Music Business News: United States

From Kobalt’s profitability to Scooter Braun’s new job: It’s MBW’s Weekly Round-Up

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

Jenni Pfaff promoted to SVP, Head of Global Strategic Integration and Operations at Warner Chappell Music

Jesse Dang has also joined as Senior Vice President of People

Brian Nolan appointed Executive Vice President and EVP, Marketing at Motown Records

In this new role, Nolan joins the label’s executive leadership team and will help guide the company

Indie labels loathe Spotify’s Discovery Mode – but DIY giants are loving it

Believe and TuneCore have been testing Spotify's Discovery Mode tool

Christian Johnson promoted to Senior Director of A&R at Hipgnosis Songs Group

Hipgnosis own a music catalog worth over $2.2 billion

Livestream startup Mandolin closes $12m Series A funding round

Company was formed in June 2020

Kobalt: We are profitable

Firm makes announcement as MBW gets its hands on firm's FY2020 financials

Tuned Global inks deal with Silicon Valley and Hong Kong-based social media app LYKA to power its new music streaming feature

LYKA has 6 million users