News Stem, having paid out $100m in royalties to date, secures $10m in new financing Company has added Coach K, Mark Gillespie, Red Light managers and others as new investors
Analysis News Livestreaming is an obvious next move for Spotify. Here’s why it makes sense. The scene appears set for Daniel Ek's company to make its move into a burgeoning sector
News Will Round Hill be the next music company to IPO on the stock exchange? MBW sources suggest New York-based company is eyeing the London Stock Exchange
News Bo de Raaff hired as General Manager of CTM’s recorded music division He was previously Head of A&R Benelux at Warner Music
News Triller inks strategic alliance with JioSaavn to boost reach in India 'We are confident that this partnership will exponentially grow both companies.'
Interviews How Single Music is giving artists control of their e-commerce and livestream ticketing Single Music's Tommy Stalknecht on the new online D2C revolution taking hold in music – powered by Shopify
News Napster sold to MelodyVR in $70m deal, including $44m owed to record labels and other partners UK startup MelodyVR says deal will "establish the world’s first entertainment platform that spans immersive live performances and recorded music streaming"
News SESAC inks licensing deal with Radio Music License Committee Agreement applies to stations’ over-the-air broadcasts, simulcast streams and HD signals
News BTS’s Dynamite topped 12.6m streams on Spotify on day one – but 4.9m of them were discounted from its Chart Spotify confirms that Dynamite was streamed 12.6 million times in total
News 5 ‘fake stream’ sites forced to cease manipulation by court injunctions in Germany News follows closure of fake stream site Followerschmiede.de in March
News Songtradr raises $30m in Series C round to fund global expansion Funding round values the company at $165m
News Darren Briggs named Global Head of Technology at Songtrust He will lead the development of Songtrust’s royalty collection and rights management platform
Interviews ‘As soon as you enter the stupid deal business, you risk all of your deals becoming stupid.’ Believe’s Denis Ladegaillerie envisions a bright, bold future for the UK market. Trigger warning: major record labels might not completely love it...
News Spotify inks exclusive deal with Riot Games to be official audio streaming partner for League of Legends Esports events Partnership includes original podcast series, curated playlists and a new LoL Esports Music Hub on Spotify
News Sony Music UK backs youth outreach initiative in London ‘that seeks to educate and inspire’ Weekly workshops are open to 8 to 19-year-olds and will take place in estates in Chelsea, Edmonton, White City and Dalston throughout August
News Hipgnosis acquires 50% stake in RZA catalog, including Wu-Tang, Kanye West songs Deal includes 50% of copyright interest in 814 songs
News Round Hill Music signs 4 Horsemen Music to global publishing deal Writer collective has worked with Mick Jagger, Aerosmith, Carrie Underwood, Rascal Flatts and Shinedown
Analysis News The pandemic has hit the major labels this year… but they’re still generating over $1m per hour from streaming What the majors' H1 2020 results tell us about their financial strength amid the year of coronavirus