Music Business News: North America

Warner Music achieves fourth straight quarter of double-digit subscription streaming growth as calendar Q3 revenues hit $1.63bn

Warner Music Group has published its financial results

Spotify gains profitability… but loses the argument.

MBW founder Tim Ingham on Spotify's new-found profit margin, its relationship with songwriters, and Netflix

Warner’s ADA and regional Mexican music specialist Elegante Records ink global distribution deal

Elegante's roster includes artists such as Conjunto Rienda Real, La Pócima Norteña, and Distinto Norte

Concord unveils inaugural advisory board

Darien Dash, Marc Geiger, Tom Whalley and Jake Wisely will be among the members of the advisory board headed up by Scott Pascucci

‘Super-Premium’ music subscription tiers coming in 2025, and 3 other things we learned from Universal Music’s Boyd Muir at the Morgan Stanley conference

UMG has 1,300 stores in its direct-to-consumer business, and the profit margins are huge

Evan Bogart’s Seeker Music acquires The Wombats publishing catalog

Company has acquired the publishing rights to the band's first four albums

Bell Partners and Larrosa form strategic alliance, backed by $350m in investments, to acquire music catalogs and companies

Bell Partners was founded by veteran writer, producer and executive Hayden Bell

After raising $165m at a $1bn valuation, Create Music Group acquires UK-based label Ostereo

Ostereo founder Howard Murphy to exit the company