News PRS for Music announces additional $7.7m in annual payouts to songwriters, reveals four newly-elected Council Members at AGM The UK-based CMO is reducing its administration rate on multi-territory online collections
News Live Nation slams AEG boss’s ‘self-serving arguments’ over DoJ investigation In a memo obtained by MBW, AEG Presents Chairman and CEO Jay Marciano referred to Live Nation and its ticketing division Ticketmaster as a 'monopoly'
News PRS Foundation announces 28 recipients of PPL Momentum Music Fund Since its launch in 2013, the PPL Momentum Music Fund has awarded over £5.2 million ($6.7 million) to artists across the UK
News Downtown Artist & Label Services partners with SymphonyOS to offer AI-powered marketing tools at a discount Downtown joins a growing list of SymphonyOS partners, including CD Baby and UnitedMasters
News ByteDance appoints ex-Warner Bros. lawyer John Rogovin as Global General Counsel Rogovin's appointment comes as TikTok fights the US government over the new 'divest-or-ban' law
News Lee Anderson appointed President of Wasserman’s music division Anderson has played a key role in Wasserman Music's development since its launch in 2021
Analysis Hipgnosis Songs Fund’s catalog turned out to be worth more than a lot of people thought. In light of Blackstone's latest bid, MBW crunches the numbers on what HSF spent on assets... and what they're worth now
News Chris Taylor resigns as CEO of MNRK Music Group; Sean Stevenson to lead company Stevenson to lead the company as of July 1, 2024
News Federica Tremolada promoted to General Manager for Europe at Spotify, as Michael Krause exits after 7 years Krause joined Spotify in October 2017
News Universal Music Group forms UMG Global Impact Team led by Susan Mazo New team will 'enact and amplify the company’s vision for positive change through community engagement, environmental sustainability, events and special projects'.
News Spotify hikes prices for Premium subscribers in the US… again Spotify is upping the price of its Premium subscription in the United States to $11.99
News Rick Gleave quietly leaves Tuned Global, forms Music Foundry consultancy with two other music execs The consultancy aims to meet the growing demand for business advisory support from the expanding music technology sector
News Joanna Kalli elevated to Managing Director, Commercial Group, at Sony Music UK The promotion comes as Sony Music's catalog continues to expand, including potentially with the addition of rock legends Queen
News Tencent, Tencent Music to buy 10% stake in Thailand’s IPO-bound GMM Music for $70m GMM Music is bullish that the partnership with Tencent and TME will make a “fandom economy possible”
News AEG CEO Jay Marciano labels Live Nation/Ticketmaster a ‘monopoly,’ asserts DOJ will win lawsuit “While it may take some time, we strongly believe that DOJ’s lawsuit will succeed and ultimately bring sweeping changes"
Analysis News From Sony Music’s reported Queen catalog talks to Live Nation’s DoJ battle… it’s MBW’s Weekly Round-Up The five biggest stories to hit our headlines over the past seven days…
News HYBE can’t remove NewJeans label CEO Min Hee-jin… for now The latest developments in the power struggle between Ador's CEO and HYBE
News Reservoir reports double-digit revenue jump in latest fiscal year, to $144.9m The company is forecasting continued growth, though at a somewhat slower pace, in the coming year