News Vevo expands into Australia and New Zealand, hires Shazam exec Steve Sos to lead new operations Platform has 10m monthly unique viewers in Australia and 2.2m in New Zealand
News BTS label Big Hit Entertainment picks underwriters for IPO (report) Total valuation could be as high as $5bn, say reports
News Paradigm promotes Melisa Baloglu, Len Chenfeld, Brittany Miller and Ryan Theobalt to Agent Promotions made across the company's New York and Los Angeles offices
News Peermusic signs exclusive deal with Jason Aldean collaborator Michael Dulaney Dulaney has seven No.1 songs to his credit
News UK-based Chrysalis Records re-launches as frontline label Label partners with Partisan Records for first signing, Laura Marling
News Reservoir invests in MENA via PopArabia partnership, headed by Spek "I could not have found a better partner to help expand PopArabia and am excited to drive Reservoir’s next steps into new markets.”
News US recorded music revenues hit $11.1bn in 2019 and streaming accounted for nearly 80% of it The RIAA has published its 2019 Year-End US Music Industry Revenue Report
News France’s recorded music market was worth $867m last year, up 5.4% year-on-year Streaming accounted for 59% of total revenue
News Anghami says it’s already been approached by ‘multiple parties’ interested in buying the company Co-founder Elie Habib was recently interviewed by CNN
Analysis It’s happened: The major labels are now generating over $1m every hour from streaming MBW analysis shows that Universal saw recorded music streaming growth in excess of $600m in 2019
News Believe and Nuclear Blast team up to launch Blood Blast Distribution ‘dedicated to extreme music’ Blood Blast provides distribution to over 200 digital streaming and download platforms
News Sarita Borge appointed as Senior Manager at YMU Group Borge joins from First Access Entertainment
News Video games giant SEGA invests in India-based music service Flutin Independent artist-focused platform claims to have over 300,00 daily users
News Republic Records enters strategic alliance with K-Pop Powerhouse JYP Entertainment for TWICE New music to be released worldwide soon
News K-Pop has been streamed for more than 134bn minutes on Spotify since 2014 There have been more than 41bn K-Pop streams on the platform to date
News Norva Denton promoted to Senior Vice President of A&R for Warner Records Denton joined Warner Records in 2018 as Director of A&R
News Tom Lewis & Laura Monks promoted to co-Managing Directors at Decca Records Group Execs promoted as Universal-owned label enters tenth decade
News Def Jam CEO Paul Rosenberg steps down to launch Goliath Records JV with Universal Music Group Exec will continue to serve as a consultant to Def Jam on its legacy artists