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
Universal acquires Netherlands-based indie music company 8Ball
Universal Music Group (UMG) appears to have acquired an independent music company in the Netherlands, called 8Ball Music.Launched in 2006...
From YouTube’s 125m subscribers to UMG’s $5bn recorded music subscription revenues… it’s MBW’s Weekly Round-Up
Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines...
Robert Kyncl talks Spotify deal, Warner Music’s distribution strategy at Morgan Stanley event
Yesterday (March 8), Robert Kyncl gave one of his most energized interviews yet…even if the timing was a little odd.Kyncl...
BMG combines Sync and Production Music to form Global Sync Services team, led by Amberly Crouse-Knox and Scott Doran
BMG has announced that it’s combining its Sync and Production Music teams into a single new division dedicated to global Sync...
Universal Music Group’s recorded music subscription streaming revenues topped $5bn in 2024, up 9.1% YoY
Universal Music Group‘s latest FY results are out.Within UMG’s financial figures for the 2024 fiscal/calendar year lies this pearl: the...
Daniel Ek bags another $29m from Spotify share sale, cashing out close to $700m since 2023
Spotify CEO and co-founder Daniel Ek sold another USD $29.2 million worth of company shares on Wednesday (March 5), continuing...
Who’s about to buy Suicideboys’ music publishing catalog ?
It’s being billed as one of the largest music catalog deals involving a modern ‘frontline’ act: New Orleans duo Suicideboys...
Mercury Records promotes Tyler Arnold to chairman/CEO and Ben Adelson to president/COO
Mercury Records has promoted Tyler Arnold to Chairman & CEO and Ben Adelson to President & COO.They will report to...
AI unicorn Anthropic raises another $3.5bn, boosting valuation to $61.5bn
Anthropic has raised $3.5 billion in a funding round led by Lightspeed Venture Partners, valuing the AI startup at $61.5...
Superstruct revenues jumped 26% to $222m in 2023 – the year before it was acquired by KKR in a $1.4bn deal
Live music events organizer and promoter Superstruct Entertainment reported a 25.9% YoY increase in revenue for 2023 – the year...
