News Daniel Ek poured €100m into Helsing AI last year. The startup just partnered with a European arms manufacturer Daniel Ek-backed company strikes strategic partnership with Germany-based automotive and arms manufacturer, Rheinmetall
Analysis News Steve Cooper: Warner Music is becoming less financially dependent on superstar artists – and wants to see ‘regular’ streaming price rises Outgoing Warner boss tackled streaming price rises and more at Goldman Sachs event this week
News Sony Music scores partial victory in copyright infringement lawsuit against Bang Energy Legal action was initiated in August 2021
News Blockchain music making startup Arpeggi Labs raises $5.1m from a16z crypto, Steve Aoki, 3LAU and more Startup claims to be the first blockchain music creation platform
News Mike Hamilton appointed Senior Vice President, Streaming & Commerce at Def Jam Recordings Exec arrives at Def Jam after three years as Senior Director, Commerce, Epic Records
News BMI paid out nearly $1.5 billion to songwriters and publishers in the past year, up 10% YoY Overall revenue (collections) jumped 16%, or by $212 million, to $1.57 billion, the company said Tuesday (September 13).
News Patreon axes 17% of workforce, closes Dublin and Berlin offices The news comes just over a year after Patreon raised $155 million in its series F funding round, boosting its valuation to $4 billion
News Confirmed: Tencent Music to go public in Hong Kong without raising new funds Company confirms news reported earlier this week
News Jennifer Knoepfle joins Universal Music Publishing Group as Executive Vice President and Co-Head of US A&R Knoepfle joins UMPG from Sony Music Publishing, where she was most recently SVP, Creative
News Steven Gringer promoted to Vice President of A&R at PULSE Music Group Gringer was previously Senior Creative Director, PULSE Music Group
Analysis News Tencent Music planning Hong Kong Stock Exchange listing as soon as next week (report) Secondary listing plan comes after TME started trading on the New York Stock Exchange in December 2018
News Troy Carter’s Venice Music opens up to more indie artists with new subscription model Company is opening up its platform to a wider scale of artists through new subscription plans
News Round Hill acquires music royalty interests of legendary producer Bruce Fairbairn He worked with Bon Jovi, Aerosmith, AC/DC, Van Halen and more
News Utopia buys UK physical music distributor Cinram Novum Utopia says the deal saves the UK company from insolvency and secures 300 jobs
News Peloton co-founders John Foley and Hisao Kushi exit; Karen Boone named as new Chairperson of the Board 'Their impact will resonate long after their departure,' Boone said
News Podcast subscription service Podimo raises $58.7m in fresh funding Latest raise follows Podimo's $78 million Series B round in November
News Niels Walboomers appointed President, Records and Publishing, Benelux at Warner Music Group Exec succeeds Martin Jessurun who steps down as President of Warner Music Benelux, and Arno Van Berkel, who exits as MD of Warner Chappell Music Benelux
Interviews Concord turned down a $5bn+ acquisition offer. It explains why – and where it’s going next. Concord CEO, Scott Pascucci, and President, Bob Valentine, map out an "aggressive" next five years for the US company