Apple In The News

The EU is investigating UMG’s $775m Downtown buyout – but why, and what happens now?

MBW explains Article 22, and how the investigation process works...

Adrian Sarosi joins Luminate as Vice President, General Manager of International

Based in London, Sarosi will oversee the company’s international expansion strategy

Spotify Q1 2025 earnings call: Daniel Ek talks growth, pricing, superfan products, and a future where the platform could reach 1bn subscribers

Six things we learned from SPOT's Q1 earnings call...

Ole Obermann and Rachel Newman named Co-Heads, Apple Music

Obermann officially joins Apple from ByteDance

UMG generated $3bn+ in Q1 – up 9.5% YoY, driven by Kendrick Lamar, Sabrina Carpenter, and more superstars

Company's subscription streaming revenues grew 9.3% YoY

Sony Corp strikes strategic partnership with BandLab Technologies to bring spatial sound and other tools to the company’s millions of users

Initial phase of partnership integrates Sony’s Spatial Sound technology; co-branded hub within BandLab to act as gateway for future offerings

HYBE revenues soared 39% YoY to record $349m in Q1, driven by tours and merch from SEVENTEEN, j-hope, ENHYPEN and other K-Pop stars

HYBE surpassed the 500 billion South Korean won quarterly revenue mark for the first time in the first quarter of 2025.

Spotify set to hike prices across Europe, Latin America, following 18% price rise in Netherlands

A Spotify individual subscription in the Netherlands now costs EUR 12.99 per month