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From YouTube’s 125m subscribers to UMG’s $5bn recorded music subscription revenues… it’s MBW’s Weekly Round-Up
The biggest stories from the past week – all in one place… Source...
Robert Kyncl talks Spotify deal, Warner Music’s distribution strategy at Morgan Stanley event
Warner Music Group CEO opens up on strategy, interviewed by Ben Swinburne Source...
Universal acquires Netherlands-based indie music company 8Ball
8Ball calls itself a 'multidisciplinary record company' that owns two labels – 8Ball and Dino Music Source...
Universal Music Group’s recorded music subscription streaming revenues topped $5bn in 2024, up 9.1% YoY
There was less good news, however, from the world of ad-funded streaming. Source...
BMG combines Sync and Production Music to form Global Sync Services team, led by Amberly Crouse-Knox and Scott Doran
The company aims to differentiate itself by offering a one-stop shop for clients looking to add music to media Source...
No, Spotify hasn’t gone down – unless you were pirating the Premium service
Many listeners who were using a 'crack' to listen to Spotify Premium for free have been locked out of the service Source...
Bad Bunny label Rimas Entertainment acquires ‘significant’ stake in Dale Play Records
Deal establishes a partnership between Rimas Entertainment, Dale Play Records, and Sony Music Entertainment Source...
Adrian Pope named EVP Digital Business & Global Partner Relations at Virgin Music Group
Virgin describes Pope as a “pioneer in the development of the digital music business” Source...
Daniel Ek bags another $29m from Spotify share sale, cashing out close to $700m since 2023
The Spotify CEO has sold $695.3 million of company stock since July 2023, regulatory filings show Source...
Reservoir and PopArabia acquire catalog of Egyptian superstar Omar Kamal
Deal includes both publishing and master rights to his catalog Source...
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