News Despite COVID-19, Spotify’s Premium subscriber base grew by 6m in Q1 2020, up to 130m Total monthly active users (MAUs), meanwhile, grew 31% YoY to 286m.
News Chris Gobalakrishna named SVP, Finance and Operations in Asia for Warner Music Exec joins from WorldVentures where he was the company’s CFO
News Facebook goes on music biz hiring spree – as it announces plan to let creators charge for live-streamed events Run of music industry vacancies crop up amid major confirmation from social giant
News SiriusXM posts Q1 2020 profit of $293m, but loses 143,000 net subscribers 'In the face of the economy hitting the brakes hard in March, SiriusXM's first quarter results were very strong.'
News Tencent Music makes equity investment in Chinese music-for-business service, Radio Music Warehouse 'Through this investment, we will jointly explore music-for-business market to add value to our music ecosystem.'
News Indie label agency Merlin promotes Charlie Lexton to Chief Operating Officer Lexton joined Merlin as Head of Business Affairs in 2008
News PPL to make advance distribution payment of $29.7m in April Over 15,000 performers and recording rightsholders to receive advance payment on April 30
News UMPG launches global music service for film, TV and advertising Client inquiries will be managed by UMPG’s local sync offices
Analysis Blog ‘I was recently fired by a client while on maternity leave. It’s happened to me exactly twice.’ Jess Keeley on being "professionally punished" for having children – and how the music business needs to change
News Dean Gillard named EVP of Oliver Heldens’ Heldeep Records Lucas Keller: "In the coming years, Heldeep will become one of the top destinations for the best dance records throughout the UK and Europe."
Analysis News Saudi fund acquires $500m stake in Live Nation – as the company balances ‘doing the right thing’ with its $3.8bn cash pot What you need to know about 'event-related deferred revenue'... and Live Nation doing the right thing
News Music Venue Trust Launches #saveourvenues campaign in support of over 500 grassroots UK music venues 'We have received some magnificent support so far from music companies, but we need a lot more to step up.'
News Sarah Pickering and Chris Jones promoted to Co-Heads of sync team at Sony/ATV Music Publishing UK They will report directly to Sony/ATV UK Co-Managing Directors David Ventura and Tim Major
News TikTok launches ‘Donation Stickers’ that allow creators to raise funds for charity through their videos Globally, TikTok will be matching users' donations made through Donation Stickers
News Merck Mercuriadis has spent over $1 billion on songs in less than 2 years… and he’s about to do it all over again Hipgnosis CEO joins the MBW Podcast to talk deals, ambitions... and industry controversy
News Spirit Music Group signs Dua Lipa collaborator Nick Gale Professionally known as Digital Farm Animals
News Universal Music Group inks global deal with toy company LEGO Group New suite of LEGO products to launch in 2021
News Rising Hip-Hop producer Dat Boi Squeeze signs global deal with Warner Chappell Music Producer is best known for his work with 30 Roc to create Roddy Ricch’s The Box