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HYBE says it poured $14.4M into NewJeans, claims each member received $3.4M in settlement
NewJeans realleged that HYBE and ADOR “continuously sidelined” them and sought to replace them with another group Source...

Manning Doherty to exit board of Universal Music Group
Doherty has served on Universal’s board since the company’s public listing on Euronext Amsterdam in 2021 Source...

After emerging from bankruptcy, Audacy lays off up to 300 staff (reports)
Audacy has significantly reduces its debt and is now focused on 'streamlining resources to stay competitive' Source...

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...