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Newswire
> February, 2024
February, 2024
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February, 2024
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Deezer CEO Jeronimo Folgueira exits
Folgueira will continue to fulfill his duties as CEO until his departure at the end of March 2024 Source...
Universal Music Group confirms cost-saving ‘redesign’, including layoffs, that will save $270m a year
UMG EVP, Boyd Muir, confirms that UMG needs to cut costs to hit the mid-20s EBITDA margin target it promised investors Source...
So… maybe don’t bet your house on Universal Music Group and TikTok reaching a deal anytime soon
UMG and Sir Lucian Grainge today doubled down on their borderline disgust with the licensing offer/s they've received from TikTok in recent months Source...
Universal Music Group generated over $1 billion per month on average in 2023
MBW crunches the numbers from UMG's latest quarterly earnings announcement Source...
Cyndi Lauper sells publishing catalog and master recording revenue to Pophouse Entertainment, the company behind ABBA Voyage
Deal marks Pophouse’s first acquisition from a US artist Source...
Bella Figura appoints Billy Millar as SVP of Creative, Chris Presland as Catalog Project Manager
Millar has previously held prominent roles at BMG and Hipgnosis, while Presland comes to Bella Figura from AWAL Source...
Experience commerce platform Easol, which has raised $30M in funding, opens first US office
Easol aims to simplify e-commerce for experiential retailers such as festivals and tour operators Source...
ASCAP doubles down on non-profit model after paying out record $1.59bn to songwriters and publishers in 2023
Over 960,000 members contribute to ASCAP's musical catalog, which includes artists like Beyoncé, Billy Joel, Cardi B, and more Source...
Sony Music UK promotes Damaris Rex-Taylor to Managing Director, RCA Records UK
At RCA UK, Rex-Taylor has guided campaigns for artists such as Tyla, Travis Scott, Cat Burns, Miley Cyrus, and newcomer Myles Smith Source...
UK recorded music revenues hit $2.76 billion annually, finally beating previous 2001 high
It has taken more than two decades for recorded music revenues to recover from the digital piracy slump, and that's not adjusting for inflation Source...
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Newswire
> February, 2024
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