News Tencent Music to work with Billboard in bringing Chinese artists to the global stage Tencent Music Entertainment forges alliance with US music media brand Billboard
Analysis News From Sony Music suing Triller to Utopia raising €300m… it’s MBW’s Weekly Round-Up Our biggest stories of the week, brought to you in association with Centtrip
Analysis Blog India is home to the largest number of YouTube viewers in the world. But the platform’s music chart isn’t without flaws. Amit Gurbaxani investigates why a lyric video with more than 400m views hasn’t charted on YouTube's charts for India
News Phonorecords IV: Music publishers react to US streaming royalty rate rise The headline royalty rate will be set at 15.35% for the years 2023-2027
News Following global success of acts like BTS and BLACKPINK, new fund launches to let investors back K-pop companies "The global market for K-pop is still at an early stage of growth," says Jangwon Lee, CEO of CT Investments
News Firebird takes flight, acquiring a stake in Red Light Management – with more deals on the way Nat Zilkha and Nathan Hubbard are the co-founders of acquisitive, Raine-backed venture, say MBW sources
News Italy’s recorded music revenues grew 18.3% in H1, with Top 10 singles and albums dominated by local acts Italy's recorded music revenues topped €153 million in H1 2022
News The Beatles return North American merchandise rights to Universal’s Bravado Deal reunites legendary band’s merchandise business with their recorded music catalog
News Warner Chappell Music strikes licensing deal with short-form video platform (and TikTok rival) Kuaishou App reports to reach more than 180m monthly active users outside of China
News Can you feel the love tonight? Spotify and fellow music streamers strike agreement with publishers for 15.35% go-forward royalty rate in the US. NMPA, DiMA and songwriter group NSAI send joint proposal to CRB – and avoid a costly legal war
Analysis News Repost is the cornerstone of SoundCloud’s artist services business. Repost’s founder just left SoundCloud. SoundCloud acquired Repost in May 2019 for around $15 million
Analysis News New blank check company files for $200m IPO, led by same team behind SPAC that took Anghami public SPAC is led by Jacob Cherian, the Co-CEO and a director of Anghami
News FUGA partners with Germany-based Odyssey Music Network; inks deal with Austria’s Phat Penguin Deal with Odyssey will see FUGA providing both digital and physical distribution for the company’s roster
News Snap Inc. to reduce workforce by approximately 20% Evan Spiegel, CEO Snap Inc., sent a note to employees on Wednesday (August 31) confirming the news
Analysis News Half of APAC listeners use social media for music discovery, a win for TikTok and its music-streaming foray APAC music discovery stats revealed in new report from US market monitor Luminate
News Six months after selling to Epic Games, Bandcamp is bringing back ‘Bandcamp Fridays’ Nearly 800,000 fans have participated in the Bandcamp Fridays program since March 2020
News BMG revenues increased 25% to €371m in first half of 2022 BMG reports that 60% of its revenues in the first half of 2022 were from publishing, with 40% from recordings.
News Concord is at the bidding table for Pink Floyd’s catalog bundle (which doesn’t include music publishing rights) US-based company is back on the acquisition trail after buying Native Tongue and HitCo