News NetEase Cloud Music revenues reach $331m in Q3, up 22.5% YoY Cloud Music accounted for 9.7% of parent company’s overall revenue in Q3
Interviews News Artist financing platform beatBread closes $100m fund to ’empower independent artists and labels’ Launched in November 2020, company has made over 500 advances to artists and labels
Analysis News Taylor Swift slams ‘excruciating’ tour presale, as Live Nation addresses Ticketmaster competition concerns Live Nation publishes statement after Ticketmaster site crashes during ‘Verified Fan’ sale for Taylor Swift tour
News From Taylor Swift crashing Ticketmaster to Tencent Music’s 1,000+ AI songs… it’s MBW’s Weekly Round-Up Our biggest stories of the week, brought to you in association with Centtrip
Interviews ‘What I would say I’m proudest of at ADA is the culture. There’s a way in which we do things that, when people join us, they sign up to.’ Howard Corner, Managing Director of ADA at Warner Music UK, is celebrating 30 years in the music industry, and nearly a decade at the helm of Warner UK’s Artist and Label Services division.
News Taylor Swift just crashed Ticketmaster’s site and sold over 2 million tickets. To meet demand, she would have had to play 900 stadium shows. Ticketmaster's site crashed during the 'Verified Fan' ticket sale for Swift's tour
Analysis Blog While in Qatar, gently weep: music and the rancid politics of culture-washing at the World Cup Eamonn Forde gives his views on the upcoming football (soccer) World Cup, and music's involvement
News Merck Mercuriadis slams ‘tragedy’ of UK streaming inquiry outcome for songwriters, as record labels applaud industry’s ‘strong progress’ Representatives for music labels and musicians were quizzed on the Economics of Music Streaming in the UK this week
News Zeon Richards joins Robomagic Live as Vice President Richards joined the promoter in August 2022
Analysis News YouTube Music and Premium surpass 80m paid subscribers That subscriber figure marks a 30 million increase on the last subscriber figure
News Mark Zuckerberg makes 11,000 layoffs at Meta Move was announced by Zuckerberg on Wednesday, November 9
Analysis News Elon Musk says Twitter will soon ‘share revenue with content creators’. Will that include music? Musk says Twitter is planning to host its own longer-form video content – and share revenue with creators
News Record labels win $46.7m damages from US ISP in copyright infringement trial Grande Communications ordered to pay $46.7m in damages to a group of record labels for infringement.
News Firebird’s next big deal revealed: A substantial investment in Transgressive Records Company buys stake in London-based independent label, MBW can reveal
Analysis News Believe’s revenues jumped by 37% YoY in Q3. It’s just raised its FY forecast for the second time this year. Believe is on course to turn over more than €750 million this year, up by around a third vs. 2021