In the wake of new Spotify deal, Universal Music Group adds $3.4 billion to its market cap; Warner Music Group shares up 4.7%
Yesterday (January 26) was a busy day for the music trade media.First, MBW broke the story that Universal Music Group ...
Tag: market
US government asks court to reject TikTok’s motion to delay law that could see its app banned in the market
The US government has asked the court to reject TikTok’s emergency request to delay a law that could ban the ...
After Spotify’s $100bn market cap milestone, Daniel Ek cashes out another $28m
Spotify co-founder and CEO Daniel Ek has sold another $28 million in SPOT stock, bringing his total share sales this ...
Michael Rapino talks superfans, the secondary ticketing market and more on Live Nation’s Q3 earnings call
Live Nation’s leadership team has observed a noticeable difference between sports fans and music fans when it comes to buying ...
Spotify slams ‘outdated bureaucracy’ in Sweden as it moves ‘parts’ of 250 jobs from its home market after court ruling over night shifts
Spotify says it’s moving ‘parts’ of 250 Sweden-based roles abroad, following a court ruling denying SPOT’s request to allow its ...
The UK ‘hit’ music industry is becoming an import market for US stars.
MBW Views is a series of exclusive op/eds from eminent music industry people… with something to say. The following was ...
France’s recorded music market generated $450m in H1, as paid subscription revenues grow 11.3% YoY
MBW’s Stat Of The Week is a series in which we highlight a data point that deserves the attention of ...
TikTok says that over one in four of Germany’s Top 100 singles of 2023 was popular on its platform before becoming a chart hit in the market
More than one in four (27%) of the Top 100 singles in Germany last year went viral on TikTok before ...
US music streaming market is less-than-fizzy, but it’s party time in Brazil
It’s fair to say that the global music business felt a little glum last week.It would have taken a foolhardy ...
Paid streaming subscriptions grew just 2.7% YoY in the US in H1 2024 – but overall market revenue topped $8.6bn
Two important data points for you.Important Data Point 1: There were 131.43 million households in the US last year, according ...
