News Disney shuts down metaverse division amid restructuring – report Move affects around 50 employees, The Wall Street Journal reported on Tuesday (March 28)
News Hipgnosis acquires ‘Despacito’ co-writer Erika Ender’s catalog Hit song was written alongside Luis Fonsi and Daddy Yankee
Analysis News BMG annual revenues jumped 30.6% to over $900m in 2022, as it spent $400m on catalog acquisitions Annual EBITDA expands to top $200 million at Bertelsmann-owned music company
Interviews ‘It’s about time we rethink promotion.’ Robin Hammouti, VP, Head of Marketing & Partnerships at France-based music promotion platform, Listn, tells us how the new platform works, and addresses challenges in the promotion space
Analysis The major record companies release around 3,900 tracks every day. Their problem? That’s a drop in the ocean. The major music companies release only 4% of the daily deluge of tracks hitting audio and video streaming services, new data shows.
Interviews ‘Bad Bunny and Rosalia are just the tip of a very large artistic iceberg. The creative force of Latin Music is unstoppable.’ In this feature, we speak to Nando Luaces, CEO of Madrid-based distributor and Latin Music specialist Altafonte
News Apple Music Classical streaming app officially launches App is now available worldwide where Apple Music is offered
News Turntable LIVE raises $7m in seed round to launch social music platform Round was led by Founders Fund and f7 Ventures
News France becomes latest country to ban TikTok on government devices Ban applies to 'recreational apps' including Twitter, Instagram and Netflix
News Downtown to make layoffs across various divisions (report) Unspecified number of roles will be affected across CD Baby, Downtown Music Publishing, Songtrust and Downtown Music Holdings divisions
Analysis Blog By royal disappointment: Why the coronation will present British pop at its most anaemic This op/ed comes from long-time music industry journalist Eamonn Forde.
News $100m-backed rights company AMR Songs launches, acquires interest in catalog of The Lovin’ Spoonful’s John Sebastian Sources tell MBW that AMR Songs has raised USD $100m in backing from institutional investors
Interviews ‘Every artist, no matter how big they are, should have access to the same tools that any big company has.’ How Feature.fm's marketing tools can help artists use viral TikTok moments to grow their streaming audience
News TikTok CEO: ‘Almost half’ of US population uses the app, and a ban would ‘damage’ the country’s economy TikTok now has 150 million users in the US, up from 100 million it said it had in 2020
Interviews ‘I think I screamed, ‘F*** yeah!’, which may not have been the most appropriate thing to do.’ Ben Persky and Mason Klein, co-founders of Mixed Management, discuss their journey to Grammy success with Tobias Jesso Jr