Music Business News: Germany

The modern record industry is moving into its ‘cut to grow’ phase.

On layoffs at Warner Music Group and BMG, and an upcoming cost savings program at Universal Music Group

As YouTube launches new ‘Top Songs on Shorts’ chart, Lyor Cohen says ‘Shorts and music are symbiotic’

Platform's first-ever Shorts chart will showcase the most popular music on the short-form video platform in real time

‘When we show the artist something they don’t remember, and it all comes back to them. We get to witness that moment, that’s precious for us – and that’s also when we know the fans are going to lose their minds.’

Aviator talks 15 years of working with legends, taming the wild west and why the industry isn't prepared for a boomer-based digital tsunami

TikTok’s $1bn creator fund to shut down in the US, UK, Germany, and France starting next month (report)

Platform is inviting creators to join its ‘Creativity Program’

From HYBE’s $400m+ in Q3 to Kobalt’s partnership with Morgan Stanley… it’s MBW’s Weekly Round-Up

The five biggest stories to hit our headlines over the past seven days

MBW+, a new Premium offering from Music Business Worldwide, is launching on Wednesday. This code gets you 25% off your first year.

Only MBW+ subscribers will have unlimited access to Music Business Worldwide analysis and data

BMG, following ‘more efficient and more effective’ strategy under new CEO Thomas Coesfeld, reorganizes structure; around 40 staff cut

MBW obtains internal note that confirms a range of changes at Bertelsmann-owned company

BMG forms alliance with Universal Music Group; plans to move physical distribution to UMG’s Commercial Services division

BMG says other collaborations with UMG are also under discussion