Analysis Why we believe streaming subscription ARPU fell by around 8% globally for the record industry last year MBW runs the numbers from the IFPI's must-read new Global Music Report covering 2020
News Global Music Rights partners with Entercom Communications in the US Deal allows Entercom to perform GMR’s catalog of songs across all of its platforms
News AWAL signs British electronic duo Jungle to global recordings deal Third album Loving In Stereo is out August 13
News UK startup Forever launches Nile Rodgers VR Q&A experience. Is this the future of virtual meet and greets? Project was created in association with Universal Music UK and the National Portrait Gallery, with the involvement of Abbey Road Studios
News Sony Music Publishing inks worldwide partnership with South Africa’s Gallo Music Publishers Catalog includes works by multi Grammy-award winning South African group Ladysmith Black Mambazo and reggae star Lucky Dube
News Warner buys indie label Zhara Music, launches Atlantic Records Russia Atlantic Records Russia will be headed by co-founder Bahh Tee as General Producer
News A new catalog acquisition juggernaut is born, as BMG and KKR strike deal to jointly buy music copyrights New acquisition heavyweight formed; MBW understands both parties will co-invest in rights
News Indie labels call for end to streaming ‘payola’ – as IMPALA unveils 10-point plan to reform sector In new report, trade body makes a number of key suggestions for change
News YMU Group launches YMU Arts, names Jori Teplitzky as Managing Director and Justin Blau Director of Strategy New division will be exploring NFT-related opportunities for its clients
News This Fiction Music and Spark Music Group launch Campfire Songs publishing JV First signing is South African writer/producer duo, NOBLE
News Global recorded music revenues grew 7.4% to $21.6bn in 2020, in spite of the pandemic Paid subscription streaming revenues increased by 18.5% last year
News Bob Valentine promoted to President of Concord, Kent Hoskins named CFO He will continue to work with CEO Scott Pascucci to guide the company’s overall business strategy
News New First on SoundCloud accelerator program to make ‘multi-phase, year-long investment’ in emerging artists 'We’ll work directly with the artists over this year to help them drive real, meaningful advances in their careers.'
News Concord Music Publishing signs Julian Casablancas of The Strokes Deal will cover Casablancas’ past and future solo works and various projects including The Voidz
News Alfonso Perez-Soto named President, Emerging Markets at Warner Recorded Music Exec's new brief covers Sub-Saharan Africa, the Middle East and North Africa, India and South Asia, the Eastern Mediterranean and Eastern Europe
News Warner and Tencent Music to launch a joint record label, as they ink multi-year licensing deal Deal means Tencent is launching JV labels with Warner and Universal in China
News Alice Young joins Future Classic as Managing Director Exec joins from Spotify in New York, where she was a Product Marketer for Spotify for Artists