News Concord buys Native Tongue in eight-figure acquisition, expands in Australia and New Zealand Concord launches Concord Music Publishing ANZ following buyout of indie pubco
News Elena Awbrey named Executive Manager at YMU Music in the US Awbrey was an independent artist manager before joining YMU
News Geoff Taylor to step down as CEO of UK record label trade body BPI Exec to stay on until early 2023 while the organization recruits for a successor
Interviews ‘We have a deep sense of who the artist is and how to support them.’ MBW interviews Capitol Christian Music Group Co-Presidents Brad O’Donnell and Hudson Plachy
News Some music companies are nervous about a ‘challenging economic climate’. Believe just increased its FY revenue forecast for 2022. Believe's group revenue growth in H1 was up 35.4% YoY to €352.2 million.
News India-based telco Airtel poised to buy loss-making Spotify challenger Gaana Discussions between the parties have reportedly been going on for a few months
Analysis News HYBE revenues soar 83.8% to $391m in Q2… despite BTS hiatus announcement K-pop giant HYBE publishes its financial results for Q2 2022
News ONErpm launches global music publishing service, ONE Publishing, partnering with multiple PROs worldwide One Publishing launches globally for OneRPM clients across both premium and DIY services
News Cinq Music parent buys NGL Collective to create ‘largest 100% Latino-focused digital-first Latinx media powerhouse in the US’ GoDigital has acquired NGL Collective with the backing of MEP Capital, a media and entertainment-focused investment firm
News SoundCloud slashes a fifth of its global workforce, blaming ‘challenging economic climate’ News comes fives years after SoundCloud's last widespread cut of staff
News Annie Aberle promoted to Vice President, A&R at PULSE Music Group Aberle was previously Senior Creative Director, PULSE Music Group
News Spotify quietly discontinues ‘Car Thing’ device shortly after US launch Device was unveiled by the streaming giant in April 2021
News Piracy tracking startup MUSO raises $3.9m from Puma Private Equity MUSO reports to have seen a 25% increase in general digital piracy year-on-year
News BMG buys Germany’s largest independent label, doubling its recorded music revenues in territory BMG says that deal 'redraws the map of the German music industry'
News Matt Gralen named Chief Financial Officer at Beatport Exec most recently served as EVP of Corporate Development at UnitedMasters
News Kyle Elwin appointed People and Culture Lead at Merlin 'The opportunity to help nurture the people and culture at Merlin is an incredible opportunity,' said Elwin
Analysis From Suffering to Recovering: The stats that explain why the UK music industry is set for a dramatic post-lockdown comeback. Will Page crunches the numbers of the UK's live recovery, and streaming habits, to suggest a major rebound for the wiser business