News Ex-Paradigm execs launch new agency Arrival Artists, with offices in New York, Los Angeles, Chicago & Seattle Principal Agents Include Ali Hedrick, Erik Selz, John Bongiorno, Karl Morse & Ethan Berlin
News Warner Chappell Music signs X Ambassadors in exclusive publishing deal Band’s RIAA platinum hits include Renegades and Unsteady
News Kanye West producer Noah Goldstein inks worldwide management deal with Milk & Honey Goldstein has also worked with Arcade Fire, Bon Iver, Drake, Sia, The Weeknd, Travis Scott, FKA Twigs, Nas and others
News Reservoir signs singer-songwriter Katie Melua to worldwide publishing deal Deal includes rights to Melua’s future titles
News Lickd partners with EMPIRE to make music available to YouTube creators Deal follows agreements with Warner Music Group, Universal Music Group and BMG
News Warner IPO saw group of senior execs share $593m result from long-term incentive plan Stock-based compensation realized for long-term employees following successful flotation on the Nasdaq
News Universal’s new $1.2bn Mississippi hotel to be completed in 2023, with 12,000-cap venue, holograms and virtual reality entertainment UMUSIC Broadwater will also have a 12,000-cap music venue
News Paradigm Agency awarded $1.2m from the UK’s Culture Recovery Fund Firm was named in first round of recipients of funds from support package
News Warner Music Group expects annual revenue to top $4.4bn in FY2020, with streaming up over $260m YoY In a nutshell, WMG is expecting a flat-ish year, with recorded music revenue slightly down and music publishing revenue slightly up
News Vevo partners with Dutch music video platform XITE to launch new Apple TV app New app will be a 'free, ad-supported experience'
News Warner Music Group raises $250m in debt to fund future acquisitions (Update) New influx of money adds to WMG's $532m in cash and cash equivalents to boost spending power
News Warner Music’s ADA expands into Japan Local ADA team will be led by respected executive Kaz Aida, who joins from Universal Music
News $100m-backed VR platform Sensorium Galaxy partners with superstar DJ Carl Cox Cox will perform a series of exclusive DJ sets in virtual reality
News Sony Music Masterworks acquires majority stake in artist manager Jonathan Shank’s Terrapin Station Entertainment Masterworks will work in partnership with Shank to curate and spearhead a range of live productions
News Snapchat launches music feature to rival TikTok Company has multi-year deals with a number of major and independent publishers & labels
News Big Hit CEO Bang Si-hyuk now worth comfortably more than $2bn as BTS firm’s IPO takes flight in Korea "We will uphold the stockholder's value in various terms by raising profitability, growth potential and contributions to society."
News US tech giant Cloudflare ordered to block music piracy site in Germany Court in Germany issued injunction on Friday October, 9