February, 2024

HYBE buys 51% stake in mystery company for $25m
HYBE recently spent USD $25 million to acquire a 51% stake in an unknown company. Source...

Netflix chief Ted Sarandos cashes out $6m in Spotify stock
Sarandos cashed out 17,710 SPOT shares on Thursday, September 12 Source...

Court allows copyright infringement suit over Dua Lipa’s megahit Levitating to proceed
A copyright infringement case over Dua Lipa's megahit Levitating is set to go forward Source...

Downtown Music Publishing inks global deal with PDU, the company from iconic Italian singer Mina
Italian singer Mina has sold more than 150 million records worldwide Source...

HYBE’s NewJeans fallout is getting tenser by the day, as new CEO says company ‘follows the rules and pursues precision management’
HYBE CEO addresses NewJeans ultimatum after shareholders meeting Source...

From HYBE’s mystery acquisition to the copyright lawsuit against Johnson & Johnson… it’s MBW’s Weekly Round-Up
The biggest stories from the past week – all in one place… Source...

Warner Music Korea launches English-language music label MPLIFY, led by Samuel Ku
Korean-Australian singer-songwriter Olivia Marsh is the first artist to join the label Source...

Music Industry Insights: Childish Gambino’s Tour Delay and VMAs Highlights
This week in music, we dive into the major highlights from the MTV VMAs, the unfortunate postponement of Childish Gambino’s tour due to health concerns, and Roblox’s exciting new music charts. Sta...

Former TikTok and Amazon exec Andrew Maddox named Head of Finance at beatBread
Maddox previously held senior finance roles at TikTok and Amazon Source...

Dirty Hit renews UK physical distribution partnership with Universal Music UK
Dirty Hit says its partnership with the Universal Music Group unit has yielded a string of chart-topping albums Source...

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