News Over 145m fans attended 50,000+ Live Nation events in 2023, with company’s FY revenues up 36% YoY to $22.7bn in its ‘biggest year ever’ Concert giant publishes its Q4 and FY 2023 financial results
News TikTok’s Global Head of Music Operations, Paul Hourican, exits The London-based exec joined the business in November 2019 as Head of Music Operations, UK & EU
Analysis News Reservoir has spent nearly $1B on acquisitions and signings, and 5 other things we learned from its latest investor factsheet Reservoir Media has clocked yet another year of strong growth, with revenues up 14.6% YoY in calendar year 2023
News TikTok’s ‘Add To Music App’ feature is rolling out in another 163 countries Despite its ongoing spat with Universal, TikTok is undeterred in its push to capitalize on the popularity of music on its platform
News Apple Music introduces monthly version of year-end ‘Replay’ feature By offering a more frequent and personalized version of Replay, Apple Music aims to capture a larger share of the market
News Thomas Jamois appointed Managing Director of Wise Music France Jamois will spearhead the management of all office operations and French publishing houses under the Wise Music umbrella
News Atlantic Records UK launches EYC Records JV with marketing agency EYC LTD JV will work on 'cutting-edge content-creator marketing'
News Good Neighbours might be the hottest new independent band in the world right now – and the major labels know it. MBW's sources suggest this one is moving fast, with many sides keen to make a swift and potentially substantial deal
Analysis News Universal Music Group is acquiring a stake in Complex – via a takeover focused on ‘superfans’ and e-commerce Earlier this month, Robert Kyncl, CEO of Warner Music Group, confirmed that WMG is in active discussions to sell two of Complex's long-time rivals
News Catch Point is offering upfront cash payments to acquire songwriters’ PRO income streams Catch Point has previously acquired interests in thousands of sound recordings publishing rights since it launched in 2020
News Spotify launches music advisory agency for brands, led by former FIFA Global Marketing Director Jean-François Pathy 'Spotify AUX will broaden the opportunities available to artists,' said Pathy
News Position Music acquires part of catalog of DJ and producer Gesaffelstein The deal includes the publishing rights to Gesaffelstein's catalog prior to his signing with Sony Music Publishing
News Taylor Swift was the biggest-selling recording artist globally in 2023 – for the second consecutive year and the fourth time to date Taylor Swift has been crowned as IFPI‘s Global Recording Artist Of The Year for 2023
News Tim Glover appointed President of A&R at Pulse Records Glover comes to Pulse Records from Interscope Geffen A&M, where he served as Executive VP, A&R
News Warner’s ADA Worldwide signs global distribution deal with South Coast Music Group South Coast Music Group was founded by industry veteran Arnold Taylor
News Electronica publisher Random Noize Musick inks administration deal with Wise Music Group’s Bosworth Music Random Noize boasts a catalog of electronic music subgenres, featuring artists like Apparat and Moderat
Analysis 3 observations on… Universal Music Group’s $240m bet on Chord Music (and the real story, Dundee Partners) Looking underneath the hood of today's big story in the music business
News Believe praises TikTok, says platform offers ‘valuable monetization for our artists and labels’ Denis Ladegaillerie, founder and CEO of Believe, makes statement in reaction to UMG and ByteDance's public falling-out