Music Business News: Germany

FUGA partners with Germany-based Odyssey Music Network; inks deal with Austria’s Phat Penguin

Deal with Odyssey will see FUGA providing both digital and physical distribution for the company’s roster

BMG revenues increased 25% to €371m in first half of 2022

BMG reports that 60% of its revenues in the first half of 2022 were from publishing, with 40% from recordings.

How best to spend the fruits of the music streaming boom?

Thomas Coesfeld, Chief Financial Officer of BMG, pens an exclusive op/ed for Music Business Worldwide

After going public via SPAC deal, Spotify rival Deezer repositions brand ‘to attract Gen Z’

Company launches marketing campaign to attract younger users to its streaming service

From Warner Music Group’s revenues to Pollen going bust… It’s MBW’s Weekly Round-Up

The biggest stories of the week, brought to you by MBW and Centtrip

Germany’s record business generated $1bn in the first half of the year, up 5.5% YoY

New H1 2022 figures have been published by German Music Industry Association (BVMI)

Deezer to expand in Germany via partnership with broadcaster RTL

Spotify rival looking to employ the same strategy it used in Brazil, Deezer’s No.2 market

SoundCloud slashes a fifth of its global workforce, blaming ‘challenging economic climate’

News comes fives years after SoundCloud's last widespread cut of staff