News From Reservoir’s $788m valuation to Spotify and Warner’s canoodling: It’s MBW’s Weekly Round-up The biggest music industry stories of the week, all in one place
News Tencent Music gets new CEO as Cussion Pang takes new role Zhu Liang (Ross Liang) appointed as Chief Executive Officer
News African music service uduX launches PopRev, an investment platform that lets fans buy shares in artists’ music Platform to launch in partnership with Nigeria-based FinTech firm PiggyVest
News Official: Eliah Seton named President of SoundCloud Seton joins SoundCloud from Warner Music Group
Interviews Synchtank’s IRIS has already processed hundreds of millions of dollars. Now it’s being made available to music publishers large and small. Synchtank's speciality Royalty Accounting package provides a bespoke and scalable solution for a crucial and growing challenge
News Sony Music Publishing India signs global deal with Anand Audio Company represents over 5,000 tracks and over 700 original Kannada film soundtracks
News Universal and Republic team with Wassim ‘SAL’ Slaiby to launch Universal Arabic Music New label 'will create new opportunities to advance Arabic music and culture with global partners, platforms and brands,' says UMG
News Warner’s ADA Worldwide launches icons+giants JV label in partnership with Billy Mann and Benton James Mann has sold over 110m albums as a hit producer and songwriter; James is a former Head of Urban A&R for Red Bull Songs
News Spotify acquires talk app Locker Room to take on Clubhouse App will be expanded into an enhanced live audio experience for a wider range of creators and fans, says SPOT
Analysis News BMG’s annual revenues rose 1.9% to top $680m in 2020 Bertelsmann says company grew "thanks to [BMG's] focus on digital business and strong growth in music streaming"
News Charlie Walk sues ex-lawyer for $60m, claims Universal ‘cancelled’ him unjustly Former Republic Records President accuses Universal of "kneecapping" him at the height of his career
News MBW’s Weekly Roundup: IFPI, BMG x KKR, Warner x Tencent, TuneIn, IMPALA The biggest music industry stories of the week, all in one place
News Primary Wave buys majority stake in publishing catalog of Mark Morrison in ‘multi-million dollar deal’ Deal includes hits such as Crazy, Trippin’ and Return of the Mack
Interviews Meet the Romanian record label with 2bn annual streams – and major global ambitions Global Records is looking to add further international expansion, via serious investment, in 2021
News Global Music Rights partners with Entercom Communications in the US Deal allows Entercom to perform GMR’s catalog of songs across all of its platforms