News Sony Music India inks exclusive deal with award-winning Bollywood composer, Amaal Mallik Mallik will also continue working as a music director on film projects
News BMG expands into live music, buying majority stake in German concert promoter Undercover CEO Hartwig Masuch explained last month that super-fan data was a big reason behind his interest in live
Analysis News Universal Music Group just generated over a billion dollars from streaming in a single quarter… during a global pandemic Vivendi-owned company has already posted over $400m more from streaming in 2020 than it did at the same stage of 2019
Analysis News Does UFC’s new music app hint at the future of subscription streaming? Tuned Global says the world of branded music apps, serving niche audiences, could be a key growth driver for the industry in the years ahead
News Sigur Ros slam ‘unjust and draconian prosecution’ by Icelandic government over tax evasion charges Band calls on Icelandic government to review “shameful” tax law
News Miguel Sáinz promoted to Country Manager at ONErpm Mexico ONErpm has also signed an exclusive distribution deal with Regional Mexican artist Pepe Aguilar
News Universal Music Group will IPO in 2022, confirms Vivendi Music company parent puts firmer date on Universal's flotation plan
News US Justice Department sues ‘monopolist’ Google for alleged violation of antitrust laws Lawsuit alleges that Google unlawfully maintains monopolies in search and search advertising
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