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From UMG’s approved Downtown deal to Spotify’s AI ambitions… it’s MBW’s weekly round-up
The biggest headlines from the past few days... Source...

Why College Students Should Embrace the Gig Economy for Extra Income
College is expensive in ways that rarely show up on a tuition bill. Beyond rent and groceries, you have lab fees, software subscriptions, commuting costs, internships that pay little (or nothing), and...

Done Deal: UMG’s Downtown acquisition approved by EU competition regulator
It's a done deal. Source...

The Empire Strikes Back: The majors and Merlin gained (a bit) of market share on Spotify last year.
Spotify's new annual report updates a crucial yearly stat – with a surprise new number Source...

Scott Borchetta exits HYBE AMERICA
Borchetta has served as the CEO of Big Machine Label Group since HYBE’s purchase of Ithaca Holdings in 2021. Source...

HYBE posts record annual revenues of $1.86bn for 2025 as K-Pop firm’s concert revenues hit all-time high – but operating profit plunged 73%
South Korea-based entertainment giant HYBE has published its Q4 and FY 2025 earnings. Source...

NetEase Cloud Music now counts over 1 million registered indie artists
The platform has published its FY 2025 results, in which it reported that its membership subscription revenues rose 13.3% YoY in 2025 Source...

Warner Music Group plans to sell EMP, the merch business it acquired for $180m in 2018
Regulatory filings indicate that WMG signed a non-binding letter of intent to sell EMP. Source...

ASCAP paid out a record $1.76bn to songwriters and publishers in 2025
The US organization delivered a record $1.945 billion in revenue in the calendar year. Source...

Songs are reaching 1bn Spotify streams 14x faster than a decade ago, and other stats from Chartmetric’s 2025 Year in Music report
The report highlights several notable shifts shaping the music economy. Source...