Analysis News US recorded music industry revenues hit $17.1 billion in 2023 The RIAA reports that on a retail basis, recorded music revenues in the US grew 8% YoY in 2023
News BMG annual revenues hit $979m in 2023, up 4.6% YoY; EBITDA flat at $210m BMG's EBITDA margin stood at 21.4% in 2023, down slightly from the 22.5% margin it posted in 2022
Interviews ‘Majors and independents have the same end goal. Being aligned on how we get there, and garnering the same respect from different services, is crucial to that.’ Emily Stephenson, President of Publishing at Downtown Music, talks about her career path, her work/life balance and the evolution of publishing
News Adriana Ramos named Managing Director, Brazil at Universal Music Publishing Group Ramos replaces longtime Brazil MD Marcelo Falcao
News Joni Mitchell’s music is back on Spotify, a week after Neil Young’s music returned to the platform Move comes more than two years after both artists removed their catalogs from Spotify
News Musixmatch partners with AI company Runway to let artists generate AI-powered lyric videos The tool can also directly export the compositions as 30-second clips to create assets for social media, and Spotify Canvas.
News Tencent Music President and Chief Technology Officer Zhenyu Xie to exit Exec will continue to be involved with TME in a consulting capacity
Analysis News From the ‘secret’ composer behind 650 fake artists to BandLab’s 100m users… it’s MBW’s Weekly Round-Up This week's biggest stories...
News Streaming fraud leads to prison sentence for Danish man in case called ‘historic’ by artists’ groups Streaming fraud and manipulated audio are two of the biggest headaches in music today, and a criminal case shows how the two go hand in hand
Music Business Jobs WARNER MUSIC GROUP Warner Music Group – General Manager, Emerging Markets (UK) Seeking an enthusiastic and accomplished business leader, with demonstrable experience of growing revenue streams and/or market share.Job type: OperationsLocation: London, United KingdomApplications for this position have now closed.
News BMG Chief Content Officer Dominique Casimir steps down Exec to exit her role after 15 years with the company
News Indie artists shift to artist-centric payments on Deezer, as streaming service signs new deal with Merlin Merlin joins a growing list of music companies to sign up for Deezer's innovative new royalty payment model
Analysis News Still not convinced about TikTok’s AI music ambitions? This web of patents and trademarks will change your mind. MBW has uncovered a series of US patents and trademark applications filed by a mysterious ByteDance affiliate
News Music licensing platform WavMaker launches with $5m seed funding The startup says it seeks to help video creators streamline the process of finding high-quality music for video projects
Analysis Blog How DSPs can bring about a new music altruism The following op/ed comes from long-time music industry journalist Eamonn Forde