Music Business News: United States

Tunji Afonja joins Symphonic Distribution as Creative Executive

Afonja is the former Chief Digital Officer at Mavin Records

3 things we learned from Daniel Ek on Spotify’s Q2 investor call

A wobble in active users, an ambitious plan for total creators on the platform... and a bullish attitude to ads

From Universal’s massive Q2 to Spotify outpacing Netflix: It’s MBW’s Weekly Round-Up

The biggest stories of the past five days – and why they matter

Music technology company VNUE to acquire livestream platform Stageit

Platform has over 58,000 performers and over 900,000 users from 135 countries

Music licensing startup Slip.stream raises $3.25m

Round was led by Third Prime with participation from LightShed Ventures, Operator Partners, and Dash Fund.

Range Media Partners inks global distribution deal with Capitol Music Group and Virgin Music for new label

Agreement spans all physical and digital distribution

Reservoir is now a public company, as it successfully floats on Nasdaq via SPAC merger

""As we focus on our growth, our listing on Nasdaq provides us the resources to execute on our penetration into emerging markets and continue rapidly with our strategic acquisitions."

Stephanie Cox and Jesse Willoughby promoted at Kobalt

Cox becomes GM of Kobalt's Nashville office, while Willoughby takes on the role of SVP of Business Development