Classical music platform Kuke reveals its president stepped down in July amid legal, stock performance woes
Chinese classical music platform Kuke Music Holding on Monday (November 4) announced that Li Sun has stepped down from President ...
Tag: Stock
Netflix chief Ted Sarandos cashes out $6m in Spotify stock
Ted Sarandos, co-CEO of streaming giant Netflix, just sold a stack of Spotify shares.That’s according to an SEC filing spotted ...
This analyst has watched Universal Music Group closely for years (and hasn’t always been mega-positive). He just upgraded UMG’s stock for the second time in 12 months.
There are few financial analysts that have observed the music business – particularly Universal Music Group – for as long, ...
From the RIAA’s H1 US recorded music market stats to UMG’s stock upgrade… 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 ...
Kakao founder Kim Beom-su indicted on stock price manipulation charges
The founder of South Korean telecom giant Kakao Corp. has been indicted on charges of stock price manipulation linked to ...
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 ...
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 ...
