Analysis Goldman Sachs predicted the global recorded music biz would generate $27.9bn in 2022. It didn’t. Here’s why. We're sorry. We're going to talk currency models. It's kinda important.
News Live Nation acquires Hong Kong-based festival promoter Clockenflap Most recent edition of the company's flagship festival featured artists including Arctic Monkeys and Wu-Tang Clan
Interviews ‘Every artist, no matter how big they are, should have access to the same tools that any big company has.’ How Feature.fm's marketing tools can help artists use viral TikTok moments to grow their streaming audience
News TikTok CEO: ‘Almost half’ of US population uses the app, and a ban would ‘damage’ the country’s economy TikTok now has 150 million users in the US, up from 100 million it said it had in 2020
Interviews ‘I think I screamed, ‘F*** yeah!’, which may not have been the most appropriate thing to do.’ Ben Persky and Mason Klein, co-founders of Mixed Management, discuss their journey to Grammy success with Tobias Jesso Jr
News Tencent Music Entertainment had 88.5m paying users at the end of 2022, up 16.1% YoY Tencent Music Entertainment Group has published its financial results for Q4 and the full year, ended December 31, 2022
News Twitch cuts over 400 roles amid widespread layoffs at parent company Amazon Amazon announced another 9,000 job cuts this week
Analysis Blog gamma, Downtown, Utopia, and the rise of the ‘Inside-Out Majors’ The following op/ed comes from UK-based Hunter Giles (pictured inset), who co-founded and leads Infinite Catalog, a royalty accounting software + service company.
Analysis News Fewer DIY artists generated over $10k on Spotify in 2022 than they did in 2021 (according to Spotify’s own figures – update). MBW founder Tim Ingham takes a hard look at Spotify's latest figures regarding independent artists and what they're paid on the platform
Analysis News There were 589m paid streaming users in 2022, driving a 9% rise in global recorded music revenues to $26.2bn Global recorded music body IFPI published its Global Music Report 2023 on Tuesday (March 21)
News Spotify removes catalog of Zee Music, one of India’s largest domestic labels, due to licensing dispute Zee has 93.6 million YouTube subscribers
Analysis Blog ‘Fake streams are nothing new, but the recordings business is only just waking up to the scale of the practice.’ The following op-ed comes from Pascal Bittard, founder of France-based independent distributor IDOL
News Twitter’s music licensing talks hang in the balance after Elon Musk’s takeover (report) The New York Times reports that licensing talks 'stalled' after Elon Musk acquired the social media platform
News Nettwerk secures capital from private equity firm Flexpoint Ford to make catalog acquisitions and invest in artists Company announces "significant structured investment" and strategic partnership with private equity investment firm
News BBC tells staff to delete TikTok after UK bans app on government devices British broadcaster tells employees to uninstall TikTok from their work phones
News Amazon to cut additional 9,000 roles, including positions at Twitch, as tech job cull continues Latest round of layoffs was confirmed by Amazon CEO Andy Jassy on Monday (March 20)
News Warner Chappell launches Limited Edition Music partnership to sign alternative rock, pop, and country songwriters Greg Sowders, WCM’s SVP of A&R and Catalog to lead Limited Edition Music alongside former WCM A&R executive, Marc Wilson
News From Believe’s $800m in annual revenues to HYBE ending its SM Entertainment takeover bid… it’s MBW’s Weekly Round-Up The biggest stories on MBW from the past seven days