News Sony Music buys $100m of shares in NetEase’s music service; Chinese platform’s IPO set for December 2 Sony Music named as Cornerstone Investor ahead of IPO
News Voice and music recognition firm SoundHound to list on NASDAQ with $2.1bn valuation via SPAC merger Firm has entered into a definitive merger agreement with Archimedes Tech SPAC Partners Co
News Merlin strikes strategic partnership with free music streaming app TREBEL TREBEL caters to users who are unlikely to subscribe to premium paid music services
Analysis Blog Six reasons why regionality still matters for the global music streaming business This MBW op/ed comes from Ryan Blakeley, a Ph.D. in Musicology candidate at the Eastman School of Music.
News Superstar EDM duo Dimitri Vegas & Like Mike team up with Sony and Tencent’s JV label, Liquid State in China 300+ song strong catalog to be licensed to Liquid State in China
Analysis News Warner Music Group is worth $10bn more than it was a year ago Universal stays above $50 billion... as its rival's market worth goes gangbusters
News Thanks Universal! Warner Music Group just got $1.9bn more valuable after UMG listing UMG's share price closed at €25.10
News Universal Music Group goes public: Sir Lucian Grainge hails ‘exciting milestone in UMG’s storied history’ Sir Lucian Grainge and members of UMG's corporate executive team sounded the gong live from UMG’s Santa Monica HQ
News TikTok owner ByteDance readies new music streaming app in China (report) ByteDance reportedly started work on the app back in 2019
News JioSaavn and Merlin ink expanded global music licensing partnership Deal marks the first renewal between the two parties since regional music streaming service Saavn merged with India’s JioMusic
News Meet Universal Music Group’s new board UMG has published the names of the new 10-person board, as of September 20, 2021
News Tencent axes all exclusive label deals in China following antitrust clampdown Tencent published a statement on WeChat announcing that it has written to all "upstream copyright" holders to end their exclusive agreements
News Vivendi sells additional 2.9% of Universal Music Group to Pershing Square for $1.15bn Pershing Square will now own 10% of UMG's share capital
News Warner Music Group strikes global licensing deal with social platform Kuaishou Kuaishou reports to have over 1 billion users worldwide
News China is banning music that ‘insults or defames others’ in its 50,000 karaoke venues New crackdown on offensive music coming in October as market's industry power keeps growing