Analysis News From Sting selling his song catalog to the majors generating $20bn last year: It’s MBW’s Weekly Round-Up The biggest stories of the week – and why they matter
News Kristina ‘Red’ Tanner promoted to Partner at Activist Artists Management Chris Ruff has also joined the company as Head of Global Marketing
News Music licensing company PPL reached a record $128m in international collections last year Since 2006 PPL has collected nearly £700m ($951m) of international revenue.
News Sony Music’s $430m buyout of AWAL provisionally cleared by UK competition watchdog UK’s Competition and Markets Authority gives provisional decision – and it's good news for Sony
News Tracklib strikes licensing deal with BANDAI NAMCO to bring anime music samples to producers BANDAI NAMCO is also an operator of the music label Lantis
News Reservoir has $3bn worth of deals in ‘pipeline’ and expects to spend $200m+ on M&A during first year as public firm Reservoir Media has published the financial results for its fiscal Q3 2022 (calendar Q4 2021), ended December 31, 2021
Analysis News Spotify’s valuation is half the size it was a year ago. Could a Big Tech titan make a shock acquisition bid? It couldn't really happen... could it?
News Nas and Lil Baby-backed metaverse firm Everyrealm closes $60m funding round led by Andreesen Horowitz The firm is led by CEO Janine Yorio
News Steven Moran named Chief Financial Officer at Songtradr Clare Nicholls named Chief Corporate Development and Strategy Officer
News Sting sells song catalog to Universal for $300m+ Sting has sold more than 100 million albums throughout his career
News Snoop Dogg acquires Death Row Records from MNRK Music Group 'I am thrilled and appreciative of the opportunity to acquire the iconic and culturally significant Death Row Records brand,' says Snoop Dogg
News Brandra Ringo named EVP of A&R at Quality Control Music, Wayno Clark joins as VP of A&R Detroit rapper Baby Money also signs with Quality Control
News Music funding platform beatBread raises $34m BeatBread offers advances ranging from $1,000 to $2 million per artist
News A new firm just raised over $100m to buy film and TV music rights – and it’s already made its first big acquisition Catalog includes the film and TV music scores for Fantastic Beasts, the Hunger Games Trilogy, The Dark Knight, Maleficent and more
Analysis Blog Artists should take a principled stance against Spotify for songwriters The following MBW Op/ed comes from David Israelite, the President and CEO of the National Music Publishers’ Association
News Elliot Grainge acquires Homemade Projects label, founders Zach Friedman and Tony Talamo named Co-Presidents of 10K Projects The Elliot Grainge-founded company has also acquired the Homemade Projects label
News Roberto Razzini joins Sony Music Publishing as Managing Director, Italy Razzini will be responsible for overseeing Sony Music Publishing Italy’s operations
News Ex-Spotify CFO Barry McCarthy named new Peloton CEO, as firm cuts 2,800 jobs in ‘restructuring program’ Former Spotify CFO steps in as Peloton co-founder steps down