News TikTok cuts global revenue target for 2022 by $2bn (report) Company reportedly initially expected revenue to range between $12bn and $14.5bn
News Sound Royalties launches US West Coast unit led by StessCo’s Andrew Stess and David Blutenthal Partnership with StessCo will expand Sound Royalties’ existing team in Los Angeles
News British music industry figure John ‘Knocker’ Knowles passes away, aged 73 Knowles worked with artists including Bob Marley and The Wailers and Chris Rea
News The A&R Awards 2022: All The Winners A big night for the UK music industry, as an array of companies and individuals pick up awards
Analysis News YouTube Music and Premium surpass 80m paid subscribers That subscriber figure marks a 30 million increase on the last subscriber figure
News Craig ‘Big C’ Mannix promoted to Vice President, Black Music at Universal Music Canada 'Craig’s impact on UMC has been immeasurable,' said Jeffrey Remedios, Chairman & CEO, Universal Music Canada
Analysis News Bad Bunny is Apple Music’s Artist of the Year for 2022 Fouth album Un Verano Sin Ti is the platform's most streamed album of 2022
News Maria Garrido named Chief Marketing Officer Officer at Deezer Exec to be based in Paris, reporting directly to CEO Jeronimo Folgueira
News Mark Zuckerberg makes 11,000 layoffs at Meta Move was announced by Zuckerberg on Wednesday, November 9
Analysis News Labels asking TikTok for share of ad revenue in new deal talks (report) Bloomberg reports that the three majors are asking TikTok for a share of ad revenues in talks for new deals
Analysis News Reservoir Media revenues grow 10% YoY to $33.3m in calendar Q3 Company has published new investor filings for the three months to end of September
News Kuke, a classical music platform from China, is at risk of being delisted from the NYSE Kuke launched its US listing in January 2021, raising $50m
News Snoop Dogg signs with talent agency WME for representation in all areas 'WME is the only place that can handle the career I’ve built and grow it even further,' Snoop Dogg said
News Ex-TikTok exec Mary Rahmani’s Moon Projects forms publishing JV with Warner Chappell Moon Projects was founded in 2021
News Universal lands exclusive global publishing deal with China’s RYCE spanning 700+ songs Deal also includes 'expansive' K-Pop song catalog rights across greater China region
Analysis News Elon Musk says Twitter will soon ‘share revenue with content creators’. Will that include music? Musk says Twitter is planning to host its own longer-form video content – and share revenue with creators
News Providence makes strategic investment in talent agency Wasserman Wasserman Founder Casey Wasserman will continue to retain a controlling stake
News Voly Music completes stellar line-up of category sponsors at A&R Awards Finance management company supports Major Label of the Year battle