News Ethiopia Habtemariam to step down as Chairwoman and CEO of MotownHabtemariam has spent almost two decades at UMG
Analysis News Concord music rights to fuel $1.65bn Apollo bond offering – reportReport marks the latest news about a music company launching bond offerings via securitized royalties from copyrights
News Universal acquires 49% stake in independent music powerhouse [PIAS]Deal follows the formation of a strategic global alliance between the two companies in June 2021
Interviews News Lyor Cohen: ‘The music industry is facing one of our biggest crises to date.’Cohen argues that YouTube Shorts offers a distinctive difference to the likes of TikTok or Instagram Reels
News UK competition watchdog finds major record labels are not ‘making significant excess profits that could be shared with creators’Competition and Markets Authority's final report published
Interviews News How $40m-backed Symphonic Distribution plans to be a ‘true alternative’ to traditional labelsFounder & CEO Jorge Brea on the challenges in the distribution space and how his company is trying to differentiate itself
News IFPI launches Official MENA chart, with Rema’s ‘Calm Down’ named as first No.1New singles chart includes music streaming data from Anghami, Apple, Deezer, Spotify and YouTube
News BMG acquires music interests of Eurodance star HaddawayDeal with Haddaway includes his debut single and global hit What Is Love
News Michèle Hamelink promoted to Managing Director of Benelux at Sony Music PublishingHamelink most recently held the position of Senior A&R, Europe
News Live music promoter DEAG’s Q3 revenue up 72% versus pre-Covid levelCompany generated $106m in revenue in Q3, accoridng to preliminary earnings results
News Japan’s Avex Group strikes licensing deal with NetEase Cloud MusicDeal gives NCM the right to distribute Avex's music catalog in China
Analysis News From Utopia Music downsizing its workforce to Warner’s $1.5bn in calendar Q3… it’s MBW’s Weekly Round-UpOur biggest stories of the week, brought to you in association with Centtrip
News Utopia Music makes layoffs as it downsizes global workforceMBW understands that Utopia's global team numbers 1,200 people. That figure includes both contractors and around 800 employees.
News BMG buys recordings catalog of German pop-rock band Fools GardenBand's global hit Lemon Tree has sold six million copies
Analysis News Warner Music Group generated $92m from ’emerging platforms’ in calendar Q3 – and other takeaways from Steve Cooper’s last earnings call with WMGWarner's share price soared 15% following the announcement of the earnings on Tuesday