News BMI to slash ‘just under 10%’ of total workforce News comes just over a week after it was reported that BMI had scrapped a planned multi-billion dollar company sale
News Canada-based fund buys Albert Grossman’s commission rights to Janis Joplin, Gordon Lightfoot recordings Canada-based fund was formed through a partnership between ICM Asset Management and Crescendo Royalty Corporation in 2020
Analysis News Apple’s Shazam surpasses 70bn song recognitions Timeline of key milestones and stats released by Apple for its song recognition app, Shazam
News Concord on board as A&R Awards sponsor Global indie will sponsor Pop/R&B category at this year's A&R Awards
News From TikTok’s music patent to BMI scrapping sale plans… it’s MBW’s Weekly Round-Up Our biggest stories of the week, brought to you in association with Centtrip
News NetEase Cloud Music added 872,000 paying subs in Q2, far less than Tencent Music’s 2.5m NCM and TME combined grew by fewer subs than Spotify in Q2
News Glassnote hires Alison Dannenberg Frost as Head of Sync and Licensing Alison Dannenberg Frost joins indie label, Glassnote Records, as Head of Sync and Licensing. She will work out of their Los Angeles office.
News Kobalt to launch NFT collection, becoming ‘first global music publisher to release a set of fully licensed direct-to-fan NFTs’ Music lyric NFT collection is called An Electro Revival, in collaboration with Ghanaian visual artist, Afroscope
News Allison Hamamura to head ONErpm’s Los Angeles office as GM ONErpm has also promoted Los Angeles-based Joseph Aldulaimi to VP of A&R
Analysis News Beggars Group profits jumped 55% in 2021, as US rights to Adele’s first 3 albums reverted back to XL Recordings UK-based company turned over GBP £80 million last year
Analysis News As new Shazam charts launch in 17 countries including Nigeria and Ghana, Apple Music hails app’s role in discovery of African music globally Shazam was acquired by Apple for $400 million in 2018
Analysis How artists are exploiting lax metadata protections by streaming services What if tagging the wrong artist pages on DSPs wasn't just a headache to resolve, but also a money-making scheme?
News Swizz Beatz and Timbaland hit Triller with $28m lawsuit over alleged missing Verzuz payments Livestreamed beat battle event was acquired by Triller in January 2021
News Sony Music Publishing opens Nigeria office, appoints Godwin Tom as MD Exec was most recently CEO of talent management company iManage Africa
Interviews ‘Artists know best. Trust them and they will usually steer you in the right direction.’ Jacqueline Saturn discusses her ambitions for Virgin Music Label & Artist Services, lessons learned across her career, the evolution of the distribution space and much more besides.
News MONSTA X, Exo’s Kai to headline ‘what may be the biggest K-Pop event in US history’ Show is co-hosted by KAMP and Eventim Live Asia
News Americans spend 60% of entertainment time on ad-filled platforms, new study finds New study was released by US market monitor Luminate (formerly MRC Data / Nielsen Music) Tuesday (August 16)
News Warner Recorded Music strikes global joint venture with Lee Daniels Music Agreement encompasses recorded music projects, including soundtracks, as well as artist signings