February, 2024

Pink Floyd’s recordings catalog could soon sell for $400m-$500m. But how much does it earn today?
MBW has unearthed annual accounts filed by two UK-based companies owned by Pink Floyd Source...

PRS For Music returns as sponsor of Pop category at the Music Business UK Awards
Royalty collection/distribution giant marks 110 years in the business by backing the UK industry's big night Source...

Believe targets Regional Mexican Music expansion with new leadership team in Mexico City
Marco Cataño named Head of Artist Services, LATAM; José Pablo Molina appointed Head of Label & Artist Solutions, Mexico Source...

UnitedMasters taps RoEx to offer AI-powered mastering to indie artists
UnitedMasters artists will now have access to automated mastering services for $4.99 a track. Source...

Universal Music Group is targeting 8-10% annual growth in subscription streaming revenues. Here’s how that might play out.
UMG has announced some important new numbers. If they come true, how might they affect the company's growth? Source...

TikTok on the clock: A timeline of the app’s tumultuous relationship with the current US government
TikTok and the US Justice Department faced off in federal court on Monday (September 16) Source...

Tempo Music sues Miley Cyrus (and half the music industry) for allegedly copying Bruno Mars’ ‘When I Was Your Man’ on megahit ‘Flowers’
Numerous music streaming services, along with Live Nation and Disney, are named as defendants in the copyright infringement suit Source...

Kevin Liles to exit Warner Music Group as big changes at major continue under Robert Kyncl
Liles will leave his full-time WMG role at the same time as Max Lousada and Julie Greenwald Source...

New brands and experiences company Loud House Group launches with ex-Warner Music and Fanatics exec Dan Goldberg as CEO
Loud House Group is backed by investment firm Preface Global Source...

Universal’s direct-to-fan business has been growing at a whopping 33% rate, and 3 other things we learned at UMG’s Capital Markets Day
UMG has revealed it's working with Spotify on the streaming platform's new 'Super-Premium' subscription tier Source...

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