Analysis News From HYBE’s $400m+ in Q3 to Kobalt’s partnership with Morgan Stanley… it’s MBW’s Weekly Round-Up The five biggest stories to hit our headlines over the past seven days
Analysis Talking ‘garbage’: How can Spotify and co sort the dregs of the music business from the hidden treasures? On Sir Lucian Grainge's bluntness, Believe's rebellion, and why a careful balance is required to find a true 'artist-centric' formula
News Concord acquires Round Hill’s UK fund, after $469m sale was approved by latter firm’s shareholders last month Deal includes over 150,000 songs and 51 catalogs
News Warner Chappell Music renews partnership with hit songwriter Rick Boardman He has written songs that have received more than five billion streams on Spotify alone
News Morgan Stanley is investing more than $700m to buy music copyrights in partnership with Kobalt Deal represents a return to managing investment for outside capital for Kobalt, which sold $1.4 billion in portfolios in past few years
Interviews Scott Cohen on his optimism for the music industry – and JKBX’s ‘transformative’ launch The CEO of new music trading platform speaks to MBW about the future for JKBX and much more
News TikTok strikes global deal with DistroKid for indie artists to upload music to TikTok Music and CapCut The deal will see music distributed by DistroKid available across TikTok Music, CapCut, and in TikTok's Commercial Music Library
News Personalized music for games company Reactional Music strikes deal with Defected Records Defected has licensed the masters for a selection of tracks from its wider catalog for use on Reactional’s music delivery platform and personalization engine
News Mike Caren joins Futureverse AI text-to-music venture JEN as a founding Partner Futureverse raised $54m in a series A funding round this summer from backers including 10T Holdings and Ripple
Analysis Hipgnosis Songs Fund has been left concussed by ‘discontinuation’. But with a seemingly rock solid ‘call option’, Merck Mercuriadis still holds all the cards. On: Hipgnosis Songs Fund, the all important 'call option', Blackstone, and the most likely outcome of this week's mess
News Paul Burger and Andrew Wilkinson resign as Hipgnosis Songs Fund non-exec directors ahead of tomorrow’s continuation vote The comes in the same month that HSF confirmed the Chairman of its current board, Andrew Sutch, will step down from his role
News Pat Benatar and Neil Giraldo sell ‘select’ recorded music and publishing assets to HarbourView They have sold over 30 million records worldwide
News HarbourView acquires Christine McVie’s share of Fleetwood Mac recorded music royalties 'Christine is a decorated and iconic legend in the history of rock ‘n’ Roll. She is a global treasure,' said HarbourView's Sherrese Clarke Soares
News Peermusic acquires Arctic Rights Management – one of the largest independent music publishers in Norway Arctic Rights Management's catalog features over 5,000 recordings and compositions
News TikTok expands into live music, with first ‘TikTok In The Mix’ concert to be headlined by Cardi B, Niall Horan, Anitta, and Charlie Puth Event is scheduled for Sunday, December 10, 2023, at Sloan Park in Mesa, Arizona.