Music Business News: United Kingdom

In key markets outside the US, TikTok’s revenues soared 75% to $4.6bn last year, but losses widened amid $1bn in legal costs

TikTok's massive increase in European, LatAm and African revenue was more than offset by a sharp spike in expenses

Chorus TM sponsors prestigious Management Company category at next month’s Music Business UK Awards

New specialist financial management platform backs category named in honor of Robbie Williams' legendary manager, David Enthoven

News

Ex-Spotify UK & Ireland boss Tom Connaughton joins independent UK distributor Canvas Music as Partner and Senior Advisor

Canvas has also signed a long-term joint venture with US-based Symphonic Distribution

Interviews

Jason Iley on Sony Music, breaking artists, and life lessons

Having recently marked his 10th year as boss of Sony Music UK, Jason Iley will be honoured with the Music Industry Trusts (MITs) Award in November in London. Here, Iley glances back over his career and life to date – while looking forward to a new chapter for the global music business…

Interviews

‘Don’t be afraid to make mistakes, it’s all part of the journey.’

The latest interview in partnership with the Did Ya Know? podcast shines the spotlight on Lunick Bourgess

News

Chris Moncada promoted to Chief Operating Officer of MNRK Music Group

Exec is based in Toronto and will work across various MRNK offices in New York, Nashville, Toronto, and the UK

News

Coldplay launch exclusive TikTok ‘MOON MUSiC’ in-app experience

Coldplay become latest artists to launch an interactive in-app experience on TikTok

News

Niamh Byrne and Jill Hollywood named as Chair and Vice-Chair of the UK’s MMF

Theory Management’s Hide Whone will also join the MMF board