Analysis News The major music companies now turn over $2.5m every hour – and will generate more than $20bn between them this year MBW's number-crunching tells us it's going to be a gangbusters year for the majors
News Jack White’s Third Man Records expands into London, with retail space, live venue and new European HQ The store will become the company's third physical space, alongside buildings in Nashville, Tennessee and Detroit, Michigan
News Sony Music Germany acquires stake in children’s entertainment brand Tiger Media International Tiger Media offers its own streaming service called TIGERTONES, and has also developed a speaker box and touchscreen, called the TIGERBOX
News Germany’s recorded music revenues topped $1bn in H1 2021, up 12.4% YoY Digital's overall share of sales now stands at 78.6% of the market, while vinyl sales grew 49.5% in the first six months of 2021
News The Weeknd manager Wassim “Sal” Slaiby honored in Fuse Media’s Future Middle Eastern History Class of 2021 The Future History series celebrates positive, proactive and emerging leaders
News Hipgnosis buys catalog from Fleetwood Mac’s Christine McVie Catalog includes 11 No.1s and 47 Top 10s
Analysis News From Sony’s Q2 revenue growth to Primary Wave’s stake in the Prince estate: It’s MBW’s Weekly Round-up The biggest stories of the past five days – and why they matter
News Major labels and publishers hit Charter Communications with $400m+ copyright infringement lawsuit Charter is one of the largest ISPs in the US
News After expanding into Asia, CTS Eventim to spend over $200m on new arena in Italy Venue will be Italy's largest multipurpose arena
News Dan Goldberg joins sports apparel brand Fanatics as SVP, Music and Entertainment Development Goldberg formerly spent 12 years at Warner Music Group
News India-based record label Venus Music, acquired by Believe in 2019, rebrands as Ishtar First project under the new brand is from Indian playback singer Mamta Sharma
News UK government launches $1bn insurance scheme for live events forced to cancel due to Covid Scheme will be available from September 2021 and run until the end of September 2022
News Primary Wave buys stake in Prince estate, encompassing publishing, master recording income and more Company says it now holds 'the largest percentage interest in the estate'
News Live Nation’s Michael Rapino on a ‘roaring era’ for concerts, ticket prices and vaccinations for employees Live Nation's President and CEO spoke to analysts on a Q2 earnings call this week. Here's what we found out...
News Mike Chester promoted to EVP, Promotion & Commerce at Warner Records Chester joined Warner Records in 2018 as EVP of Promotion
News Timbaland’s Beatclub teams with FinTech firm Horizon Fintex to let fans buy and trade shares in music, NFTs Beatclub will let creators fund their music ventures by offering a percentage of their songs, albums and masters to fans
News HYBE, the home of K-pop stars BTS, sees revenues soar 79.2% YoY in Q2 to $244m Company has posted its financial results for Q2 2021
News Stacey Tang and Damaris Rex-Taylor promoted at RCA UK Tang named Executive Vice President, while Damaris Rex-Taylor becomes General Manager