Apple Music launches ‘Apple Music Partner Program’ for labels and distributors, including ‘premium’ data analytics tools
Music Business Worldwide
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10h ago
New program is available initially for a limited number of record labels and music distributors in the US Source ..read more
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Will Bloomfield joins TaP Music as Co-President and Head of Global Artist Management
Music Business Worldwide
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11h ago
Bloomfield was named one of Billboard's 40 Under 40, and is part of the team leading the Richard Antwi Scholarship Source ..read more
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Downtown secures $500m credit facility from Bank of America for indie artist advances
Music Business Worldwide
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11h ago
“Downtown is at the center of a major shift in the music industry," said Downtown Music CEO Pieter van Rijn Source ..read more
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After raising $250m for acquisitions, Cinq Music buys catalog of producer Flow La Movie
Music Business Worldwide
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14h ago
The acquisition comes more than three years after Flow La Movie died in an airplane crash Source ..read more
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Warner Music Group generated $1.49bn in calendar Q1; subscription streaming revenues rose 13.5% YoY
Music Business Worldwide
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15h ago
Warner Music Group has issued its financial results for the three months ended March 31, 2024 Source ..read more
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Music startup Mogul surpasses $100 million in tracked royalties in three months since launch
Music Business Worldwide
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18h ago
Mogul acts as a central financial hub for artists and creatives, giving users a comprehensive view of their income streams Source ..read more
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Concord bows out of Hipgnosis bidding war, saying its $1.51bn offer is ‘final and will not be increased’
Music Business Worldwide
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18h ago
The race to acquire UK-listed Hipgnosis Songs Fund has taken a turn today (May 9) as Concord announces that it will not raise its latest offer – leaving global investment firm Blackstone as the frontrunner in the ongoing takeover battle. The bidding war for Hipgnosis Songs Fund (HSF), a company boasting a vast music catalog, … Source ..read more
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Simon Liddell and Freddy Greenish team with UK-listed Equals to launch financial management platform Chorus TM
Music Business Worldwide
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20h ago
Liddell and Greenish most recently ran the entertainment and music teams at UK-headquartered money management platform Centtrip Source ..read more
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Tencent Music’s AI-powered tech can ‘predict the next hit song,’ and 5 other things we learned from its latest annual report
Music Business Worldwide
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2d ago
TME is also facing 695 copyright infringement lawsuits, and it's negotiating a 10% stake in an 'overseas entertainment company' Source ..read more
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Kilometre Music Group has spent $130m+ on music rights to date and says its latest acquisitions include stakes in Taylor Swift’s ‘Lavender Haze’ and ‘Karma’
Music Business Worldwide
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2d ago
We first wrote about Canadian music rights management company Kilometre Music Group in 2021. At the time, the company partnered with independently owned, Toronto-based investment firm Barometer Capital Management Inc., which currently manages more than $1.1 billion in assets. The two companies formed the Barometer Global Music Royalty Fund, a limited partnership with a “targeted size of USD … Source ..read more
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