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
Spotify co-founder cashes out $85.8m in stock after streamer posts record profit… as songwriters brace for $150m royalty cut this year
Spotify is a profitable company – and the markets are delighted.The streaming service’s share price shot up around 14% on...
Confirmed: Hipgnosis Songs Fund to delist from stock exchange this month, completing Blackstone takeover
And that’s that. Hipgnosis Songs Fund will officially delist from the London Stock Exchange next week, with its new owner...
Apollo leads $700m investment into Sony Music Group partnership. (It’s a kind of magic!)
Earlier this month, MBW reported that senior music biz sources were telling us that Apollo Global Management had part-financed Sony...
From Universal Music’s Q2 results to Spotify’s new ‘deluxe’ tier… 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...
Why UMG’s slowdown in streaming revenue growth is (partly) an illusion… and 4 other things we learned from Universal’s latest earnings call
The news about Universal Music Group following its latest earnings report yesterday (July 24) has been dramatic, to say the...
Spotify estimates that it would have to pay out $50m if the MLC wins its bundling lawsuit
At the beginning of March, Spotify reclassified its Premium Individual, Duo, and Family subscription streaming plans as bundles because those...
‘Our vision is to build a full service, independent publishing company that can compete with the best.’
Trailblazers is an MBW interview series that turns the spotlight on music entrepreneurs with the potential to become the global...
YouTube ad revenues jump 13% to $8.7B in Q2, but fall short of analysts’ expectations
YouTube’s business is growing – though perhaps not as quickly as markets would like.The video streaming service’s parent company, Alphabet,...
Universal Music generated $3.15bn in Q2 – driven by top sellers Taylor Swift, Billie Eilish, SEVENTEEN and more
MBW’s Stat Of The Week is a series in which we highlight a data point that deserves the attention of...
HYBE CEO Jiwon Park resigns; Chief Strategy Officer Jason Jaesang Lee named as new Chief Exec at K-Pop giant
There has been a significant leadership shakeup at South Korea-headquartered entertainment giant HYBE.Jiwon Park, who has served as HYBE’s CEO...
