News Clive Fisher, former Universal Music EVP, dies aged 71; Sir Lucian Grainge leads tributes to exec ‘who loved people’ Fisher spent 33 years in total at Universal Music UK, before continuing to contribute as an adviser to key execs
News ONErpm expands in Asia, launching six new offices and hiring territory directors New branches are located in the Philippines, Malaysia, Greater China, Indonesia, Thailand, and Vietnam
News From Concord’s $468.8m Round Hill deal to Universal and Deezer’s new artist-centric model… it’s MBW’s Weekly Round-Up The five biggest stories to hit our headlines over the past seven days
News Redeye, distribution partner of Beggars, Domino and other leading indie labels, acquired by Exceleration Music Independent digital and physical distribution/services company Redeye has been acquired by Exceleration Music for an undisclosed sum
News Concord set to buy Round Hill’s UK-listed royalty fund in a huge $468.8m deal Under the terms of the acquisition, Round Hill's shareholders will receive USD $1.15 per share in cash.
News Responsibility for AI copyright infringement rests with platforms, and 3 other things we learned from Robert Kyncl’s Goldman Sachs interview Warner Music Group's CEO participated in a Q&A session on Wednesday (September 6) at Goldman Sachs’ Communacopia + Technology Conference in San Francisco
Analysis News JP Morgan says Universal’s ‘artist-centric’ model will bring a 9% revenue increase to major labels. No wonder it’s just increased its price target for UMG. Deezer this week revealed it has struck an agreement to start paying UMG's artists via an 'artist centric' model
Analysis News Why Goldman Sachs believes that Spotify will remain the world’s dominant music streaming service in 2030 How much longer can Spotify hold on to its position as the world's biggest music streaming provider in terms of global paid-for subscriptions?
News UMG: ‘Artist-centric’ payments on Deezer can’t exceed 100% of platform’s royalty pool New model will ape streaming's pro-rata model, with a finite pool of royalties divided by market share
News Lin-Manuel Miranda named top artist-songwriter in Q2 2023 on the NMPA Gold & Platinum Program (based on RIAA Certifications) Ashley Gorley claimed the title of the top non-performing songwriter on the NMPA’s Gold & Platinum Program
News Rimas Publishing partners with music metadata firm Muso.AI Partnership sees Muso.AI expand into the Latin music market
News Spotify CEO-backed VC firm Air Street Capital raises $121m to invest in AI startups Daniel Ek has previously invested in the VC via his investment vehicle Prima Materia
News One Media iP acquires ‘licensor’s income share’ of Entertain Me catalog Catalog includes songs by Louis Armstrong and James Brown
News Hipgnosis announced as first category sponsor for the 2023 A&R Awards The countdown to this year's big night has begun
Analysis News On… Deezer nuzzling up to Universal’s ‘artist-centric’ model, a potential mass deletion, and a controversial tweak (update) It's been a big day in the music business – and it's raised a lot of possibilities...
Analysis News Who owns Deezer today? Access Industries is Deezer's biggest shareholder, with ownership of over a third of the company
News SM Entertainment artists including EXO, Red Velvet and aespa to join HYBE’s superfan app Weverse next week SM Entertainment artists will officially be joining Weverse on September 12
News Spotify tests restricting lyrics access to Premium subscribers (report) Music streaming giant Spotify tests making lyrics a premium-only feature