Analysis News Deezer reports 11% revenue growth for calendar Q3 The company attributes its revenue growth to new partnerships and subscription price hikes
Analysis News Universal Music generated $3.15bn in Q3; subscription streaming revenues grew 8.2% YoY Universal Music Group has published its financial results for the three months to the end of September.
News Hipgnosis sponsors Songwriter category at next week’s Music Business UK Awards Leading song management company signs on with the big night now just days away
News BeatStars integrates music catalog into Voloco mobile recording app BeatStars' catalog of over 9 million tracks will now be available directly within Voloco's platform
News Rostrum Pacific unveils AI-powered music distribution platform SpaceHeater The tech will enable artists and labels to track how their music is used in AI training models and determine fair compensation
News Music AI startup Hook inks content deal with Glassnote Records Hook enables users to create authorized remixes and mashups using licensed music
News EMPIRE hires Jeffrey Yoo to lead expansion in Asia; First signing named as Korean superstar G-Dragon Jeffrey Yoo appointed Senior Vice President, East Asia at EMPIRE
News UnitedMasters extends music distro partnership with NFL through 2027 season The agreement builds on the two parties’ original three-year deal established in 2023
News YouTube ad revenues reached $8.92bn in Q3, up 12.2% YoY YouTube's ad revenues beat analysts' expectations
News Live events company DEAG acquires Italy-based promoter MC² Live The 46-year-old company has developed live events and ticketing businesses across Europe
News Sony Music Publishing inks global deal with Mike Dean; Launches partnership with producer collective, M.W.A. 'We are pleased to partner with Mike and M.W.A.’s Sean Solymar, Tommy Rush, and Sage Skolfield as they continue to shape music’s future,' said Sony Music Publishing Chairman & CEO Jon Platt
News ASCAP and Sacem form strategic alliance that will include a new AI task force The new partnership builds on earlier collaborations between the two collective management organizations
Analysis News Reservoir upgrades financial guidance after reporting 6% jump in revenues to $40.7m in calendar Q3 Company has raised its revenue and EBITDA forecasts for the fiscal year
News Tega Oghenejobo promoted to President and Chief Operating Officer of Nigeria’s Mavin Global Universal Music Group acquired a majority stake in the Lagos, Nigeria-based music company in February
News Universal’s Virgin Music Group acquires Outdustry, expanding its presence in China and India Universal's global indie artist and label services division acquires Outdustry to focus on expansion into 'high potential markets'
News Daniel Lang elevated to SVP, Global Society Relations and Digital Rights at Warner Chappell Music The appointment expands Lang's responsibilities to include oversight of US collection societies
News Court dismisses former ADOR CEO Min Hee-jin’s reinstatement bid amid HYBE leaked documents controversy Reacting to the court's decision, K-pop giant HYBE has praised the "wise ruling"
News Sophia Hong appointed Managing Director of Warner Chappell Music Korea Exec will be based in Seoul and will report to Arica Ng, President of Warner Chappell Music APAC