News Reliance-backed Jio Platforms launches TikTok alternative in India in partnership with Rolling Stone, Creativeland Asia App will go live in January 2023
News Warner Chappell strikes deal with Web3 firm Defient, with plans to launch digital museum for the ‘art and stories of songs’ 'This is a unique opportunity to shape the future of music publishing,' said WCM Co-Chair and CEO Guy Moot and Co-Chair and COO Carianne Marshall
News Ethiopia Habtemariam to step down as Chairwoman and CEO of Motown Habtemariam has spent almost two decades at UMG
Analysis News Concord music rights to fuel $1.65bn Apollo bond offering – report Report marks the latest news about a music company launching bond offerings via securitized royalties from copyrights
News Universal acquires 49% stake in independent music powerhouse [PIAS] Deal follows the formation of a strategic global alliance between the two companies in June 2021
Interviews News Lyor Cohen: ‘The music industry is facing one of our biggest crises to date.’ Cohen argues that YouTube Shorts offers a distinctive difference to the likes of TikTok or Instagram Reels
News UK competition watchdog finds major record labels are not ‘making significant excess profits that could be shared with creators’ Competition and Markets Authority's final report published
Interviews News How $40m-backed Symphonic Distribution plans to be a ‘true alternative’ to traditional labels Founder & CEO Jorge Brea on the challenges in the distribution space and how his company is trying to differentiate itself
News IFPI launches Official MENA chart, with Rema’s ‘Calm Down’ named as first No.1 New singles chart includes music streaming data from Anghami, Apple, Deezer, Spotify and YouTube
Analysis The music industry isn’t ready for the AI revolution. Fruits Music founder, Stef Van Vugt, believes that AI will create a major opportunity for ambitious companies to challenge the majors
News BMG acquires music interests of Eurodance star Haddaway Deal with Haddaway includes his debut single and global hit What Is Love
News Michèle Hamelink promoted to Managing Director of Benelux at Sony Music Publishing Hamelink most recently held the position of Senior A&R, Europe
News Live music promoter DEAG’s Q3 revenue up 72% versus pre-Covid level Company generated $106m in revenue in Q3, accoridng to preliminary earnings results
News Japan’s Avex Group strikes licensing deal with NetEase Cloud Music Deal gives NCM the right to distribute Avex's music catalog in China
Interviews ‘Streaming has unshackled us to compete and unshackled artists to be heard.’ Mom + Pop founders discuss the development of the label and the challenges that come with working in the independent market today
Analysis News From Utopia Music downsizing its workforce to Warner’s $1.5bn in calendar Q3… it’s MBW’s Weekly Round-Up Our biggest stories of the week, brought to you in association with Centtrip
News Utopia Music makes layoffs as it downsizes global workforce MBW understands that Utopia's global team numbers 1,200 people. That figure includes both contractors and around 800 employees.
News BMG buys recordings catalog of German pop-rock band Fools Garden Band's global hit Lemon Tree has sold six million copies