February, 2024

TikTok rival Triller says Kevin McGurn won’t be joining the company as CEO after all
The newly publicly listed company offered no explanation for the reversal Source...

Key Spotify executives have cashed out more than $1 billion in stock this year… including $283 million for Daniel Ek.
Following a series of blockbuster earnings reports, Spotify's stock is trading near all-time highs Source...

Spotify paid Warner Music Group $1.16bn in FY 2024. (That’s around the same amount the streamer’s execs have cashed out in stock this year.)
Warner's financial filings reveal Spotify's contribution to the company's revenues in the 12 months to end of September Source...

Rebecca Dixon promoted to Global Head of Marketing and General Manager UK at Various Artists
Dixon will work between the VAM offices in London and LA Source...

Live Nation expands in South Africa and Portugal
The Dome in Johannesburg will be Live Nation's first permanent venue in Africa Source...

GoldState Music buys catalogs from CatchPoint Rights, AMR Songs for $200m (report)
GoldState has strategically targeted music publishing and royalty income streams that offer steady returns Source...

As Believe UK celebrates its 15th anniversary, key executives Ben Rimmer, Alex Kennedy and Malena Wolfer talk recent successes and what comes next.
Three top Believe UK execs celebrate the company’s 15 anniversary and look to its future... Source...

NewJeans just held a press conference to announce they’ve left HYBE’s ADOR… but the K-Pop giant says their deal is still ‘in full effect’
"Staying at the agency will only prolong our psychological pain and waste our time," group member Hanni said Source...

Bruno Mars just shattered Spotify’s monthly listeners record… and he hasn’t even got a new album out.
Mars currently has more than 135 million monthly listeners on the platform, way ahead of the previous record set by The Weeknd Source...

From Drake’s legal action to Spotify execs’ big cash-out… it’s MBW’s Weekly Round-Up
The biggest stories from the past week – all in one place… Source...

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