February, 2024

SESAC Music Group acquires rights management and UGC monetization company HAAWK
HAAWK’s HQ will remain in Los Angeles under the leadership of founder and CEO Ryan Born Source...

Why was Sony Music willing to pay megabucks for Queen and Pink Floyd’s catalogs?
MBW glances over some of the key factors in Sony's willingness to spend over $2 billion on three recent catalog deals Source...

Digital marketing firm The Trenches signs exclusive deal with UMG’s Republic Corps
As part of the deal, The Trenches is simultaneously launching its own incubator, Trenches Records Source...

UnitedMasters strikes direct licensing deal with TikTok… as clock ticks down on Merlin’s agreement with ByteDance platform
UnitedMasters was licensed through Merlin until this deal Source...

Global songwriter royalty collections rose 7.6% to $12.7bn in 2023, CISAC reports
In its latest report, CISAC sees a slowdown in digital revenue growth ahead, and calls for regulation of AI. Source...

FUGA partners with Philippines-based hip-hop company ASINTADA, makes key hires to expand APAC presence
The Downtown-owned distributor has made a series of new partnerships in the Filipino music business Source...

Qobuz launches ‘first of its kind’ high-fidelity streaming and download service in Japan
Japan's music market lags behind others when it comes to adoption of streaming services, and Qobuz sees an opportunity in that. Source...

NetEase Cloud Music inks deal to give its subscribers in China 30-day exclusive access to releases from K-Pop firm Kakao Entertainment
NetEase is increasingly positioning itself as the place to go for K-pop in China's music streaming market Source...

Warner Music to spotlight French-language artists via new Africa Francophone venture led by Marc-André Niang and Yoann Chapalain
New venture to spotlight talent from Francophone Africa Source...

Josh Mateer promoted to Head of A&R for the UK and Europe at TikTok’s SoundOn
Exec joined TikTok in 2022 Source...

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