Music Business News: Europe

XL's small but heavy-hitting catalog has made it an impressively profitable record company

The biggest stories from the past week – all in one place…

On Monday (August 19), TikTok revealed its Top 10 Songs of the Summer for the US and globally

TikTok promotes execs to key roles covering the UK & Ireland, EMEA, and SSA regions

Blackstone officially acquired Hipgnosis Songs Fund from its public shareholders in July

Behm will continue to be based in Berlin and will report to Daniel Lieberberg, President, Sony Music Continental Europe and Africa

“It’s clear that the music industry needs to do more to help the next generation of storytellers get on their feet..."

The music industry has had successes in taking down streaming fraud and stream ripping sites in Germany, Canada and Brazil