February, 2024

UK’s PPL paid out over $21m to performers and rightsholders in Q3 2024, up 30% YoY
PPL paid out £16.5m to over 1,500 recording rights holders and over 21,000 performers in Q3 Source...

On… Irving Azoff, big money, and private equity’s lust for music’s collection societies
MBW founder Tim Ingham on the most talked-about music biz story of the past few weeks Source...

Petri Mannonen appointed CEO of Universal Music Finland
Universal notes that domestic artists dominate Spotify's local Top 50 in Finland Source...

Spotify raises prices in Canada amid debate over proposed streaming tax
'As we continue to innovate and invest in providing our listeners with greater value than ever before, we occasionally update our prices.' Source...

Tencent Music Entertainment owned 2,564 active patents and 4,295 registered copyrights at the end of 2023
TME had applied for 4,768 patents in China and abroad as of the end December 2023 Source...

Key Songs In The Life Of… Darcus Beese
The Island Records legend and founder of the newly independent Darco Recordings selects the tracks that have meant the most to him throughout his life and career so far... Source...

Mary Catherine Kinney appointed EVP of Artist & Label Strategy at Republic Corps
Kinney was most recently Head of Artist Partnerships at Spotify Source...

Tareic Alphonse named as 7th and final Richard Antwi Scholar
Alphonse will be awarded a full scholarship for a place on the University of Westminster’s Music Business Management MA course in London Source...

Jamie Krents promoted to CEO and President of Verve Label Group; Dawn Olejar upped to Chief Operating Officer
Execs will continue to report to Dickon Stainer, who continues in the capacity of Chairman of Verve Label Group, following his elevation to Chairman and CEO of Universal Music UK Source...

Sony Music GSA restructures under new CEO Christoph Behm
Sony Music's GSA labels to sit within three new frontline label groups, including the Ariola Label Group, the Columbia Label Group, and the RCA Label Group Source...

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