Music Business News: North America

Ex-Spotify CFO Barry McCarthy named new Peloton CEO, as firm cuts 2,800 jobs in ‘restructuring program’

Former Spotify CFO steps in as Peloton co-founder steps down

Carly Mann named Executive Vice President, Marketing, at Three Six Zero

Mann joined Three Six Zero in 2015 as part of Calvin Harris’s management team

Confirmed: The 3 major music companies jointly generated over $20bn last year (that’s over $2m per hour)

MBW crunches the 2021 numbers, and discovers a banner year for music's biggest players

Alice In Chains members Jerry Cantrell, Sean Kinney, Mike Inez and William Duvall sell rights to Round Hill Music

Catalog comprises 94 compositions and 159 recordings

Warner Music Group generated nearly $1bn from streaming last quarter

WMG has published its quarterly results (for fiscal Q1 2022, but calendar Q4 2021)

Alex Branson joins Beatport as Senior Vice President of Music Services

Branson will be based in London

LaTrice Burnette appointed Executive Vice President, Def Jam Recordings / President, 4TH & Broadway

Burnette to bring the 4TH & Broadway label from Island to Def Jam Recordings

Warner Chappell: Spotify, Google and Amazon are paying songwriters an ‘appallingly low’ rate in the US

Warner Chappell's co-chairs slam streaming pay rate for songwriters