Analysis Observations on Universal Music Group’s 2024 restructuring program The 'why', the 'where', and the 'how many' of the music biz's biggest story of the moment under the microscope
Analysis News Daniel Ek says he’s ‘probably the least powerful person in Spotify,’ and 3 other things we learned from his recent Norges Bank interview Ek also commented on what AI will mean for Spotify subscribers during his interview on the In Good Company podcast hosted by Norges Bank Investment Management (NBIM) CEO Nicolai Tangen
News Hip-hop producer Turbo the Great sued over ‘Run that back Turbo’ producer tag A Georgia-based musician and songwriter claims that he contributed to Turbo's producer tag
Interviews ‘I was speaking up in high-pressure environments, in meetings, trying to make an impact.’ Our latest feature in partnership with the brilliant Did Ya Know? podcast sees Adrian Sykes talk to Travis Beckford, co-founder of THE FUTURE IS
News Chartmetric partners with MBW for ‘Stat of the Week’ series Flagship MBW editorial series backed by new data-driven partner
News DistroDirect expands global reach with key hires in India, US, UK and Latin America "Developing key relationships in local markets drives better outcomes for artists," CEO Andy Irvine says
News Radio promotion firm Your Army’s US division absorbs Strange Loop Promo "Joining forces in this way puts us in a position to service the needs of an even broader array of world-class artists all under one roof"
News Nate Albert appointed President at Irving Azoff’s Giant Music Albert comes to Giant Music from Warner Records, where he signed Omar Apollo and Teddy Swims
Analysis News 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%
News 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
News Michael Stebler named CEO of Utopia Music, just three months after Alain Couttolenc assumed role The latest changes in Utopia's C-suite follow several years of volatility, including layoffs, unexpected departures and divestments
News Beatport’s founding members launch ambient record label Sacred Society Music Group The label has introduced a collection of over 55 tracks and more than six hours of immersive content
News The Weeknd’s ‘Blinding Lights’ becomes first song to cross 4 billion Spotify streams The track has also topped Chubby Checker’s The Twist as the No. 1 Billboard Hot 100 hit of all time
News Web3 and ‘superfan’ platform Tune.FM raises $20m from LDA Capital Tune.fm promises artists larger streaming income through blockchain micropayments and an NFT marketplace
Analysis News From 45m unplayed tracks on streaming services to SoundCloud’s potential sale… it’s MBW’s Weekly Round-Up The five biggest stories to hit our headlines over the past seven days...
News 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’
News Mahogany signs partnership with Believe as it prepares to launch distro service for DIY artists Mahogany says it plans to launch distro service Mahogany Songs within the next few months
News 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