Monday, January 27, 2025

K-pop group NewJeans hires law firm, plans name change as HYBE dispute escalates
The group alleges that ADOR held secret meetings with their parents, attempting to create division within NewJeans Source...

‘The democratization of music has been a revelation. Nobody can really tell you who’s going to be successful anymore.’
Jennifer Knoepfle, Head of US A&R at Universal Music Publishing Group, reflects on her career in publishing, the biggest challenges and opportunities in the sector today, and the key to being the best...

Multiple buyers, including Oracle, Microsoft, and Perplexity AI, in race to acquire TikTok in the US (report)
Elon Musk, real estate magnate Frank McCourt, and Shark Tank’s Kevin O’Leary are also interested in taking over TikTok, according to reports Source...

Jay Z’s Roc Nation partners with South Korea’s Musicow to launch music royalty trading platform in the US
Musicow purchases the copyright of a song and splits the rights into smaller portions, allowing members on the platform to buy shares in royalties Source...

Guitar amp maker Marshall acquired by China’s HongShan in $1bn+ deal
Marshall's new owner is an investor in Alibaba, BYD, and TikTok owner ByteDance Source...

Firebird to invest ‘tens of millions of dollars’ into new business partnership with Yungblud
Yungblud will contribute earnings from music, touring, merchandise, a clothing line, brand deals, and more, to a new business called YB Inc. Source...

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% as investors await similar agreement with streamer
Universal and Warner jointly pile on around $4 billion in market cap value following landmark announcement Source...

I Love L.A… and I’m angry at those who mocked us in our darkest moment.
Lucas Keller, founder of Milk & Honey, on the Los Angeles wildfires – and his fury at America's Most Heartless Source...

Bruno Mars breaks own record, hitting 150M monthly Spotify listeners
Bruno Mars continues to shatter records, this time becoming the first artist to reach 150 million monthly listeners on Spotify. The feat, announced Monday (January 27), comes just over two months afte...

Spotify General Counsel Eve Konstan to exit
Exec's last day at Spotify will be January 31. Source...

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January

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