Music Business News: South America

Renato Vanzella promoted to General Manager of LATAM at Downtown-owned FUGA

Exec was formerly FUGA’s General Manager of Brazil

TikTok Music closure a win for Spotify, says Deutsche Bank

Deutsche Bank says that TikTok Music closing down is "a clear positive for Spotify"

TikTok to shutter music subscription service TikTok Music in November

Service is currently live in five territories including Australia, Brazil, and Indonesia

From the Oasis ‘dynamic pricing’ controversy to Spotify’s Eminem lawsuit victory… it’s MBW’s Weekly Round-Up

The biggest stories from the past week – all in one place…

The US music streaming market might be feeling less-than-fizzy, but over in Brazil… it’s still party time.

After last week's deflating numbers from the RIAA, Brazil's local trade body has some good news for record labels

Warner Music Brazil restructures, with Tatiana Cantinho named General Manager and Mariana Frensel appointed Director of Marketing

Changes have been designed to "turbocharge" company's presence across a range of the country’s domestic genres

‘Operation Redirect’: Brazil cracks down on music piracy sites spreading malware

IFPI and Pro-Música Brasil collaborated with law enforcement to take down 12 piracy sites that were also spreading malware

Over half of TikTok’s biggest global tracks of the summer are independently distributed

On Monday (August 19), TikTok revealed its Top 10 Songs of the Summer for the US and globally