News Atlantic Music Group makes around two dozen layoffs to ‘achieve maximum impact’ for its artists News was announced in a memo sent by Atlantic Music Group Chairman and CEO, Julie Greenwald
News Artist marketing platform un:hurd raises new six-figure funding round from investors including Willard Ahdritz, Mr Eazi and more The company is rolling out an AI-driven marketing assistant, a fan hub for building customized websites, and benchmarking tools
Analysis News Warner Music Group is building a superfan app WMG CEO Robert Kyncl revealed the news at the Web Summit tech conference in Doha, Qatar on Tuesday, February 27
Analysis TikTok vs. Universal Music Group: The Cremation of Once-Cuddlesome Relations Surveying the landscape of a battle between music's biggest rightsholder and ByteDance's video juggernaut
News Intergalactic Fantastic Worldwide’s James Fava joins Three Six Zero as Partner Fava joins Three Six Zero while retaining his leadership role at Intergalactic Fantastic Worldwide
News TikTok has ALREADY started removing Universal’s music publishing catalog from its platform This Friday (March 1), TikTok's current license for the Universal Music Publishing Group catalog – spanning some 4 million songs – officially expires
News Sony Music settles copyright dispute with rock musicians including New York Dolls’ David Johansen Details of the settlement were not revealed, in a case that has been ongoing since 2019
News Live Nation among backers of new 12,000-seat, $100m arena in Lagos The $100-million development comes amid a boom in the popularity of West African music
Analysis News TikTok: UMG’s catalog, including publishing, only makes up ‘approximately 30% of popular music on our platform’ It's a surprising claim from the ByteDance company...
Analysis News Live Nation is ‘surprised and thrilled’ its all-in ticket pricing is a success… and 3 other things we learned on the company’s latest earnings call In 2023, stadium shows led Live Nation’s attendance growth, with more than 29 million fans attending stadium shows, an increase of 60% YoY
News Sales from K-Pop stars including Jungkook and Seventeen pushed HYBE’s revenues to over $1.6bn in 2023 South Korea-based entertainment giant HYBE has published its earnings for Q4 and FY 2023
News Miley Cyrus’ Flowers was the biggest-selling single globally last year, according to the IFPI Flowers by Miley Cyrus is the winner of the IFPI Global Single Award for 2023
News Robert Kyncl highlights Warner Music Group’s ‘big ambitions’ for MENA, as WMG signs India-based star Nora Fatehi Fatehi will remain signed to T-Series, the Indian music label and movie studio, for her Bollywood projects.
News Songwriters and publishers to receive nearly $400m payout after streaming royalty ruling in the US The MLC calculates that streaming giants like Spotify, Amazon Music and YouTube, underpaid songwriters and publishers by $419.2 million in 2021-2022
News Audacy secures court approval to emerge from bankruptcy with Soros Fund as top shareholder The second-largest radio broadcaster in the US is working to drastically reduce a $1.9 billion debt
News Universal Music Group buys majority stake in Afrobeats label Mavin TPG has fully exited the business, while Kupanda Capital will a remain minority investor and strategic adviser
News Bauer Media Audio UK names Robert D’Ovidio as Director (Music) Broadcast, On-Demand and Premium D’Ovidio will oversee music content at the company’s radio brands, including Absolute Radio, KISS, Magic Radio, Hits Radio, and Greatest Hits Radio
Analysis News From Universal’s stake in Chord Music to Live Nation’s biggest year ever… it’s MBW’s Weekly Round-Up The five biggest stories to hit our headlines over the past seven days…