Analysis News Sony Music earned $1.2bn from streaming platforms in 2016 Major label is now generating around $167k every hour from Spotify, Apple Music et al
News Flipagram sold to Chinese news app company Toutiao The deal aims to grow Flipagram’s customer base through recommendation and improve its in-app experience
News The Royalty Network renews administration deal with Imagem in Germany Imagem Music GmbH will continue to administer TRN's publishing rights in Germany, Austria and Switzerland
News Spain’s recorded music market grew in 2016… but by just €3.5m Spain's digital business exceeded €100m in 2016, representing 61% of the market, according to forecasts
News Why did Sprint pay $200m for TIDAL? Sprint, majority-owned by Japanese giant Softbank, believes it can help TIDAL grow "substantially"
News SOCAN, CD Baby, SongTrust and FUGA back dotBlockchain Partners will contribute technical and financial resources to the project
News MBW was read by 1.8m users last year, generating 4.4m page views Website traffic jumps 67%; MBW's email services now reach 30,000 subscribers
News Jordan Jay joins Virgin EMI as Senior A&R Manager Exec will continue to run Karma Artists in conjunction with new role
News Ben Vaughn promoted to President of Warner/Chappell Nashville Popular exec joined Jon Platt's publisher in 2011 from EMI
Analysis News SoundExchange payouts grew 10% to a record $884m last year Organization distributed nearly half a billion dollars in second half of 2016
News SOCAN revenues grew 8% in 2016 as it paid out over $200m to songwriters and publishers Society breaks records, but income-to-distribution ratio increases
News Eventbrite acquires self-service ticketing rival Ticketscript Move makes Eventbrite Europe's third-largest ticketing supplier
News Randy Jackson joins Faction Entertainment’s growing ‘management services’ roster Robb McDaniels' new company now works with 25 managers in total
News CODA launches JV with Independent Talent Group to invest in live projects ITG's clients include Steve Coogan, Danny Boyle and Colin Firth
News Guild of Music Supervisors expands into the UK market Los Angeles group is setting up shop in London. Could a UK-specific awards be on the cards?
News After 15 years of decline, France’s recorded music market returns to growth Stéphane Le Tavernier celebrates the beginning of a turnaround story for the global industry
Analysis How Facebook can go from villain to hero: Pinch Vevo from YouTube Why the music business's own video channel could be the key to helping Mark Zuckerberg
News BMG paid $100m for Broken Bow in ‘significant milestone’ for its business Buyout gives company a strategic recordings foothold in Nashville