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Warner Records launches flagship dance music label Major Recordings, led by Sam Mobarek

Label's first signing is dance duo PARISI

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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'

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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

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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

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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

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Song data startup Session, founded by Max Martin, ABBA’s Björn Ulvaeus, and Niclas Molinder, acquired by royalty platform Salt

Björn Ulvaeus will join Salt’s board

Analysis News

Universal’s music catalog spending has shrunk dramatically over the past two years. Why?

A dive into the reasons why Universal's spending on catalog rights has reduced by 61 percent since its 2020 billion-dollar splurge

Interviews

‘We’re in a renaissance for creativity. The things creators will be able to do tomorrow, they cannot do today.’

Splice CEO Kakul Srivastava on her ambitions for Splice, predictions for the music creator space, and her forecast for the impact AI will have on the music industry...

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Spotify doubles down on short-form video content with new ‘Clips’ feature

Spotify Clips lets artists add videos of up to 30 seconds long to their artist profiles

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The Orchard acquires dance and electronic music distribution company Above Board

London-based Above Board was founded by Dan Hill in 2007

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Eliah Seton named CEO of SoundCloud

Seton succeeds Michael Weissman who joined SoundCloud in 2017, has served as CEO since 2021 and is "departing for a new opportunity," according to the company

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