News Mark Zuckerberg’s Meta to lay off 10,000 more employees in company’s ‘Year of Efficiency’ News was shared by Meta's founder and CEO in a letter to staff on Tuesday, March 14
News From Larry Jackson’s $1bn-backed gamma to the US recorded music industry’s $15.9bn in 2022… it’s MBW’s Weekly Round-Up The biggest stories on MBW from the past seven days
Analysis Blog Droppings: When record labels say goodbye to failing music Eamonn Forde on how labels calculate and justify the cutting of ties with artists
News Eliah Seton named CEO of SoundCloud Seton succeeds Michael Weissman who joined SoundCloud in 2017, has served as CEO since 2021 and is "departing for a new opportunity," according to the company
Analysis News US recorded music revenues from paid subscriptions exceeded $10bn annually for the first time in 2022 The US recorded music industry grew 6.1% to USD $15.9 billion in 2022, according to RIAA's 2022 Year End report
News Japan generated over half a billion dollars from subscription music streaming in 2022 New stats published by local trade body RIAJ
Interviews News He built TikTok’s music AI tech. But he says robots will never replace human songwriters. Ed Newton-Rex joins MBW's podcast to talk AI, TikTok, and why we shouldn't be scared of the robots
News Patrick Moxey’s Ultra International Music Publishing launches Hidden Gem joint venture with producer Diamond Pistols Company announces collaboration with Los Angeles-based producer
News Anghami grew its paying subs by 21% YoY in 2022 and generated revenues of $48.1m, up 35.6% YoY MENA-focused streaming platform has published its preliminary Unaudited 2022 Results
Interviews Key Songs In The Life Of… Jérémy Erlich Spotify's Global Head of Music on the songs that have soundtracked his existence
News SiriusXM slashes workforce by 8%, impacting 475 roles SiriusXM had 5,869 full-time and part-time employees at the end of 2022
News Milk & Honey signs trio of new clients, all songwriter/producers behind chart hits: JHart, The Elements, and Alexis Kesselman M&H founder, Lucas Keller, calls JHart "one of the greatest songwriters and voices in the business"
Analysis News Universal Music Group generated more than $1bn per quarter, on average, from recorded music subscription streaming in 2022 UMG posts double-digit YoY growth (just!) in its recorded music subscription streaming revenues
Analysis News Scooter Braun and HYBE want to build a ‘major’ music label. How will their $300m bet on Quality Control play into that aim? An in-depth look at the biggest music industry deal of 2023 so far
News Tuned Global acquires AI-powered music tech and DJ app company Pacemaker Pacemaker holds several patents for its proprietary AI technology