News Web3 music platform Public Pressure’s first NFT project rakes in $2m ‘within days’ of release NFT collection comprised 3,333 limited edition NFTs that were sold for a fixed price of $600 apiece
News Song data startup Session, co-founded by Max Martin, ABBA’s Björn Ulvaeus, Niclas Molinder, partners with Brazil collection society UBC UBC represents more than 50,000 members
News Silvia Montello appointed CEO of the UK’s Association of Independent Music Montello replaces Paul Pacifico
News Warner partners with e-commerce platform LGND.io and blockchain firm Polygon on new collectables platform LGND Music platform to launch in January 2023
News After closing $100m fund, artist funding platform beatBread expands European business, led by industry veteran Mark Terry Terry will lead the company’s expansion in the UK and Continental Europe
News deadmau5 and Richie Hawtin’s metaverse platform PIXELYNX acquired by Animoca Brands Investment follows recent reports that Animoca is launching a $2 billion metaverse fund for developers
News Dipesh Parmar named President of Columbia Records UK, Amy Wheatley appointed MD at Sony-owned label Ministry Of Sound becomes a subsidiary of Columbia Records UK as a result of the moves
News BMG acquires music interests of ‘Driving Home For Christmas’ singer-songwriter Chris Rea Deal includes his royalty interests in 17 studio albums
News SoundCloud enters artist development JV with Kei Henderson’s Third & Hayden SoundCloud says this new JV is part of its 'roster' business
News VEVO DSCVR Artists To Watch 2023: FLO, GloRilla, piri + tommy, Ayra Starr Introducing the first batch of artists on Vevo's influential Artists To Watch 2023 list
News Taylor Swift fans sue Ticketmaster over The Eras Tour presale Lawsuit alleges that 'Ticketmaster intentionally and knowingly allowed scalpers and bots access' to the presale
Interviews Jay Marciano on streaming, Coachella, macro-economics – and why ‘everyone’s a genius in a bull market’ The AEG Presents boss discusses the future for the live business in the face of a potential recessionary year for the wider world
News Warner’s WMX expands into connected-TV space with three music channels on Roku Channel The new are channels are WMX Pop, WMX Rock, and WMX Hip-Hop
News SiriusXM explores job cuts on slowing revenue growth (Report) Firm warned of potential job cuts in a November 28 town hall with employees, according to Bloomberg
News SM Entertainment to establish Southeast Asian HQ in Singapore The plan was confirmed by the entertainment firm to CNBC on December 1
Analysis News From Bad Bunny’s 18.5bn Spotify streams to Universal acquiring a 49% stake in [PIAS]… it’s MBW’s Weekly Round-Up Our biggest stories of the week, brought to you in association with Centtrip
News Now Triller says it’s exploring revenue share deals with major labels (while being sued by Sony) Triller spokesperson responds to news of labels' music being removed from service and reveals revenue share plans
Analysis News In 2021, Bad Bunny was the world’s biggest artist on Spotify with 9bn streams. This year, he doubled that tally. Bad Bunny received more than 18.5 billion streams this year