February, 2025

Deezer’s revenues grew 12.7% YoY to $586m in 2024, as operating loss narrows
Deezer has published its financial results for the full year ending December 31, 2024 Source...

US music trade revenue growth slumped last year… but don’t blame Spotify.
Spotify confirms to MBW that its recorded music royalty payouts in the US last year grew by double-digits Source...

Recorded music streaming revenues grew by just 3.6% YoY in the United States in 2024 – dragged down by a decline in advertising payouts
RIAA has published its 2024 Year End report for the world's largest recorded music market Source...

Tencent Music has integrated DeepSeek into its streaming service (and 3 other things we learned on the company’s latest earnings call)
China's largest operator of music streaming services says live music is becoming increasingly important to listeners Source...

HYBE acquires again, adding Los Angeles-based VIP experiences company Confirmed360 to its portfolio of subsidiaries
'HYBE AMERICA acquired Confirmed360, aiming to solidify its live events and experiences portfolio in the United States'. Source...

5 takeaways from a quick chat with Rob Stringer.
The Sony Music Group boss sat down with MBW's Tim Ingham for a recent interview in London Source...

OpenAI is pushing for Donald Trump to weaken copyright protections in the US. Paul McCartney is fighting back.
Letter signed by 400 creative types, including a Beatle, issued after startling submission to US government by OpenAI and Google Source...

Spinnin’ Records Co-President Ewout Swart steps down; Warner Benelux boss Niels Walboomers to lead dance label in expanded role
Label was acquired by Warner in 2017 in a deal worth over $100m Source...

Ninja Tune partners with Reactional Music to tap $125.7B in-game economy
Music currently accounts for less than 0.01% of in-game spending, but Reactional aims to change that Source...

Badshah launches label Pentertainment 0075 with support from Universal Music India
Universal Music Group struck an exclusive global agreement with Badshah in 2021 Source...

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