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
Beggars Group has acquired majority ownership of XL Recordings, documents show
Indie music company Beggars Group secured a majority stake in XL Recordings in 2024, according to newly released documents.Beggars, which...
Berlin startup Mirelo raises $41m in seed funding for AI-generated video sound
Mirelo, a Berlin-based artificial intelligence company that automatically generates sound effects for videos, has secured $41 million in seed funding.The...
Ollie Wards departs as TikTok’s Director of Music for Australia and New Zealand
Following the news that Charlotte Stahl is leaving her position as TikTok’s Head of Music Partnerships for Europe, the Middle...
Live Nation acquires majority stake in Chile’s Movistar Arena
Live Nation has made Latin America a central focus of its international expansion, and the concert and venue company’s latest...
Spotify to let users ‘steer the algorithm’ by personalizing playlists with AI prompts
AI is becoming an even more integral part of Spotify’s platform, with the launch of a new feature that lets...
Rostrum Pacific secures $150m from Crayhill Capital to ‘accelerate’ music catalog acquisition strategy
Rostrum Pacific, the parent company of indie label Rostrum Records, has secured $150 million in financing to grow its music...
Jay-Z’s MarcyPen Capital eyes $500m Korean culture investment fund in partnership with Hanwha Asset Management
Jay-Z’s MarcyPen Capital Partners has signed a memorandum of understanding with South Korea’s Hanwha Asset Management to launch a $500...
Sony Music Publishing signs global deal with BigXthaPlug
Sony Music Publishing has signed a global publishing deal wit breakout Texas-born rapper and singer BigXthaPlug.SMP noted that BigXthaPlug, aka...
Warner Music Australasia and SE Asia makes series of promotions to strengthen leadership team
Warner Music Australasia and Southeast Asia has announced a series of senior promotions intended to strengthen its domestic artist pipeline...
GoDigital Music buys Marc Anthony catalog in eight-figure deal; acquires broader tranche of Latin music rights in separate $115m transaction
GoDigital Music says it has acquired “several” Latin music catalogs in a transaction valued at approximately $115 million.The company said...
