Billboard In The News

Warner Records launches flagship dance music label Major Recordings, led by Sam Mobarek

Label's first signing is dance duo PARISI

From Larry Jackson’s $1bn-backed gamma to the US recorded music industry’s $15.9bn in 2022… it’s MBW’s Weekly Round-Up

The biggest stories on MBW from the past seven days

Shamrock buys portion of Metro Boomin’s publishing catalog for nearly $70m (report)

Reported acquisition comes just a month after Shamrock raised more than $600 million in commitments for its third equity fund

Patrick Moxey’s Ultra International Music Publishing launches Hidden Gem joint venture with producer Diamond Pistols

Company announces collaboration with Los Angeles-based producer

Anghami grew its paying subs by 21% YoY in 2022 and generated revenues of $48.1m, up 35.6% YoY

MENA-focused streaming platform has published its preliminary Unaudited 2022 Results

Milk & Honey signs trio of new clients, all songwriter/producers behind chart hits: JHart, The Elements, and Alexis Kesselman

M&H founder, Lucas Keller, calls JHart "one of the greatest songwriters and voices in the business"

Scooter Braun and HYBE want to build a ‘major’ music label. How will their $300m bet on Quality Control play into that aim?

An in-depth look at the biggest music industry deal of 2023 so far

Spotify rival Anghami sued by PopArabia, Reservoir over allegedly streaming unlicensed songs

Lawsuit was filed in December