February, 2024

ByteDance boosts share price in latest buyback and plans record $9.5bn loan (Reports)
The owner of TikTok is planning to borrow $9.5 billion, the largest dollar-denominated loan in Asia outside Japan Source...

Sabrina Carpenter co-writer John Ryan signs global publishing deal with Warner Chappell
John Ryan co-wrote and produced six songs on Carpenter's album Short n’ Sweet, which debuted at No.1 in the US this week Source...

Who owns Spotify in 2024?
Co-founders Daniel Ek and Martin Lorentzon continue to dominate as shareholders of Spotify. Source...

Martijn Tel appointed Chief Financial Officer of BMI
'Martijn’s wealth of experience, particularly working with companies with ambitious growth plans, makes him a perfect fit for BMI now,' said BMI President & CEO Mike O’Neill Source...

UK live music’s contribution to economy soars 35% above pre-pandemic levels, despite crisis among small venues, says new report
The value of the UK's live music sector in 2023 exceeded £6 billion (USD $7.46bn) for the first time Source...

Eddie Sears appointed EVP, Creative at Republic Records
Sears served as the Creative Director at Ultra Records for nearly a decade Source...

Oasis distance themselves from Ticketmaster’s ‘Dynamic’ pricing… while adding two more Wembley Stadium dates
Band now announce two further Wembley Stadium shows on September 27th and 28th. Source...

IDOL inks global marketing and distribution deal with Berlin-based City Slang
The partnership launches with the release of Caribou's latest album next month Source...

Sony Music Publishing Scandinavia promotes Atena Banisaid to GM, Christoffer Lindh to Head of A&R
SMP's Scandinavian division has been enjoying success lately with co-writing credits on Charli XCX and Zara Larsson tracks. Source...

This US musician allegedly generated $10m using bots to rack up fake streams of AI songs. He could face decades in prison for wire fraud and money laundering
The DOJ has charged an individual over the suspected use of AI to generate large amounts of fake music streams Source...

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