Music Business News: Europe

Chris York, one of the UK’s top concert promoters, has died at the age of 55 following a long illness

SJM Concerts' Chris York worked with Oasis, Foo Fighters, Green Day, the Chemical Brothers, Lily Allen, Massive Attack, Robert Plant and many other superstars

Analysis News

Universal Music generated $3.15bn in Q2 – driven by top sellers Taylor Swift, Billie Eilish, SEVENTEEN and more

Universal Music Group has published its financial results for the three months to the end of June

Analysis

Daniel Ek talks new Spotify ‘deluxe’ tier, the company’s relationship with the music business and more on Q2 earnings call

Spotify's Daniel Ek says his business aims to improve the wellbeing of the entire music industry

News

US court orders Utopia Music to pay $1.9M to former owners of Lyric Financial

The financially troubled music company had failed to make the final payment on its acquisition of Lyric Financial

Analysis News

Germany’s recorded music business generated $1.2bn in the first half of 2024, up 7.6% YoY

Germany-based music industry association BVMI has published the market's H1 numbers

News

Indie music labels form ORCA, a think tank for ‘recorded culture and arts’

ORCA's goal is to equip policymakers, business leaders, and communities with a deeper understanding of music's significance

Analysis News

Spotify subscriber base grew by 7m to 246m in Q2, as streaming company posts ‘record high’ quarterly profit

Spotify posted an operating income of €266 million (USD $286.402m ) in Q2

Interviews

‘Labels owning masters in perpetuity is criminal, quite frankly.’

Jungle manager Sam Denniston offers his thoughts on dinosaur record deals, TikTok, AI, going easy on DSPs and how his own neurological condition has and hasn’t impacted his career…