Machine Label Group, to join advisory board Gebbia Media parent Siebert Financial
Analysis News EU artists generated more than $1.8 billion on Spotify in 2024, up 15% YoY Spotify has published Loud & Clear stats for the EU
News Spotify has reached 100m paying subscribers in Europe, Daniel Ek confirms Spotify reported on April 29 that it grew its global Premium Subscriber base to 268m paying users in Q1
News NetEase Cloud Music strikes strategic deal with South Korean entertainment company RBW Deal marks the latest K-Pop partnership for NetEase Cloud Music
News Downtown expands presence in Africa, as Sheer rebrands to Downtown Music Publishing Africa Sheer was acquired by DMP parent Downtown Music Holdings in 2020
Analysis News Private Equity’s thirst for the live business continues, as Providence strikes $1bn+ deal for event logistics firm that worked on Taylor Swift tour GCL is the parent of Rock-it Cargo, a prominent player in the world of logistics for tours by superstar artists
Analysis News HYBE is selling its entire stake in K-Pop rival SM Entertainment to Tencent Music for nearly $180m Tencent Music will become the second-largest shareholder in SM Entertainment
Analysis News From HYBE’s reported expansion plans to Martin Lorentzon’s Spotify stock cash-outs… it’s MBW’s Weekly Round-Up The biggest stories from the past week – all in one place…
News Warner Chappell extends strategic joint venture with Lilly Raye Music "I trust their A&R instincts and their strategic nous," said Guy Moot, Co-Chair and CEO of Warner Chappell Music
News Barclays strikes partnerships with UK music venues The O2 and Co-op Live Bank becomes Founding Partner of Co-op Live and Principal Partner of The O2