Google In The News

YouTube Music hits 125 million subscribers, adding 2m subs per month on average over the past year

YouTube added +25 million subscribers over the past 12 months

AI unicorn Anthropic raises another $3.5bn, boosting valuation to $61.5bn

The Series E round was led by Lightspeed Venture Partners, also an investor in Stability AI and AI music generator Suno

‘Ten years ago, DSPs were the cornerstone of establishing a new business model. What’s the next evolution of this?’

Carletta Higginson, Chief Digital Officer at Warner Music Group, discusses her time on both sides of the copyright line, at DSPs and record companies, as well as the future of streaming and the importance of keeping an open mind

Analysis

On… Universal’s Asian Adventure

MBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to major recent entertainment events or news stories.

News

Elon Musk denies interest in TikTok as app’s US future remains uncertain

The SpaceX and Tesla CEO said he would rather build companies from scratch rather than acquire existing ones

News

Following app debacle, Sonos slashes 12% of workforce amid takeover talks

The company has laid off 200 people ahead of the release of its fiscal Q1 results

News

YouTube’s quarterly ad revenues top $10bn for the first time in Q4 2024

Despite growth in ads, Alphabet's shares sank in pre-market trading as investors digested the company's revenue miss

Analysis News

In the wake of new Spotify deal, Universal Music Group adds $3.4 billion to its market cap; Warner Music Group shares up 4.7% as investors await similar agreement with streamer

Universal and Warner jointly pile on around $4 billion in market cap value following landmark announcement