Older Posts

Warner expands distribution deal with India’s Tips Industries, amid ongoing South Asian music boom

Warner's new deal with Tips will include the Indian film production and music company's entire repertoire

Over 38% of music on TikTok is ‘modified’, says study that analyzed 100 million audio tracks on the platform

Either pitch or speed of these tracks were altered, according to Pex data

The UK music industry’s next milestone and how we get there

MBW Views is a series of op/eds from eminent music industry people… with something to say. The following comes from Kim Bayley, CEO of the UK's digital entertainment and retail association ERA.

News

NetEase Cloud Music reports first-ever full-year net profit as paid music subscribers jump 15.3% to 44.1m

Revenues from music services umped 17.6% year-over-year in 2023, the company said in its latest earnings report

News

UK recorded music revenues hit $2.76 billion annually, finally beating previous 2001 high

It has taken more than two decades for recorded music revenues to recover from the digital piracy slump, and that's not adjusting for inflation

News

Experience commerce platform Easol, which has raised $30M in funding, opens first US office

Easol aims to simplify e-commerce for experiential retailers such as festivals and tour operators

News

ASCAP doubles down on non-profit model after paying out record $1.59bn to songwriters and publishers in 2023

Over 960,000 members contribute to ASCAP's musical catalog, which includes artists like Beyoncé, Billy Joel, Cardi B, and more

News

Sony Music UK promotes Damaris Rex-Taylor to Managing Director, RCA Records UK

At RCA UK, Rex-Taylor has guided campaigns for artists such as Tyla, Travis Scott, Cat Burns, Miley Cyrus, and newcomer Myles Smith

News

Cyndi Lauper sells publishing catalog and master recording revenue to Pophouse Entertainment, the company behind ABBA Voyage

Deal marks Pophouse’s first acquisition from a US artist

News

Bella Figura appoints Billy Millar as SVP of Creative, Chris Presland as Catalog Project Manager

Millar has previously held prominent roles at BMG and Hipgnosis, while Presland comes to Bella Figura from AWAL

Analysis

So… maybe don’t bet your house on Universal Music Group and TikTok reaching a deal anytime soon

UMG and Sir Lucian Grainge today doubled down on their borderline disgust with the licensing offer/s they've received from TikTok in recent months

Analysis News

Universal Music Group generated over $1 billion per month on average in 2023

MBW crunches the numbers from UMG's latest quarterly earnings announcement

News

Deezer CEO Jeronimo Folgueira exits

Folgueira will continue to fulfill his duties as CEO until his departure at the end of March 2024

News

Universal Music Group confirms cost-saving ‘redesign’, including layoffs, that will save $270m a year

UMG EVP, Boyd Muir, confirms that UMG needs to cut costs to hit the mid-20s EBITDA margin target it promised investors

News

Marian Wolf promoted to lead Publishing business in North America at BMG amid increased focus on US market

Wolf has been influential in the signing and renewal of significant BMG publishing clients, including George Harrison, Jennifer Lopez and Riot Games

News

HarbourView Equity Partners acquires ‘select songwriting and publishing assets’ from Hip-Hop/R&B group Full Force

The six-person collective has created music for the likes of Rihanna, Justin Timberlake, N'Sync, UTFO, Britney Spears, James Brown and Black Eyed Peas

Interviews

‘Country Music is having the moment we all know it deserved for a long time.’

MBW's Trailblazers meets Barry Daffurn, President and Co-Founder of Los Angeles-headquartered music label, distribution, and rights management company, Cinq Music Group

News

Viberate publishes research on how music industry professionals, including A&Rs, use streaming services for artist discovery

Music data company unveils new research results focused on the use (and usefulness) of streaming platforms by A&Rs