Music Business News: United States

Deadmau5 and Richie Hawtin raise $4.5m to build ‘the leading music metaverse’

Could PIXELYNX build music's definitive metaverse?

Jenna LoMonaco appointed Head of US Marketing at ONErpm

LoMonaco has worked with Mumford & Sons, Phoenix and Childish Gambino

FADER Label launches distribution division

Division is working with five artists: Kim Tee, Origami Human, Eddie Burns, Pauli The PSM and Slaters

Universal vs Spotify: Which of music’s two giants will be worth more at the end of 2021?

It's neck-and-neck right now, with Universal $7 billion ahead of Spotify following a damaging wave of headlines about stand-up comedians

From BMG’s Mötley Crüe catalog buy to the UK’s rejected music bill – It’s MBW’s Weekly Round-Up

The music industry's biggest few stories from the past week, and why they matter

YoungBoy Never Broke Again was SoundCloud’s Top Artist in 2021

SoundCloud Playback highlights the platform's highest achieving artists and tracks

Major record companies are losing market share on Spotify. But Spotify is gaining market share in Warner’s own revenues.

Spotify, Apple, and YouTube contributed 42% of Warner Music Group's annual revenues in FY2021 between them

Kobalt is shorn, reborn… and still full of scorn (for those who keep money from songwriters)

Willard Ahdritz and Laurent Hubert explain Kobalt's sell-offs, and why they're coming for collection society wastage