April, 2024

HYBE’s Weverse to launch new superfan subscription tiers… and keep up to 60% of the money
Weverse will reportedly take up to 60% of the revenue generated on its new paid membership service Source...

Apple Music inks major deal in China: App now accessible for China Mobile’s 1 billion+ customers
Apple's music streaming service faces stiff competition in the Chinese market from Tencent, NetEase and others Source...

Whose rights were sold to Concord in that $217m catalog deal? Daddy Yankee.
Puerto Rican megastar inks deal which covers recording and publishing assets Source...

From UMG’s [PIAS] buyout to Concord’s $217m Daddy Yankee deal… it’s MBW’s Weekly Round-Up
The biggest stories from the past week – all in one place… Source...

Universal makes big move in China’s hip-hop scene, inking deal to distribute artists from ‘The Rap Of China’
All upcoming songs from the latest season's artists will be distributed globally under UMG Source...

US’s Federal Trade Commission finalizes ‘click-to-cancel’ rule for subscription services
The new rule requires cancelling a subscription to be at least as simple as signing up for one Source...

Tomorrowland Music taps BMG for exclusive global management and administration
The BMG partnership adds publishing expertise to Tomorrowland Music's existing team Source...

Milk & Honey sponsors Publisher of the Year category at next month’s Music Business UK Awards
Award-winning management company backs the industry's favourite awards ceremony Source...

Jeff Jones steps down as CEO of The Beatles’ Apple Corps
The company didn't name a successor in its announcement of Jones' departure Source...

UK recorded music exports hit record high of $964m in 2023 – but global share of consumption is shrinking
Industry group BPI is calling on government support for UK artists as global competition intensifies Source...

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April

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