Music Business News: United States
News Exec was most recently Senior Manager, Creator Acquisitions & Development for Amazon’s live streaming service Twitch
News Bennett joins as Executive Vice President, Lord joins as Executive Vice President, Content Creation and Patrick Joest named Head of Synchronisation
News Sony Music Masterworks is continuing its campaign of acquisitions in the live music space
News Series A funding round led by a16z crypto.
News Shutterstock and OpenAI inked their original deal in 2021
Analysis News On-demand song streams (including audio and video streams) grew 15% YoY to 713.5bn in the US last year, while on-demand audio streams grew 13.5% to reach 616.5bn
Analysis News Figure is roughly equal to the entire catalog of tracks available on Spotify
News CEMM's acquisition of White Stork follows its eight-figure deal with pop songwriter and producer Jamie Hartman in May