News India’s Tips Music clocked 40% revenue growth in calendar Q2 The company's massive increase in revenue and profit comes amid an ongoing boom in India's music business
News Bob Bruderman promoted to Chief Digital Officer at Kobalt Having joined the company in 2013, Bruderman most recently served as Kobalt's EVP, Global Digital Business
News HYBE CEO Jiwon Park resigns; Chief Strategy Officer Jason Jaesang Lee named as new Chief Exec at K-Pop giant Jiwon Park, who has served as HYBE's CEO for the past three years, has stepped down from his role at the company.
News Submix raises $1m in funding, launches remote music collab platform globally The platform promises to "unearth more opportunities for anyone currently or looking to work in professional audio"
News Ticketmaster acquires self-service ticketing platform Quicket, bolstering presence in Africa South Africa's Quicket has built a self-service ticketing platform serving Nigeria, Uganda, Kenya, and beyond
Analysis Daniel Ek talks new Spotify ‘deluxe’ tier, the company’s relationship with the music business and more on Q2 earnings call Spotify's Daniel Ek says his business aims to improve the wellbeing of the entire music industry
News US court orders Utopia Music to pay $1.9M to former owners of Lyric Financial The financially troubled music company had failed to make the final payment on its acquisition of Lyric Financial
News AccuRadio CEO responds to SoundExchange lawsuit, claims to have paid $12.5m+ in royalties to date SoundExchange filed a lawsuit against US-based internet radio service AccuRadio to recover unpaid royalties
Analysis News Germany’s recorded music business generated $1.2bn in the first half of 2024, up 7.6% YoY Germany-based music industry association BVMI has published the market's H1 numbers
News Warner Chappell Music inks publishing deal with Salaam Remi’s Analog Metaverse Collaboration will see WCM jointly administer the majority of Analog Metaverse’s music catalog
News Indie music labels form ORCA, a think tank for ‘recorded culture and arts’ ORCA's goal is to equip policymakers, business leaders, and communities with a deeper understanding of music's significance
News Japan’s Pony Canyon taps Orfium to monetize UGC on YouTube The deal marks Orfium's fourth major partnership in Asia over the past six months
Analysis News Spotify subscriber base grew by 7m to 246m in Q2, as streaming company posts ‘record high’ quarterly profit Spotify posted an operating income of €266 million (USD $286.402m ) in Q2
News Kakao’s billionaire founder arrested in stock manipulation probe related to SM stake buy The arrest jeopardizes the future plans of Kakao, one of South Korea's most prominent tech giants
News Sony’s $600m Michael Jackson deal just took a big step forward in court Sony's deal to acquire a 50% stake in Michael Jackson's publishing and recorded catalogs has cleared a major hurdle
News 14 NBA teams sued for copyright infringement over alleged use of music in social media posts without permission The lawsuits target 14 teams, including the New York Knicks, Orlando Magic, Cleveland Cavaliers and Indiana Pacers, among others
News SoundExchange sues AccuRadio over alleged unpaid royalties owed to artists and rightsholders 'AccuRadio has directly harmed creators over the years by refusing to pay royalties for the use of protected recordings.'
Interviews ‘Labels owning masters in perpetuity is criminal, quite frankly.’ Jungle manager Sam Denniston offers his thoughts on dinosaur record deals, TikTok, AI, going easy on DSPs and how his own neurological condition has and hasn’t impacted his career…