News PPL donates $875,000 to music industry COVID-19 hardship funds Donation to be split between relief funds set up by three UK-based organizations
News Liz Goodwin joins Atlantic Records UK as General Manager, Max Lutkin named Head of Marketing Katie White leaves her role as General Manager at the record company
Interviews ‘Anyone can go out and spend $1 billion. The trick is getting a good return for your investors.’ Round Hill Music CEO, Josh Gruss, on the competitive music M&A landscape, and his firm's next big raise
News Because Music appoints Ian Quay as Head of Marketing, United States Exec previously served as General Manager, North America at Ninja Tune
News Sasha Junk promoted to President of KIDZ BOP Exec succeeds former KIDZ BOP President Victor Zaraya
News iHeartMedia to cut costs by $250m this year, as it battles economic impact of Coronavirus Bob Pittman: "We want our shareholders to know that we have taken immediate and proactive steps to weather this crisis."
News Sony/ATV teams with music production marketplace BeatStars to provide publishing services to producers & songwriters Sony/ATV will work on behalf of BeatStars’ clients to pitch original songs and beats for sync opportunities & recorded music
News Victor Zaraya named Chief Revenue Officer at Concord Zaraya will work across Music Publishing, Recorded Music and Theatricals
News Swedish audio tech firm Dirac raises $6m; appoints former Spotify exec Jonathan Forster to Board of Directors Forster to 'help catalyze the company’s expansion into the streaming market'.
News Hannah Haines appointed Head of Publicity at 10K Projects Exec joins 10K Projects from Interscope Records
News Hipgnosis now has $188m more to spend, via loan facility from banks including JP Morgan Herbert Smith Freehills, who advised Hipgnosis, says new money is "testament to the confidence of investors"
Analysis News Positive signs: Music streaming spend is rising in the US, even amid Coronavirus lockdown News is in contrast to report out of Spain earlier this month
News Live Nation to slash costs by up to $500m this year as boss Michael Rapino sacrifices $3m annual salary Michael Rapino: "[We] believe that Live Nation has the financial strength to weather this difficult time."
News TikTok commits $375m to COVID-19 relief efforts 'We want to magnify all we are seeing across our community and translate it into concrete relief for those most affected by this crisis.'
News Sony invests $400m in Chinese video streaming platform Bilibili Sony has acquired a 4.98% stake in the company
Interviews Nile Rodgers on his production, his philosophy – and why he believes you should ’embrace failure’ Our World's Greatest Producers series kicks off with a legend: Nile Rodgers
News SoundExchange hits $7bn in lifetime royalty distributions SoundExchange also distributed a total of $224m during Q1 2020
Interviews ‘A&R is about giving a voice to artists that you believe are important.’ Omnian Music MD Jane Abernethy discusses working with artists and A&R and the challenges and developments she’s experienced in the independent music sector