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
TuneCore has paid out over $4 billion to self-releasing artists to date
MBW’s Stat Of The Week is a series in which we highlight a data point that deserves the attention of...
Spotify co-founder Martin Lorentzon sells $81m of company’s shares
Days after former Spotify CFO Barry McCarthy cashed out $10 million in Spotify stock, the company’s co-founder and former chairman...
Stability AI releases free, open-source text-to-audio model that ‘respects creator rights’
Stability AI, known for its AI art generator Stable Diffusion, has launched Stable Audio Open, a free, open-source model for...
Canada’s CMRRA reports 9% increase in royalty payouts for 2023
The Canadian Musical Reproduction Rights Agency (CMRRA) has reported an 8.9% YoY jump in mechanical royalty payouts in 2023.The licensing...
Sony Music Entertainment strikes JV with D36 to break South Asian Music globally
Sony Music Entertainment (SME) has entered into a global joint venture with Los Angeles-based record label D36.Formed by Abhi Kanakadandila...
Adam Salomon appointed Senior Director of A&R at Concord Music Publishing
Concord Music Publishing has appointed Adam Salomon as Senior Director of A&R.Salomon transitions to this role from Chosen Music, a...
Warner Music Group poaches Goldman Sachs’ Michael Ryan-Southern to lead global M&A
Warner Music Group CEO Robert Kyncl has previously hinted that his company is keen to grow its presence in various...
Sony, Universal, Warner and Merlin strike music licensing deals with Twitch for DJ livestreams
Amazon-owned livestream platform Twitch has struck what it calls “first-of-its-kind” deals with multiple rightsholders to allow DJs to legally play music...
After stepping down as Peloton’s CEO, Barry McCarthy cashes out $10m in Spotify stock
Barry McCarthy, the former Spotify CFO who led connected fitness company Peloton through difficult times post-pandemic, is selling USD $10...
From price hikes at Spotify to Warner’s major new hire… 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...
