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Germany’s recorded music business generated $2.58bn in 2024, up 7.8% YoY
Streaming alone saw growth of 12.6% YoY and accounted for 78.1% of music revenue Source...

Knut Frängsmyr appointed Chief of Music at Epidemic Sound
Former Klarna exec joins Stockholm-based music licensing platform Source...

T-Pain sells publishing catalog and select masters to HarbourView Equity Partners
HarbourView Equity Partners has agreed to acquire the publishing catalog and select masters of artist, producer and songwriter T-Pain. T-Pain is a six-time Grammy Award winner. HarbourView notes that ...

Universal Music Group’s REPUBLIC Collective makes key exec promotions and hires across various departments
"This is an exciting chapter for the REPUBLIC Collective," said Founder and Chairman Monte Lipman Source...

NetEase Cloud Music reports 23.1% jump in music revenue for 2024 as profits soar
The company says it plans to focus more on premium subscription offerings in the coming year Source...

Believe launches new services unit in Thailand dedicated to breaking indie-pop acts in the market
Believe plans to push artists under its care into the Top 20 of the Thai music charts this year Source...

K-pop business could ‘collapse’ if NewJeans controversy sets a precedent, industry groups in South Korea warn
The music industry groups are urging the government to implement regulations against poaching of artists who are under exclusive contracts Source...

Primary Wave Music strikes publishing admin deal with Grammy winner Jimmy Webb
The deal includes some of Webb’s biggest hits performed by icons like Glen Campbell, Frank Sinatra, Guns N’ Roses and Johnny Cash Source...