Music Business News: Europe

Federica Tremolada promoted to General Manager for Europe at Spotify, as Michael Krause exits after 7 years

Krause joined Spotify in October 2017

Joanna Kalli elevated to Managing Director, Commercial Group, at Sony Music UK

The promotion comes as Sony Music's catalog continues to expand, including potentially with the addition of rock legends Queen

‘We were of that time, and everything was absolutely wonderful.’

Pete Bellotte on how he helped define disco and set the tempo for modern electronic dance music

Spotify hit with class action lawsuit over discontinued ‘Car Thing’ device

Consumers who purchased the device “are left with nothing more than a paperweight that cost between $50 and $100"

Sony Music in talks to acquire Queen catalog in potential $1bn deal (report)

Potential deal would become one of the biggest single-artist music catalog sales in history

Three quarters of all royalties generated by UK artists on Spotify in 2023 came from listeners outside of the UK

Spotify has recently broken out streaming royalty data for a bunch of individual markets in Europe

Firebird signs physical sales and distro deal with Proper Distribution

The agreement will see Proper offer its services to Firebird's network of labels, artist management companies and other creative businesses

PRS for Music paid out a record $1.2bn to songwriters, composers and music publishers last year

Total royalty distributions increased by 12.8% YoY