Sir Lucian Grainge In The News

Germany’s recorded music business generated $2.58bn in 2024, up 7.8% YoY

Streaming alone saw growth of 12.6% YoY and accounted for 78.1% of music revenue

After paying out nearly 1,500 advances of between $1,000 and $10m+ to date, and with access to ‘hundreds of millions of dollars’ in funding, beatBread launches Deal Comparison Tool for indie artists and labels

beatBread CEO Peter Sinclair on why and how the company developed its data-driven comparison tool

On… Universal’s Asian Adventure

MBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to major recent entertainment events or news stories.

News

Spotify to launch ‘Music Pro’ service with superfan perks like early-access tickets and AI remix tool… for up to $5.99 more per month (report)

Spotify's long-touted $18 per month superfan tier could be launched this year

News

Universal acquires majority stake in Japanese music company A-Sketch

A-Sketch operates as both an artist management business and record label

Analysis News

From Warner’s Spotify and Amazon deals to Sir Lucian Grainge’s 2025 memo… it’s MBW’s Weekly Round-Up

The biggest stories from the past week – all in one place…

News

Julie Adam promoted to CEO of Universal Music Canada; Jeffrey Remedios appointed President, Strategic Development, for REPUBLIC Collective

Both appointments are effective immediately

News

Mike Harris named CEO of UMG Nashville; Dave Cobb appointed Chief Creative Officer

Cindy Mabe, Chair and CEO of UMG Nashville since April 2023, is leaving the company "to pursue new opportunities".