Music Business News: Netherlands News Spinnin’ Records restructures marketing department, highlights long-term focus on Web3 and NFTsSpinnin' has named Susanne Hazendonk as Spinnin’ Records’ VP of Marketing News Universal Music Group assigned Baa1 and BBB long-term credit ratings by Moody’s and S&P'We are pleased that, in the inaugural ratings since our public listing, the rating agencies have recognised our strong credit attributes,' said Boyd Muir, UMG's EVP, CFO and President of Operations News Universal Music Group revenues hit $2.46bn in Q1 2022Top sellers for the quarter included releases from Disney’s ‘Encanto’ Soundtrack, King & Prince, The Weeknd, Fujii Kaze and Ado News Sonos strikes $100m deal to buy Netherlands-based speaker firm MayhtSonos has acquired Mayht for approximately $10m in cash News As vinyl sales soar, European pressing plant Record Industry and Bertus Distribution join forcesThe combined entity says that its pressing capacity will be "practically doubled" to around 25 million units per year News Confirmed: Universal IS disregarding unrecouped balances for heritage artistsUMG launches 'worldwide goodwill program for certain legacy featured recording artists and songwriters' Analysis Every 2 hours, the major music companies now jointly generate more than $5 millionMBW crunches last year's fiscal numbers... and finds the majors piled on $4 billion in annual revenue News ‘The catalog deals market in Europe will continue to accelerate.’Hein van der Ree tells MBW about how €100m-backed Pythagoras Music Fund fits into the music rights acquisitions market...1 2 … 16 Next
News Spinnin’ Records restructures marketing department, highlights long-term focus on Web3 and NFTsSpinnin' has named Susanne Hazendonk as Spinnin’ Records’ VP of Marketing
News Universal Music Group assigned Baa1 and BBB long-term credit ratings by Moody’s and S&P'We are pleased that, in the inaugural ratings since our public listing, the rating agencies have recognised our strong credit attributes,' said Boyd Muir, UMG's EVP, CFO and President of Operations
News Universal Music Group revenues hit $2.46bn in Q1 2022Top sellers for the quarter included releases from Disney’s ‘Encanto’ Soundtrack, King & Prince, The Weeknd, Fujii Kaze and Ado
News Sonos strikes $100m deal to buy Netherlands-based speaker firm MayhtSonos has acquired Mayht for approximately $10m in cash
News As vinyl sales soar, European pressing plant Record Industry and Bertus Distribution join forcesThe combined entity says that its pressing capacity will be "practically doubled" to around 25 million units per year
News Confirmed: Universal IS disregarding unrecouped balances for heritage artistsUMG launches 'worldwide goodwill program for certain legacy featured recording artists and songwriters'
Analysis Every 2 hours, the major music companies now jointly generate more than $5 millionMBW crunches last year's fiscal numbers... and finds the majors piled on $4 billion in annual revenue
News ‘The catalog deals market in Europe will continue to accelerate.’Hein van der Ree tells MBW about how €100m-backed Pythagoras Music Fund fits into the music rights acquisitions market...