News ‘Free’ music streaming paid the record industry $4.6bn in 2021… and other key insights from the latest IFPI Global Music Report MBW crunches the IFPI's latest numbers – and discovers some head-turning facts and figures
News Roblox and Sony reveal that 24kGoldn will be the latest artist to perform a virtual concert on the gaming platform Pre-concert 'quests' have already seen over 1.6m visits
News Apple’s music recognition app Shazam is also a concert discovery platform now Shazam now counts over 225 million monthly active users
News Muni Long partners with Def Jam Recordings via Supergiant Records label Breakthrough hit Hrs & Hrs has racked up over 150m streams
News Sony Music Publishing promotes Thomas Krottinger to Vice President, Creative Over the last two years, Krottinger has worked closely with global superstar Olivia Rodrigo, who signed with SMP last year.
News Global recorded music revenues hit $25.9bn in 2021, up 18.5% YoY IFPI reveals recorded music revenue figures in Global Music Report 2022
News Immersive live-streaming tech company Volta raises $3m from Deadmau5, Robb McDaniels and more Other investors include Techstars Music and 7 Percent Ventures
News Reservoir acquires rights in catalog of film score composer Henry Jackman Deal includes rights in entire catalog, including scores for blockbuster films like the Captain America franchise, Wreck-It Ralph and Jumanji
News Mushroom Group and AEG Presents unveil new leadership structure for Frontier Touring Adam Wilkes moves to the role of Chairman of the Frontier Board in conjunction with his role as President and CEO, AEG Presents Asia Pacific
Analysis News ASCAP’s revenues grew by just $8m in 2021, and couldn’t catch BMI’s annual collections PRO blames fall in international collections on "business closures and the lack of vaccinations" in certain non-US territories
Interviews ‘The pandemic reminded people how much they wanted to be at a show.’ Ben Lovett’s tvg Hospitality has raised $50m. Here, the Mumford & Sons musician and entrepreneur explains how his firm plans to spend that money…
News CISAC: ‘Each individual society should decide on whether to maintain their business relationships with Russian societies.’ CISAC clarifies position on RAO
News Peter Rosenthal appointed EVP, Global Head of Legal and Business Affairs at Warner Chappell Rosenthal joins Warner Chappell from Downtown Music Holdings
News Confirmed: Warner acquires the Middle East’s Qanawat Music Qanawat Music operates as a music distributor across the Middle East and North Africa
News From Believe’s $682m revenues to music’s next big-money buyout: It’s MBW’s Weekly Round-Up The biggest stories from the past week – and why they matter
News Global recorded music revenues reached $28.8bn in 2021, says Midia Estimates for global recorded music revenues in 2021 were published by Midia today (March 18)
Analysis Blog DSPs will lead music’s mainstream Web3 adoption, but fan-powered music communities will share the wealth The following MBW op/ed comes from Bruno Guez, CEO of Digital rights administration company Revelator
News Universal’s Web3 label 10:22PM just bought a Bored Ape NFT for over $350,000… and says it will serve as the manager for virtual band, KINGSHIP The NFT, named Manager Noët All, will become the manager of virtual group, KINGSHIP