Analysis Blog ‘Streaming challenges can be met only by artists and labels working together.’ This MBW op/ed comes from Geoff Taylor, Chief Executive of the BPI, the UK’s trade body for the recorded music industry
Analysis Blog News How to justify Bruce Springsteen’s skyrocketing ticket prices MBW Reacts is a series of short comment pieces from the MBW team
Analysis News Sir Lucian Grainge on Universal’s new deal with Meta – and his belief that investment banks don’t ‘have the skill-sets or ability to exploit music rights’ Grainge was joined by Michael Nash and Boyd Muir on a call with analysts last week
Analysis News Is old music really exploding on TikTok, or has our definition of ‘catalog’ become outdated? New Chartmetric report shines a light on relevant data within much-discussed industry issue
News After raising $37m in January, Symphonic Distribution buys marketing agency, Streaming Promotions Founded in 2015, Streaming Promotions is based in Nashville
News Quincy Jones-backed NFT platform OneOf closes $8m funding round New capital brings OneOf’s total funding to over $72m to date
News TEG appoints Toby Leighton-Pope as Managing Director, TEG Europe Leighton-Pope was formerly the co-CEO of AEG Presents UK, from 2016 to December 2021
Analysis News From Meta losing Kobalt’s catalog to Universal’s $2.7bn in Q2… It’s MBW’s Weekly Round-Up The biggest stories from the past week - and why they matter
News Shopify invests in music commerce app Single The company has also launched token-gated commerce and content features to its app
News Luis Bonilla promoted to Chief Technology Officer at SoundExchange He previously served as the company's Senior Vice President of Operations
Analysis News Sony generated over $2bn from recorded music and publishing in calendar Q2; recorded music revenues were up 11.2% YoY Recorded music streaming revenues were up 7.9% YoY in the quarter, MBW calculates
News Stromae’s Mosaert label signs worldwide deal with Warner Chappell Music Mosaert was founded in 2009
News Bruce Springsteen’s manager Jon Landau breaks silence on $5,000 tour tickets Landau defends pricing, which has been based on market demand
News Lyrics platform Musixmatch secures strategic investment from TPG Growth Founded in 2010, Musixmatch claims to have assembled the world’s largest lyrics catalog
Analysis News Universal Music Group generated $2.7 billion in Q2; recorded music subscription streaming revenue grew 7.0% YoY BTS were UMG's biggest-selling artist globally in Q2 2022
News Snapchat to pay DistroKid artists monthly grants up to $100,000 via new ‘Sounds’ creator fund Snapchat now reaches over 600m monthly active users worldwide
News Kate Reilly promoted to Chief Membership & People Officer at UK music licensing company PPL Reilly previously served as Chief People Officer
News Curve Royalty Systems expands, hiring Mhairi Palmer in North America and Britt Timmerman in the UK Palmer joins from Anthem Entertainment; Timmerman joins from Kobalt