News Downtown launches $200m fund to invest in independent artists and entrepreneurs Fund is supported by a new credit facility with Bank of America
Analysis Blog We’ve come a long way together, and it’s just the beginning… Mitch Glazier, CEO and Chairman of the RIAA, writes an exclusive op/ed for Music Business Worldwide on 2021's figures
Analysis News With $15bn in revenue, 2021 was the US record industry’s biggest EVER year (kind of…) MBW reveals historic numbers for the US market last year (although you should really factor in inflation)
News TikTok just launched its own music distribution platform, SoundOn SoundOn can distribute music to other music platforms like Spotify, Apple Music and Instagram
News Quincy-Jones backed OneOf strikes exclusive partnership with Christopher Wallace estate to release Notorious B.I.G. NFTs A portion of the proceeds of the NFTs will go to The Christopher Wallace Memorial Foundation, Inc.
News Kobalt just raised $550 million in debt to buy music catalog rights JPMorgan Chase & Co. and HPS Investment Partners are funding debt, reports Bloomberg
News Indian superstar Diljit Dosanjh inks deal with Warner Music News marks Dosanjh's first deal with a major record company
Analysis News BMI hires Goldman Sachs to ‘explore strategic opportunities’. Could it end up selling? Other possibilities might include expanding into sync, or even acquiring rights
News Universal Music Group suspends all operations in Russia 'Effective immediately, we are suspending all operations in Russia and closing our offices there,' says UMG
Analysis Blog Why music companies should stop using vague stats Eamonn Forde explores the rise of 'vaguestats' in the music business
News Iain Watt joins NFT platform Serenade’s Advisory Board as Chairman Serenade has also announced a number of new investors
Analysis News Spotify just patented its own A&R technology to predict breaking artists. Should labels be concerned? Daniel Ek's company suggests it could ink "recording deals" with on-the-rise artists... and spot them sooner than record companies
News Snoop Dogg joins esports giant FaZe Clan’s Board of Directors, as firm readies $1bn IPO Faze Clan's investors from the music business include Troy Carter, Guy Oseary and Pitbull
News UK collection society PRS cuts ties with Russian counterpart. But why is it having to act alone? PRS for Music has formally suspended its rights representation relationship with Russia's RAO
News Luca Gentili promoted to Vice President, Operations & Industry Relations, at Warner Chappell Music Italy Gentili joined Warner Chappell Music in 2008
Analysis News Even without AWAL, Kobalt Music Group is a $600m+ annual business… and comfortably profitable Company posted first ever full year of EBITDA profitability in FY2021
News Tom March named President of Geffen Records British exec makes move to Los Angeles to lead label at Interscope Geffen A&M
News ‘The catalog deals market in Europe will continue to accelerate.’ Hein van der Ree tells MBW about how €100m-backed Pythagoras Music Fund fits into the music rights acquisitions market...