Music Business News: North America

MTV co-founder John Sykes steps down from Shazam board after 5 years

Second major departure from board this year after Brent Hoberman

Sirius XM subscribers hit 30.6m as it adds 2.2m users in a year

587,000 net new subscribers added quarter-on-quarter

Warner artists set to appear on Vevo – but not on its YouTube platform

Sources say major has not taken any equity in platform

Randy Phillips to be named CEO of SFX Entertainment, say sources

Exec left Global Entertainment in September after just seven months

This Kobalt-managed fund has spent $200m on music rights in 5 years

Kobalt Music Copyrights is doing big business in the music industry... but why?

Beatport ‘dramatically improves profitability’… by dropping streaming

SFX reverts to download-only storefront, starts making money again

Nettwerk sells 30-year-old publishing catalogue to Kobalt investment fund

Nettwerk CEO Terry McBride explains to MBW why he's sold - and where the money's going

Is YouTube really the music business’s biggest problem?

StubHub and Live Nation are doing a roaring trade from secondary ticketing