Analysis News African music service Mdundo’s monthly active users reach 21.5m, up 107% YoY Mdundo has published its quarterly report for calendar Q3 2022
Analysis News Positive sign for music publishing’s health, as UK collection society PRS announces its biggest payout in 108 years A GBP £211 million royalty distribution to PRS's members represented an 18% year-over-year increase of £32.5 million, said the org
News Management Company category sponsored by Centtrip at A&R Awards Global fintech company continues long-term support for prestigious category at next month's big event
News Warner Music acquires stake in Serbian record label, Mascom Records Company acts as Warner Music’s local distributor
Analysis News With revenues of $510m in H1, Latin Music is still on course to generate $1 billion in the US this year According to new mid-year data released by the RIAA, on a retail basis, Latin Music revenues grew 23% in the US in H1 2022
News PPL announced as A&R Administrator of the Year sponsor at November’s A&R Awards UK licensing company joins growing band of big-name sponsors backing industry's most enjoyable night out
News Pink Floyd’s $500m catalog auction delayed due to band ‘infighting’ (report) Catalog auction process is reportedly in limbo
News Warner is looking for an exec with gaming experience to lead its Metaverse strategy Company is hiring for a Senior Director, Metaverse Development in New York
News Sound Royalties expands into Canada, with Vanessa Thomas named head of operations for the market Sound Royalties was acquired by Cinq Music Group parent GoDigital Media Group (GDMG) last year
Analysis News Deezer targets annual revenues of €1bn by 2025 Streaming company details growth strategy at investor day in London
News Spotify, BandLab, YouTube Music and more to speak at Music Tectonics conference in Los Angeles later this month Fourth annual edition of Santa Monica-based conference kicks off on October 25
Analysis News From Primary Wave’s $2bn deal to the 100,000 tracks uploaded to streaming services each day… it’s MBW’s Weekly Round-Up Our biggest stories of the week, brought to you in association with Centtrip
News Janelle Mitchell named as latest Richard Antwi Scholar Mitchell becomes fifth scholarship recipient
Analysis News It’s happened: 100,000 tracks are now being uploaded to streaming services like Spotify each day Figure confirmed by both Universal and Warner bosses – but who, exactly, is it benefitting?
Analysis News Watch out Spotify: Multiple verified ‘TikTok Music’ Twitter accounts hint at pending global launch At least six verified Twitter accounts for ‘TikTok Music’ have popped up for multiple global markets
News Meta offers royalty-free music library to Instagram Reels advertisers Meta says it saw an over 30% increase in the time people spent engaging with reels on Facebook and Instagram in Q2
News 88Rising and Epidemic Sound investor, Atwater, secures backing from Goldman, KKR for new fund, with $100m capital committed so far Founded by Vania Schlogel in 2017, Atwater invests exclusively in the media and entertainment sectors
News Michael Jackson Estate and Sony Music team up for ‘revelatory’ new Thriller documentary Thriller remains the biggest-selling album of all time