News Hipgnosis acquires 50% of Neil Young’s song catalog for around $150m Merck Mercuriadis says the deal "changes Hipgnosis forever"
News Bartosz Szwoch appointed CFO, Warner Music Eastern Europe He joins the company from Polish music industry body ZPAV
News RealNetworks completes sale of Napster to MelodyVR in $70.6m deal Napster started 2020 with over 3m users across four continents, according to RealNetworks
News Anghami sells stake to Dubai investment giant Shuaa Capital Shuaa has around $14 billion in assets under management
News Alibaba to close streaming platform Xiami Music next month Platform was bought by Jack Ma's Alibaba in 2013
Analysis Blog Fans’ Embrace of Streaming Sustained Music During A Tumultuous Year. Why, and What Does It Mean For 2021? DiMA CEO Garrett Levin: "Any honest reckoning of our business must examine what happens to the 69 cents of every dollar that digital music services pay to record companies, music publishers, and PROs."
News Hipgnosis fully acquires Lindsey Buckingham song catalog, including 100% writer and publisher share of Fleetwood Mac hits Buckingham's songs from Rumours have been streamed over a billion times on Spotify alone
News Live Nation to raise additional $500m in debt $500m will be raised via a secured note sale, according to a release published on December 17
News Warner Music Group inks licensing deal with TikTok Agreement marks video platform's second major label deal
Analysis Audio streaming volume grew by its biggest EVER amount in the UK in 2020, as Brits turned to music during pandemic lockdown But it was a less good year for CD albums, with sales down by nearly a third on 2019
Analysis This Spotify chart data reveals a whole lot about the UK music industry’s last 12 months EMI Records Streaming Manager, Alex Bingham, crunches the numbers that drove Spotify's chart last year
News Warner Chappell Music France inks global deal with Aya Nakamura Artist and songwriter recently topped the French charts with Plus Jamais feat Stormzy
News DJ Semtex launches new weekly podcast series, Hip Hop Raised Me Series starts on January 11 with Chuck D of Public Enemy
News Ryan Payne promoted to Global Head of Marketing at Glassnote Payne was previously Head of Marketing and has been with the company since 2015
News Universal Music bolsters leadership in Africa, with Sipho Dlamini promoted to CEO of South Africa and Sub-Saharan Africa UMG also hires Elouise Kelly and Chinedu Okeke in senior roles on continent
News Jimmy Iovine sells producer catalog royalties to Hipgnosis (so he can build a school) Iovine is investing the proceeds into building an inner-city high school in LA
News British manager Colin Lester awarded OBE in Queen’s New Years Honours “I have spent my entire professional career in the music industry and I’ve never had to work a day in my life."
News Amazon Music to buy podcast company Wondery, taking fight to Spotify Deal was for over $300 million valuation, according to Wall Street Journal report