Music Business News: United States
News Fund has invested in over 120,000 songs across 51 catalogs News Deal marks company's first-ever acquisition of a music catalog Analysis News Sony Music Publishing remained the market leader with a 24.9% share News Spotify's Monthly Active Users reached 515m at the end of Q1 2023 News Pérez will be based in Miami and report to Roberto Andrade Dirak, Managing Director, Warner Music Latina News Peermusic and Malcolm McLaren's estate claim they are owed an 8% cut of royalties due for a sample used in the hit track Analysis A recent Edison Research report broke down why there may be a big opportunity for Daniel Ek's company amongst the 55-plus crowd in the States News Reach buys both the master and publishing rights of Rocka Rolla and Sad Wings of Destiny from Gull Entertainments