Posts by Murray Stassen

Mike Easterlin and Steve ‘Stevo’ Robertson launch Severance Records joint venture with Big Loud

The new label's flagship signing is rock act Dexter and The Moonrocks

Is Believe about to come off the stock market and re-privatize?

Company's shareholders are reportedly exploring potential bids to go private

Taylor Swift’s music is streamed more in the US than the entire Jazz and Classical genres

Swift claimed an audio stream market share of 1.28%; her market share including record sales was even bigger, at 1.79%

AI music tech startup Bronze raises $1.3m from Disclosure, Method Music, September Management and more

London-based audio technology start-up Bronze has closed a $1.3 million pre-seed round

Meet Sung Soo Han, the music executive behind K-Pop stars SEVENTEEN, and founder of HYBE-owned PLEDIS Entertainment

Sung Soo Han founded SEVENTEEN’s label, developed the group, and oversees all creative processes for the HYBE-owned label’s roster.

Universal Music to cut ‘hundreds’ of jobs in Q1, with majority of layoffs in recorded music division (report)

Bloomberg reports that UMG’s recorded music division ‘will be hit the hardest’

Phil Bauer named President of DistroKid – company founder Philip Kaplan transitions from CEO to Chairman

DistroKid claims to be the world’s largest distributor of independent music, and estimates that it distributes 30-40% of all new music in the world

Sylvia Coleman steps down as Non-Exec Director of Hipgnosis Songs Fund

Coleman was appointed as a non-executive director in November 2019

TikTok parent to shut down music streaming service Resso in India

"Unfortunately, owing to local market conditions, we can no longer continue to serve users of Resso in India."

Global on-demand audio streams reached the 4 trillion mark for the first time ever in a single year in 2023

Market monitor Luminate has published its Year-End report for 2023

Sony Music unveils ‘next generation immersive music experiences’ for Fortnite and Roblox

Projects are being led by the Sony Immersive Music Studios team

Sir Lucian Grainge: After ‘artist-centric’ royalties, UMG’s ‘next focus’ is ‘superfan experiences and products’

UMG is 'already in advanced discussions with [its] platform partners regarding this phase and will have more to announce in the coming months,' said Grainge in his New Year note to UMG staff

‘XP Music Futures showcased how strong the music industry in the MENA region can become.’

Saudi Arabia recently played host to the third edition of XP Music Futures, a three-day industry conference held in Riyadh

Alfredo Delgadillo appointed CEO & President of Universal Music Mexico

Delgadillo has served as Managing Director of Universal Music Mexico since 2017

WMG’s Robert Kyncl on his plan for 2024 and how this will be ‘the year of the Next 10’

Robert Kyncl sent out an internal note to Warner Music Group's global workforce on Monday (January 8) outlining his plan for the company in 2024