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
News Producer Tommy Parker inks publishing partnership with 10K Projects, Champagne Therapy and Coup D’Etat Music 'Tommy is one of the most uniquely gifted talents creating music today,' said Tony Talamo, co-President of 10k Projects
Analysis Blog What’s music’s next new format? This op/ed comes from Inder Phull, CEO and co-founder of gaming and music metaverse company PIXELYNX
News Universal launches monoX record label in Vietnam with media company METUB monoX is led by CEO Kendall Nguyen
News Miles Gersh promoted to VP, A&R for Warner Records Gersh was most recently Director, A&R for Warner Records
News Exceleration Music acquires Heroic Music Group catalog Heroic has managed the careers and released music from artists such as TikTok creator Ark Patrol, Unlike Pluto, rei brown, Stephen, San Holo, DROELOE, and Taska Black
News Lady A, Brad Paisley sell publishing catalogs to HarbourView Equity Partners HarbourView was founded nine months ago by former Tempo Music CEO, Sherrese Clarke Soares
News Jacob Fowler elevated to EVP and Chief Product Officer at Sony Music Fowler will lead the newly combined team driving global product development and innovation for both Sony Music and The Orchard
Analysis Blog Interviews Why I’m doubling our investment in the UK music industry, just when people say it’s losing global power. Lucas Keller’s belief in the hit-making ability of British songwriters, producers and artists is unwavering...