Music Business News: United States

Massarsky Consulting, which valued music assets worth over $6.5 billion last year, has been acquired by Citrin Cooperman

Barry Massarsky founded Massarsky Consulting in 1992 – now he and Nari Matsuura are joining Citrin Cooperman

Ari Gelaw named Vice President, Creative at Sony Music Publishing

Gelaw will be responsible for advancing songwriter development across Sony Music Publishing’s US roster

Pharrell Williams, Justin Timberlake join $620m investment round in online security firm 1Password

Series C round raises the company’s valuation to $6.8bn

Lindsay Wagner joins UTA as Chief Diversity Officer

Exec to drive the company’s diversity, equity, and inclusion initiatives

Hipgnosis and Blackstone acquire 80% of Kenny Chesney’s recorded music royalties

Country superstar inks deal that also covers his neighboring rights and SoundExchange royalties

Netflix raises prices in the US (again). Will Spotify refuse to follow (again)?

Netflix has raised its prices six times since 2014. Spotify has not kept up.

Sync licensing company Cuesongs joins forces with Big Sync Music

Two Songtradr-owned companies to join under Big Sync Music name

Spotify is still king of global streaming subscription – but it’s losing market share

New stats from Midia show that Spotify had a 31% share of the subscription market at the end of Q2 2021