Music Business News: Netherlands

Downtown forms new division to house global services, headed up by Fuga CEO Pieter van Rijn

Pieter van Rijn named President of new division

Niels Walboomers appointed President, Records and Publishing, Benelux at Warner Music Group

Exec succeeds Martin Jessurun who steps down as President of Warner Music Benelux, and Arno Van Berkel, who exits as MD of Warner Chappell Music Benelux

Analysis News

Sir Lucian Grainge on streaming growth, catalog deals and the balance of power between labels vs. DSPs

Universal's Chairman and CEO participated in a Q&A session at the Goldman Sachs Communacopia + Technology Conference

News

Strange Fruits rebrands to Fruits Music, plans launch of its own subscription app

The rebranding coincides with the company’s fifth anniversary this year.

Analysis News

Bill Ackman’s Pershing Square: Universal Music Group can grow by 10%+ every year ‘for more than a decade’

Report from Pershing Square makes bullish observation on UMG's future

Analysis News

Sir Lucian Grainge on Universal’s new deal with Meta – and his belief that investment banks don’t ‘have the skill-sets or ability to exploit music rights’

Grainge was joined by Michael Nash and Boyd Muir on a call with analysts last week

Analysis News

Universal Music Group generated $2.7 billion in Q2; recorded music subscription streaming revenue grew 7.0% YoY

BTS were UMG's biggest-selling artist globally in Q2 2022

News

Exceleration Music acquires Heroic Music Group catalog

Heroic has managed the careers and released music from artists such as TikTok creator Ark Patrol, Unlike Pluto, rei brown, Stephen, San Holo, DROELOE, and Taska Black