News Transgressive Publishing and Warner Chappell UK extend joint venture News arrives as Foals sign a new deal with Transgressive for their catalog, side projects and future recordings
News Spotify is changing its royalty model to crush streaming fraud and introduce a minimum payment threshold. Its plan? To shift $1 billion in payouts towards ‘working artists’ over the next 5 years. Exclusive: Music Business Worldwide has learned of Spotify's plan to introduce a number of new measures in Q1 2024 – and shift $1 billion away from bad actors
Interviews ‘We operate at the intersection between creativity and culture for our artists.’ Warner Music's Bob Workman on brand partnerships, and working on high-profile campaigns for superstars like Ed Sheeran…
News Blackstone-backed $440m acquisition offer for Hipgnosis Songs Fund assets sees off rival interest Process clears the way for Thursday's shareholder vote from Hipgnosis Songs Fund
News The Circuit Group and Defected Records form strategic partnership for North American and UK expansion The Circuit Group was launched by Dean and Jessica Wilson of Seven20, and Brett Fischer, David Gray, and Harvey Tadman of AYITA
News Juice WRLD estate, Dr. Luke sued over royalties for ‘Not Enough’ The lawsuit also names as a defendant music publisher Opus Music Group, which acquired a large stake in Juice WRLD’s catalog earlier this year.
News AI music startup Boomy partners with fraud detection company Beatdapp to ‘ensure the integrity’ of its platform Around 7% of tracks made on Boomy and then distributed to Spotify were deleted by Daniel Ek's company earlier this year
News Simon Cowell buys stake in content creator streaming startup Lounges.tv The Times reports that the startup is close to completing a £2.5m funding round that will value the business at £20m
News Hipgnosis Songs Fund confirms that Merck Mercuriadis has an option to buy all of its rights if his investment advisory company is terminated Hipgnosis Songs Fund board announces Strategic Review of company, while confirming its investment advisor's key contractual clause
News Virgin Music Group combines Virgin Music and Ingrooves Music Group into united global operation Virgin Music Group will be organized into five key regions, with country leaders reporting to newly appointed regional leaders
News BMG forms alliance with Universal Music Group; plans to move physical distribution to UMG’s Commercial Services division BMG says other collaborations with UMG are also under discussion
News Concord’s $469m acquisition of Round Hill’s UK fund overwhelmingly approved by latter firm’s shareholders Vote was passed unanimously by 99% of those shareholders who voted
News Avex USA forms JV with Coup D’Etat Music to sign Nigerian Afrobeats star Victony Artist has also signed a record deal with Joie Manda’s Encore Recordings
News AI music generator Riffusion raises $4m in seed funding round Round was led by Greycroft Partners, South Park Commons and Sky9
News Reservoir strikes global publishing deal with the Eagles’ Joe Walsh The first Eagles album to feature Walsh was 'Hotel California'