Music Business News: United States

From Universal’s new board to Warner’s David Bowie partnership: It’s MBW’s Weekly Round-up

The biggest stories of the past five days – and why they matter

Martin Bandier, SESAC’s John Josephson, and Guy Oseary’s Sound Ventures join $5m funding round for blockchain streaming service Audius

The Chainsmokers, Nas, Jason Derulo and Pusha T also invest in platform

Would AWAL really have thrived had it not been sold to Sony Music?

MBW crunches the numbers on AWAL, and asks if the UK competition watchdog is looking in the right direction

Lyrics firm Genius acquired for $80m by MediaLab

Genius is a lyrics database, editorial publisher, and digital media company founded in August 2009.

David Bowie’s entire catalog is coming to Warner Music from 2023

Bowie estate strikes deal to license entirety of icon's recordings to Warner across the globe

Dance music NFT platform RCRDSHP closes multi-million dollar seed round, backed by the buyers of $69m Beeple digital art piece

RCRDSHP collectibles are built on the Flow blockchain

Fintech firm Centtrip expands into the United States

Firm has opened an office in Miami Beach, Florida

‘TikTok is running everything.’

Frank Harris on how Jason Derulo reinvented himself on TikTok - and the keys to building a billion dollar brand