Music Business News
News on whats trending in the music industry, from new artists are getting signed to who is hot and on everypnes radar right now. Come and read about new industry CEO's and A&R's shaping the music you will be listening to in the future, and more #Sonfapitch #FrankyNelly # TooOldForGames
Believe and TuneCore say they ‘strongly refute’ copyright infringement claims in UMG’s $500m lawsuit and ‘will fight them’
Believe has issued a statement in response to a major copyright infringement lawsuit filed against the company and its subsidiary...
Oasis add South America dates in Argentina, Brazil and Chile amid ‘resounding global response’ to 2025 world tour plans
What began as a limited series of concerts on the British Isles is now turning into a full-fledged world tour.Oasis...
UMG sues Believe and TuneCore for $500 million, alleging ‘industrial-scale copyright infringement’
Universal Music Group (UMG), along with ABKCO Music & Records, and Concord Music Group, filed a major copyright infringement lawsuit...
Shamrock Capital, the firm that bought Taylor Swift’s masters, raises $1.6bn for two new investment funds
Los Angeles-based investment firm Shamrock Capital has raised $1.6 billion across two new funds: the Shamrock Capital Growth Fund VI...
Marco Paglia and Rio Caraeff appointed Co-Presidents of Musixmatch
Music data and lyrics platform Musixmatch has appointed Rio Caraeff and Marco Paglia to the roles of Co-Presidents.Under this new...
Universal Music generated $3.15bn in Q3; subscription streaming revenues grew 8.2% YoY
MBW’s Stat Of The Week is a series in which we highlight a data point that deserves the attention of...
Deezer reports 11% revenue growth for calendar Q3
France-headquartered music streaming service Deezer has reported 11% revenue growth for calendar Q3 2024, even as the company’s paying subscriber...
Sony Music acquires recorded music catalog of Egyptian superstar Amr Diab
Sony Music Entertainment Middle East has signed an exclusive partnership with Egyptian superstar artist Amr Diab, one of the wider...
Latest round of TIDAL layoffs could hit a quarter of staff (report)
Less than a year after its last round of layoffs, streaming service TIDAL has reportedly announced further job cuts.According to...
Roger De Graaf, co-founder of Spinnin’ Records, steps down as President of Warner-owned dance label after 25 years
Roger De Graaf, co-founder of dance music giant Spinnin’ Records, is retiring. MBW has learned that the widely respected dance...
