SM Entertainment’s Q2 2025 revenue up 19% to $218M; CEO hints at China expansion after Tencent deal
South Korean entertainment giant SM Entertainment reported a 19.3% YoY jump in consolidated revenue for the second quarter of 2025, ...
Tag: deal
From Live Nation’s record Q2 concerts revenue to Kobalt’s new AI deal… 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 ...
Kobalt’s AI deal with Suno rival ElevenLabs guarantees publishing ‘parity’ with recorded music
Earlier today (August 5), music publisher Kobalt announced a landmark licensing agreement with ElevenLabs’ new AI music platform, Eleven Music ...
From Live Nation’s $646 million Mexico deal to Universal Music Group’s $3.38bn Q2 results… 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 ...
Live Nation strikes $646 million deal to increase stake in Mexico’s OCESA
Live Nation Entertainment is set to acquire an additional 24% stake in Mexican concert promoter OCESA, accelerating a purchase agreement.The ...
EU to launch ‘full-scale’ investigation into UMG’s $775m Downtown deal, Reuters reports
The European Commission is planning to open a “full-scale” investigation into Universal Music Group‘s proposed acquisition of Downtown Music Holdings.That’s ...
Sony strikes strategic deal with Dominican Republic’s Alofoke Music, acquires portion of label’s catalog
Sony Music Central America and the Caribbean (CAC) has struck up a strategic alliance with Alofoke Music, the label founded ...
Morat Signs Management Deal with WK Entertainment
Morat has signed an exclusive management agreement with WK Entertainment in partnership with HYBE Latin America, Billboard can exclusively announce ...
Kobalt inks publishing deal with country songwriter Derrick Southerland, acquires portion of song catalog
Independent music publisher Kobalt has signed a global publishing deal with Derrick Southerland, the Grammy- and Country Music Awards-nominated songwriter ...
Rumblefish inks ByteDance deal to provide music licensing services to TikTok, CapCut
TikTok and CapCut have a new official partner providing music data, licensing, and royalty management services: Rumblefish.US-based Rumblefish is part ...
