Music Business News: United States

From Universal’s billions to Deezer’s new Board Director… it’s MBW’s Weekly Round-Up

The biggest stories on MBW from the past seven days

Milk & Honey signs trio of new clients, all songwriter/producers behind chart hits: JHart, The Elements, and Alexis Kesselman

M&H founder, Lucas Keller, calls JHart "one of the greatest songwriters and voices in the business"

Universal Music Group generated more than $1bn per quarter, on average, from recorded music subscription streaming in 2022

UMG posts double-digit YoY growth (just!) in its recorded music subscription streaming revenues

Shamal Ranasinghe appointed Chief Business Officer at Web3 music streaming platform Audius

Exec joins Audius from SiriusXM/Pandora

Scooter Braun and HYBE want to build a ‘major’ music label. How will their $300m bet on Quality Control play into that aim?

An in-depth look at the biggest music industry deal of 2023 so far

Mojo Music & Media buys several catalogs, including hits recorded by Duran Duran and Jennifer Lopez

Company has acquired a series of separate catalogs that collectively include 30 chart hits spanning seven decades

Tuned Global acquires AI-powered music tech and DJ app company Pacemaker

Pacemaker holds several patents for its proprietary AI technology

House panel approves bill that could lead to total TikTok ban in the US

TikTok has around 100 million users in the US