News Believe CEO accuses major record companies of lobbying streaming platforms to lower royalty rates for DIY artists Majors are pressuring the likes of Spotify to give superstars better rates, says French exec – and he doesn't love it
News Chris Herche named SVP Music Operations and Marketing at Create Music Group Herche will oversee the day-to-day operations of the company’s music division
News Sony Music Publishing signs Danger Mouse to global deal Danger Mouse is a Grammy award-winning artist, songwriter, producer, and composer
News African Music service Mdundo reached 20.3m Monthly Active Users last month, up 74% since June 2021 Mdundo's biggest country for Monthly Active Users is Nigeria, with a total of 4.9m
News Sony Music enters exclusive partnership with Egypt’s Craft Media to ‘sign Arabic superstars’ Craft Media was founded by prominent Arabic producer Hamdy Badr
Analysis News From Hipgnosis Songs Fund’s financial results to HYBE’s Disney deal… it’s MBW’s Weekly Round-Up… The big stories from the past week
News Hipgnosis Songs Fund didn’t buy a single catalog in the 6 months to end of March. It still grew in value by $140m. Gross revenues topped $200m in the 12 months to end of March
News Aaron ‘Dash’ Sherrod named President of Urban A&R at Geffen Records He most recently served as Senior Vice President of A&R at RCA Records
News Diplo, Red Light Management, Kevin Liles and more join $12m round for social audio platform Stationhead Series A round was Led by Buttonwood Group Advisors
News Jessica Rivera joins SoundCloud as Global SVP & General Manager Maurice Slade also appointed Head of Marketing
News Jonathan Carmel appointed Web3 and NFT Lead at Symphonic Distribution Symphonic raised $37 million in a Series B round of funding in January 2022
News Mobile game PUBG expands into virtual concerts, with first performance from K-Pop group BLACKPINK BLACKPINK will perform in 'The Virtual', a fan experience and free to view event
Analysis News So… how much did TikTok actually pay the music industry from its $4bn in revenues last year? Is the music business sleepwalking into a generational mistake in its deals with TikTok?
News Rich Castillo exits Warner’s Atlantic Records UK for senior A&R role at Universal’s EMI Records Rich Castillo joined Atlantic Records UK as A&R Director in May 2020
News Triller calls for ‘every American to delete TikTok’ Mahi de Silva, CEO of Triller, publishes letter calling for "every American" to delete TikTok
News Dionnee Harper named Executive Vice President of Marketing and Artist Development at Warner Records Executive is currently Senior Vice President, Head of Marketing at Atlantic Records
News Tencent Music launches ‘TME Business Intelligence for Artists’. It sounds a lot like Spotify for Artists. TME says new platform marks a "deepening" of what it calls its "dual engine content-and-platform strategy"
News K-pop giant SM Entertainment forms JV with AmazeVR to produce immersive VR concerts for the metaverse Studio A will be based in Seoul, South Korea