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Tencent Music completes $2.4B acquisition of audio platform Ximalaya
Ximalaya is one of China's largest podcasting and audiobooks platforms Source...

Primary Wave acquires interests in album art collection from Aubrey ‘Po’ Powell, co-founder of British design studio Hipgnosis
Design studio founded by Powell and the late Storm Thorgerson in the 1960's Source...

Vietnam’s DAO Music Entertainment strikes strategic partnership with The Orchard
Deal gives DAO Music Entertainment access to The Orchard's global distribution network Source...

Spotify scraps new ‘Premium Lite’ tier in India, Indonesia, Saudi Arabia, UAE, and South Africa – while slashing standard Premium prices
The Premium Standard plan has been reduced in multiple markets Source...

Spotify raises Premium prices in Canada by up to CAD $3 per month
The Student plan remains unchanged at CAD $6.39 per month, while other tiers saw changes of CAD $1.30 to CAD $3.00 per month. Source...

Warner Music forms cross-border artist development platform GLIIDE with Thailand’s GMM Music
The platform's first signing is SVRN, a performance-driven artist whose music video for his debut single "WHY" was released on Thursday. Source...

Barry Weiss’s RECORDS promotes Andrew Saltman to SVP of Artist Development, Sara Gil to General Manager
The pair will lead label operations across RECORDS and its country imprint RECORDS Nashville Source...

Meet 2026’s first breakout band, according to Luminate – a masked math rock duo called Angine de Poitrine, with weekly global on-demand streams up from under 2k to 11.2m in a single year
Band went viral after a KEXP performance that has since accumulated more than 14m YouTube views. Source...

From Sony Music Publishing’s $4 billion catalog deal to Live Nation’s ‘blue dot fever’ rebuttal… it’s MBW’s weekly round-up
The biggest headlines from the past few days... Source...

‘The next global genre will likely start in someone’s bedroom – and that bedroom might be in Lagos, Mumbai or São Paulo.’
MBW's Trailblazers series meets Constantin Koehncke, CEO of Image-Line, the Belgian company behind FL Studio Source...

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