News From Universal Music Group’s $40bn-plus valuation to Tommy Boy’s sale: It’s MBW’s Weekly Round-Up The biggest stories from the past five days in the global music business
News Lyor Cohen: YouTube Music is ‘the fastest growing subscription service out there’ Cohen spoke at AIM's Future Independents conference today (June 3)
Interviews ‘When artists become entrepreneurs, their thinking changes; they understand the economics of the music business.’ Tarsame Mittal, one of India's most successful managers and music entrepreneurs, talks to MBW
News $1.4bn-valued Epidemic Sound grew its revenues by 49% in 2020, with a net loss of $17.8m Company has published its financial results for 2020
News Swedish audio firm Dirac raises $17.7m, bringing company valuation to $142m Dirac's audio solutions are used by brands such as Bentley, Rolls Royce, BMW and Volvo
News YouTube says it paid the music industry over $4bn in the last 12 months Lyor Cohen wants to topple Spotify as the music biz's No.1 biggest royalty payer
Analysis 3 things to know about Believe’s finances, as it launches IPO at a €2 billion company valuation MBW breaks down Believe's finances to get a handle on the company as it launches its long-awaited IPO
News Sony’s spent $1.4bn on music acquisitions in the last six months… and Rob Stringer’s not stopping there Stringer spoke at Sony Corporation's Investor Relations (IR) day today (May 27)
Interviews ‘For too long, Africa has been an afterthought for the global music industry.’ Temi Adeniji is relocating to Johannesburg at Warner Music – and has big plans for Africa's place in the global business
News HITCO Entertainment acquires stake in – and partners with – ‘revolutionary’ fan-funding platform Corite "Corite now gives fans the opportunity to actively back artists and be jointly awarded for any future success," says L.A. Reid. "It’s revolutionary.”
News NetEase to spin off music streaming service in $1bn Hong Kong IPO Application was filed in Hong Kong on Wednesday, May 26
Interviews ‘In some ways, I think the label model as we know it is dead.’ How French company Throne Music plans to sign, innovate and partner its way to success in the States
News Quincy Jones invested in ‘Emotional’ AI music startup Musimap last year. Here’s his emotional profile. Firm builds emotional profiles for listeners, detailing mood, feelings and values based on their listening history
Interviews How Tuned Global is helping fitness brands integrate licensed music into their virtual classes Tuned Global's Mario Forsyth on the convergence of the virtual fitness and music businesses
News TikTok Radio is coming to SiriusXM as companies join forces to create ‘exclusive audio experiences’ TikTok Radio launches this summer