Music Business News: United States

Lindsey Lanier appointed VP, Creative, and Desi O’Meara named Director, Creative at Kobalt

Kobalt today announced the addition of two new creatives to its global publishing team

Downtown to make layoffs across various divisions (report)

Unspecified number of roles will be affected across CD Baby, Downtown Music Publishing, Songtrust and Downtown Music Holdings divisions

$100m-backed rights company AMR Songs launches, acquires interest in catalog of The Lovin’ Spoonful’s John Sebastian

Sources tell MBW that AMR Songs has raised USD $100m in backing from institutional investors

Multimedia Music raises another $100m, acquires catalog of Emmy-winning composer Sean Callery

New investment sees the company grow its funds from $100 million to $200 million

Goldman Sachs predicted the global recorded music biz would generate $27.9bn in 2022. It didn’t. Here’s why.

We're sorry. We're going to talk currency models. It's kinda important.

‘Every artist, no matter how big they are, should have access to the same tools that any big company has.’

How Feature.fm's marketing tools can help artists use viral TikTok moments to grow their streaming audience

Joe Etchells appointed Head of A&R and Artist Development at Various Artists Management

He will work across the company’s artist management, music publishing and label operations

TikTok CEO: ‘Almost half’ of US population uses the app, and a ban would ‘damage’ the country’s economy

TikTok now has 150 million users in the US, up from 100 million it said it had in 2020