News Hipgnosis exec Tony Barnes named as co-founder of metaverse startup Karta Karta is a metaverse studio that offers in-game experiential marketing for musicians, brands and sports teams
News Arica Ng appointed President, Asia Pacific at Warner Chappell Music Exec will be based in Hong Kong, reporting to Guy Moot, Co-Chair and CEO of WCM
News Universal buys classical label Hyperion, four months after launching its own classical music service via Deutsche Grammophon Hyperion was founded in the UK in 1980 by the late Ted Perry MBE.
News Eric Levin, long-time Warner Music Group CFO, to retire later this year Levin, who joined WMG in 2014, will help Robert Kyncl search for his successor
News SESAC Music Group acquires distribution and content delivery platform AudioSalad AudioSalad has over 16 million audio and video assets under management
News Mark Zuckerberg’s Meta to lay off 10,000 more employees in company’s ‘Year of Efficiency’ News was shared by Meta's founder and CEO in a letter to staff on Tuesday, March 14
Analysis News HYBE’s not the only K-pop giant eyeing the US: SM Entertainment plans $150m Stateside acquisition to speed up global expansion Over the weekend, HYBE officially ceased its attempt to acquire a 40% stake in SM Entertainment.
Analysis News Spotify’s mission statement is preposterous. Its latest announcements prove it. Drilling behind the numbers released by Spotify last week, to discover the hard truth
Interviews News Warner Chappell expands JV with Sweden-based Lilly Raye Music, strikes new partnerships with Tommy Brown, Parx Publishing Lilly Raye Music is a management company and publisher founded by US music executive Edward Matthew
News Having already spent $100m on music rights, Pythagoras buys Barton Music publishing catalog, including songs performed by Frank Sinatra Pythagoras Music Fund buys publishing rights of Barton Music and its affiliated catalogs
News Chrysalis Records signs global distribution deal with Secretly Distribution Deal covers all physical and digital distribution for the label’s frontline releases
News Warner Records launches flagship dance music label Major Recordings, led by Sam Mobarek Label's first signing is dance duo PARISI
News Spain-based Larrosa Music Group raises $16m to buy Spanish-language catalogs Company says the investment 'was led by investors from the United States and Spain'
News HYBE pulls out of bid to acquire 40% stake in SM Entertainment: ‘The market has been showing signs of overheating due to our competition with Kakao.’ It's the end of the road for HYBE's ambition to buy up a large stake in one of its biggest K-pop rivals
News From Larry Jackson’s $1bn-backed gamma to the US recorded music industry’s $15.9bn in 2022… it’s MBW’s Weekly Round-Up The biggest stories on MBW from the past seven days
News Snoop Dogg returns Death Row catalog to streaming services, label to sign new artists in partnership with Larry Jackson’s gamma gamma and Snoop Dogg sign long-term licensing deal for exclusive rights to market and distribute Death Row Records Catalog
Analysis Blog Droppings: When record labels say goodbye to failing music Eamonn Forde on how labels calculate and justify the cutting of ties with artists
News Kobalt founder Willard Ahdritz leads seven-figure investment round in artist marketing platform un:hurd Self-serve marketing platform also attracts investment from Musiio founder, amongst others