Analysis News Why ingesting 100,000 tracks a day may not prove sustainable for Spotify’s business in the long-term. Why it's worth keeping an eye on Spotify's hosting costs as over 100k tracks a day hit streaming platforms
News Warner, Sony, Universal, BMG, Kobalt and more sign joint letter calling for end to use of rap lyrics as evidence Signatories urge legislators across America to limit how creative expression can be used against defendants on trial
News Paul Pacifico to join Saudi Music Commission as Chief Executive Officer He most recently served as CEO of the UK's Association of Independent Music (AIM),
News Warner Chappell renews global deal with South Korea-based publisher 153/Joombas Company's catalog includes songs written for K-Pop stars like BTS, EXO, aespa, Monsta X and NCT DREAM
News Primary Wave buys catalog of US rock band Huey Lewis and The News for $20m Deal encompasses band’s entire commercially released music catalog from inception through 1994
Analysis News Amazon expands Prime member music access to catalog of 100m songs Catalog access increases from 2m to 100m songs for Prime members
News Abbey Road Studios to host free 3 day festival with masterclasses for artists, producers and composers next week Attendance to this year’s event in London next week is free by entering a ballot
News Vevo showcases 20 possible stars of 2023 with its latest Artists To Watch list New batch of Next Big Things will be featured across the music video giant's network
Analysis News Sony generated $2.15bn from recorded music and publishing in calendar Q3 – up 16.4% year-on-year Beyoncé's RENAISSANCE was Sony Music's biggest-selling recorded music project in calendar Q3 2022
Analysis News Sir Lucian Grainge on the dilution of the majors’ music on streaming platforms, TikTok’s future and more Grainge participated in a Q&A on Universal Music Group's Q3 earnings call last week
News Concord unveils new logo, expands global HQ in Nashville Company announces 8,300 sq. ft. expansion of its second-floor offices
News Tracks from Taylor Swift’s Midnights just claimed the entire Top 10 of the Billboard Hot 100 Anti-Hero was the biggest track from the album in its first week
News Mike Caren’s APG makes string of executive hires and promotions Brett Copell upped to SVP for Legal & Business Affairs; Alexis Warner promoted to Marketing Director; Sebastien Christie hired as Sr. Director of A&R Administration and Jesse Wylde as Sr. Director, Artist & Business Development.
News Ron Stewart promoted to SVP of Urban Promotion at Warner Records Cory Sparks also joins the label as VP of Urban Promotion
News Reservoir strikes deal with Grammy Award-winning artist KayGee, including entire catalog and future works KayGee is a founding member of Grammy-winning hip-hop trio Naughty By Nature.
News Deezer revenues grow 13.8% YoY in Q3, but total subscribers fall 2.5% to 9.4m Streaming company publishes results for Q3 2022
Analysis News From UMG’s 13.3% YoY revenue growth in Q3 to Spotify’s 7m new subscribers… it’s MBW’s Weekly Round-Up Our biggest stories of the week, brought to you in association with Centtrip
Analysis News Taylor Swift’s Midnights (3am Edition) has generated over $1.3m in sales on Tencent’s QQ Music in China Midnights continues to perform well in China