News ‘Premium experience platform’ Seat Unique raises $19m in extended funding round Seat Unique is currently offering VIP tickets and hospitality packages for Billie Eilish, Taylor Swift, and the recently reunited Oasis
News The Other Songs partners with Universal Music Publishing Group; signs global deal with British singer/songwriter Bruno Major Bruno Major named as the 'first marquee signing' via the new arrangement with UMPG
News Instagram Notes may soon showcase your Spotify listening activity via new Meta partnership (Report) It's unknown if the feature spotted by a reverse engineer will ever be made public
News Dr. Kenji Kitatani appointed Chairman of Warner Music Japan Kitatani has a long and distinguished career in entertainment, media and academia
News BMG revenues hit $496m in H1 2024, up 12.5% YoY on organic basis Thomas Coesfeld's changes to BMG had a clear effect on company's profit profile in H1 2024 period
News Italy’s paid music streaming subscription revenues jump 23% as local acts completely dominate charts With Italy lagging Western countries in paid music subscribers, strong growth is expected to continue
News XL Recordings posted a $12.8m profit last year… despite only releasing 8 new albums XL's small but heavy-hitting catalog has made it an impressively profitable record company
News Ticketing startup TickPick secures $250M investment in ‘largest fundraise’ in industry to date TickPick says its all-in, no-fee pricing model has saved over $180 million in service fees alone on its platform since its inception
News Saregama, India’s oldest label, completes $45M acquisition of Pocket Aces Saregama says acquiring Pocket Aces is its avenue into expanding into short-form content
News South Korea’s FTC targets subscription practices of streaming giants including Spotify South Korean law requires streaming services to refund the unused portion of a subscription fee that is cancelled mid-billing cycle
News HYBE-owned label ADOR replaces CEO Min Hee-jin amid legal dispute HYBE suspects Min Hee-jin of attempting to seize control of subsidiary label ADOR.
News Paramount-Skydance merger moves forward as former Warner Music boss Edgar Bronfman Jr. drops $4.3bn bid Paramount's "go-shop" period to search for potential buyers has ended with Bronfman's withdrawal of his consortium's bid
News Oscar Scivier named Warner Music’s Senior Director, A&R, Asia In his new role at Warner Music, Scivier will be based in Hong Kong
News BMG hires Celine Joshua as EVP, Global Marketing Joshua was most recently at Universal Music Group where she headed up Web3-focused projects
Interviews Nick Bobetsky on Chappell Roan’s rise and why artistry is ‘a human matter – not a business matter’. Chappell Roan manager Nick Bobetsky on the incredible rise of the breakthrough artist
News Sony is excited about its new blockchain platform, Soneium – and music could play a big part in its future The company aims to turn Soneium into a comprehensive Web3 solution, offering services from the infrastructure level to application development
News Downtown partners with Hook, an AI app backed by Edgar Bronfman Jr’s Waverley Capital The deal “could serve as a blueprint for how AI companies can successfully work with music rights holders"
News TIDAL launches tool for US songwriters to claim and manage their work Songwriters will be able to organize their IPI, PRO and publisher information in one place