Music Business News: United States

News Uncategorized

Blockchain music platform Opulous launches fund to buy copyrights

The project – or Opulous Royalty Vault – operates via a new set of tokens called OVAULT.

The US music publishing industry generated $4.7bn last year – but the record industry grew twice as fast

The music publishing industry grew annual revenues by around $700m in the States last year; the record industry jumped up by $1.8 billion

Jason Johnson promoted to Senior Vice President of Marketing and Brand Strategy at Audiomack

Johnson first joined Audiomack in 2018 as a Senior Marketing Consultant

Three Six Zero acquires stake in management company Forward Motion Artists

Forward Motion Artists is run by Jazz Spinder

Kobalt Music Group in talks to sell majority stake to Francisco Partners, say MBW sources

Francisco Partners acquired a majority stake in Native Instruments earlier this year

David Gray promoted to expanded role as Head of newly-formed UMPG Global Creative Group

UMPG says that the Global Creative Group is a team of senior A&R executives across key territories

After filing trademark applications for KINGSHIP in the US, Universal expands NFT brand into confectionery business via M&M’S deal

Deal follows the filing of various trademark applications for the KINGSHIP name in the US

iHeartMedia’s latest metaverse move is the launch of ‘iHeartLand’ in Fortnite, and a virtual Charlie Puth concert

Media giant to launch 'iHeartLand' inside Epic Games' hit video game