News BMG extends digital licensing deal with GEMA to 48 more territories The deal has extended to territories such as Russia, Turkey, the Middle East and Africa
News Alex Hill upped to AEG Europe’s CEO & President as Tom Miserendino steps down Alex Hill, AEG Europe’s Chief Operating Officer and Chief Financial Officer will succeed Miserendino on January 1, 2019
News Facebook expands music offering for users and artists Facebook is expanding its music offering via Facebook Stories, Lip Sync Live and profiles
News Pandora hires Brad Minor as VP, Head of Brand Marketing and Communications Minor will split his time between Pandora’s headquarters in Oakland and its New York City offices.
Analysis News Spotify has lost $9bn in market cap value in less than three months A rough time for tech stocks has badly damaged streamer's valuation
News Spotify UK hires Christie Driver-Snell as Editor for Dance Music Ex-Rinse exec will report into Austin Daboh, Spotify's Head of Shows and Editorial in the UK
News Believe buys one of Europe’s biggest independent distributors – Germany’s Groove Attack Believe is in contention to become the largest independent music company in Germany
News LyricFind inks licensing deals with Brazil’s main publishers and PRO These partnerships include digital distributor, ONErpm and publishers like Som Livre and MK Music
News SiriusXM posts record $1.5bn Q3 revenue, hits 33.7m subscribers The company's net income totaled $343 million in Q3 2018
News Warner completes $180m acquisition of merch company EMP The deal was was cleared by regulators on October 10
News Pandora ‘goes shopping’ for another buyer, but sticks with SiriusXM Streaming company confident its $3.5bn deal will go ahead
News Universal hires NFL executive Jaime Weston as EVP of Consumer Marketing The newly-created role will see Weston develop a consumer engagement platform for UMG
News Newly independent IMPEL to select Board at first AGM Publishers’ digital licensing organisation became independent from MPA in April 2018
News Universal, Sony and Warner reach ‘tentative’ three-year deal with SAG-AFTRA The new agreement is retroactive effective January, 1, 2018 and expires December 31, 2020
News Anyone can now get playlisted on Spotify (sort of…) Spotify's playlist submission feature is out of beta after music is submitted by 67,000 artists since July
News SoundCloud partners with Instagram, integrates with Stories feature The new feature enables Instagram users to share tracks from SoundCloud to their Instagram 'Story'
News Sony declines to submit concessions to EC over proposed $2.3bn EMI Music Publishing buyout Proposed deal values EMI Music Publishing at $4.75 billion
News Songwriters Julian Bunetta & John Ryan ink deal with Big Deal Music Group for Big Family Music Publishing Damon Bunetta and Big Deal partner Casey Robison will be co-CEOs of the new enterprise.