News HIFI closes eight-figure funding round with backing from Quincy Jones, Coran Capshaw, Diplo, 3LAU and more Michelle Jubelirer, Ron Laffitte, Gee Roberson, Tom Windish and many others also joined the round
News TikTok’s partner for its new SoundOn distribution service is… TuneCore TikTok confirms that Believe's service has been signed up
News Jonathan Abon and Jordan Gremli join Utopia Music in VP Product roles Jordan Gremli has also been hired as VP Product, Creator Services, at the Switzerland-based company
News From the United States’ $15bn revenue to Downtown’s $200m indie artist fund: It’s MBW’s Weekly Round-Up The biggest stories from the past week – and why they matter
News Now SoundExchange pulls out of Russia SoundExchange has terminated its agreement with the Russian Organization for Intellectual Property (VOIS)
Analysis News Kobalt and Downtown cut ties with Russia; Believe continues to operate in market but is ‘monitoring the situation very closely’ Will CISAC suspend Russian PRO from its global membership?
Analysis Blog Why are hedge funds urging songwriters to sell their catalogs right now? Think about it. Randall Wixen explains his skepticism over Big Finance's keenness to buy music rights in 2022
Interviews Max Martin, ABBA’s Björn Ulvaeus, and songwriter and producer Niclas Molinder say they’ve invented the solution to the music industry’s ‘black box’. And it’s free. Björn Ulvaeus, Max Martin and Niclas Molinder founded Session to fix music's missing data problem.
News Warner Music Group suspends operations in Russia All three major record companies have now suspended their operations in Russia
News Sony Music Group suspends operations in Russia 'Sony Music Group calls for peace in Ukraine and an end to the violence.'
News Downtown launches $200m fund to invest in independent artists and entrepreneurs Fund is supported by a new credit facility with Bank of America
Analysis News With $15bn in revenue, 2021 was the US record industry’s biggest EVER year (kind of…) MBW reveals historic numbers for the US market last year (although you should really factor in inflation)
News TikTok just launched its own music distribution platform, SoundOn SoundOn can distribute music to other music platforms like Spotify, Apple Music and Instagram
News Universal Music Group suspends all operations in Russia 'Effective immediately, we are suspending all operations in Russia and closing our offices there,' says UMG
Analysis Blog Why music companies should stop using vague stats Eamonn Forde explores the rise of 'vaguestats' in the music business