Amazon In The News

Private equity’s love of music tech continues, as STG acquires Pro Tools maker Avid for $1.4bn

The Pro Tools maker also operates a DIY music distribution service called AvidPlay

Josh Javor named co-head of WME’s London music department

Javor joins WME from X-Ray Touring

Amazon increases ‘Music Unlimited’ subscription price for Prime members

The recent spate of price hikes at music streaming services is gathering steam

Spotify price hike will boost our revenue, Reservoir says

Reservoir CFO Jim Heindlmeyer discussed Spotify price hikes on the company's latest earnings call

Universal Music becomes latest major to partner with kids audio platform Yoto

First release under partnership features rock band Queen’s Greatest Hits: Volume 1

Joie Manda’s Platinum Grammar Publishing adds three senior hires

Matt Spiller joins as General Manager, Adrian Nunez as Head of A&R and Leetal Nissenbaum joins as EVP of Global Sync & Strategic Operations.

News

Amazon Music partners with Bandsintown for new merch integration

Fans can now shop for merch via artist profile pages on the Bandsintown website and app

Universal Music generated $2.93bn in Q2 – boosted by sales from superstars like Taylor Swift and King & Prince

Universal Music Group's Q2 revenues up 8.8% YoY at constant currency