News From Universal’s $2.46bn in Q1 to the record labels and publishers’ major settlement: It’s MBW’s Weekly Round-Up The biggest stories from the past week – and why they matter
Analysis Blog ‘This agreement guarantees a raise for CDs, vinyl and downloads, but we know that songwriters need much more to succeed – they need fairness.’ This op/ed comes from David Israelite, the President & CEO of the National Music Publishers’ Association (NMPA)
News Live Nation revenues soar to $1.8bn in Q1 2022, as company delivers ‘best first quarter ever’ Live Nation has published its financial results for Q1 2022 (ended March 31)
News Paul Bonham promoted to Professional Development Director at MMF Anneliese Harmon has also been announced as GM
News Record labels and publishers ink major settlement, moving from 9.1 cents to 12 cents per track for US mechanical royalties on physical sales Agreement reached to settle rate negotiation in the US
Analysis News Confirmed: Sony Music paid Universal €102 million for stake in Todd Moscowitz’s Alamo Records A new nugget of information emerges - and MBW does the math
News Splice Chief Music Officer Maria Egan exits, joins Riot Games as Global Head of Music & Events Egan was previously Chief Music Officer at Splice since 2020
Interviews How ChartMetric, following a $2m seed round, is looking to change the music industry’s relationship with data Having raised seed capital last year, Chartmetric is now looking towards a fresh round of funding to help it become 'the default data analysis tool for the global music industry'
News PULSE Music Group inks JV with Ariana Grande collaborator Tommy Brown TBHits is a frequent collaborator with Ariana Grande
News UnitedMasters, valued at $550m, just launched its own beat marketplace Steve Stoute's UnitedMasters launches Beat Exchange, a platform for buying and selling beats
News Natina Nimene promoted to Executive Vice President, Promotion & Artist Relations, at Def Jam Recordings Nimene is one of Billboard's ‘Hip-Hop Power Players’, ‘Women In Music’ and a ‘40 Under 40’ honoree
News Mike Caren’s Artist Publishing Group inks deal with Chrishan in partnership with Warner Chappell Chrishan commented: "I couldn’t be more excited to join forces with APG and continue to work with my incredible publishing family at Warner Chappell."
News Is TikTok (or ByteDance) slowly morphing into a record company? Evidence is building that such a description might one day fit...
News Hi-Res music service Qobuz expands into Latin America and Portugal Qobuz is now available in 25 countries
News Splice just launched an AI-powered app that makes music with you New app CoSo uses AI to find sound samples from across the Splice catalog
News Quincy Jones’ OneOf teams with Warner-backed virtual concerts firm Wave to launch NFT for metaverse artist Teflon Sega 'Metaverse-born musical artist and producer' Teflon Sega has over 356,000 monthly Spotify listeners
Interviews ‘If the music industry wants to continue its exponential growth, its data backbone needs to become significantly more efficient.’ With partnerships in place with Warner, Deezer, FUGA and more, Verifi Media believes its patent-pending tech is a game-changer for music
News Ghanaian superstar Stonebwoy signs global Def Jam deal with Universal Artist to work with Def Jam Recordings in the US, Def Jam Africa across Africa and 0207 Def Jam in the UK