News MBW+, a new Premium offering from Music Business Worldwide, is launching on Wednesday. This code gets you 25% off your first year. Only MBW+ subscribers will have unlimited access to Music Business Worldwide analysis and data
Analysis News Deezer added 600,000 new subscribers in Q3, and its revenues rose 5.5% YoY Deezer has published its financial results for the third quarter of 2023
News Mike Caren joins Futureverse AI text-to-music venture JEN as a founding Partner Futureverse raised $54m in a series A funding round this summer from backers including 10T Holdings and Ripple
News Abbey Road Studios to host third Abbey Road Amplify event The event will also be live-streamed on the Abbey Road Studios website
News Caron Veazey joins Three Six Zero’s management/entertainment partnership unit as Partner Veazey brings to the partnership METTE, a new talent fresh from the launch of her EP, METTENARRATIVE (Since 93/RCA).
News BMG, following ‘more efficient and more effective’ strategy under new CEO Thomas Coesfeld, reorganizes structure; around 40 staff cut MBW obtains internal note that confirms a range of changes at Bertelsmann-owned company
News From Spotify changing its royalty model to Universal’s $3bn in Q3… it’s MBW’s Weekly Round-Up The five biggest stories to hit our headlines over the past seven days
Analysis Hipgnosis Songs Fund has been left concussed by ‘discontinuation’. But with a seemingly rock solid ‘call option’, Merck Mercuriadis still holds all the cards. On: Hipgnosis Songs Fund, the all important 'call option', Blackstone, and the most likely outcome of this week's mess
News PRS For Music sponsors Pop category at the nearly-here A&R Awards Royalty collection/distribution giant supports hyper-competitive category at imminent big night
News The Beatles’ last song ‘Now and Then’ to be released November 2 Paul McCartney and Ringo Starr relied on AI tech to salvage the song that John Lennon wrote and recorded as a demo in 1978
Analysis News Universal Music revenues hit $3bn in Q3, driven by sales from superstars like Olivia Rodrigo and Taylor Swift Universal Music Group has published its financial results for Q3 2023
News PRS for Music’s latest quarterly distribution was $288.7m, its ‘largest single royalty payment’ to date The figure represents a 13% jump compared to last year’s October distribution
News YouTube Music introduces customized AI-generated playlist art Platform unveils experimental feature that lets users create personalized playlist art using artificial intelligence
News Brazilian authorities take down illegal file-sharing site FileWarez in win for record companies At its peak, the platform boasted over 118,000 registered users
Analysis News Global songwriter royalty collections hit $11.35bn in 2022 – with Latin America revenues up 64.9% YoY Publisher and songwriter royalties collected globally grew 28% YoY in 2022
News Daniel Ek just banked $64M selling Spotify shares – three months after he banked $100M doing the same thing Ek offloads 400,000 shares the day after his company's latest quarterly earnings in the US
News Paul Burger and Andrew Wilkinson resign as Hipgnosis Songs Fund non-exec directors ahead of tomorrow’s continuation vote The comes in the same month that HSF confirmed the Chairman of its current board, Andrew Sutch, will step down from his role
Analysis Spotify is embracing elements of Universal Music Group’s ‘artist-centric’ royalties model – following a new multi-year licensing deal between UMG and Daniel Ek’s platform Spotify's plans fit with the broad hopes of Sir Lucian Grainge's wishes as outlined at the start of 2023