June, 2024

Carlyle-backed Litmus Music buys Randy Newman’s publishing, recorded music interests
Financial terms of the deal were not disclosed in today's announcement Source...

2 Live Crew can take back recorded music copyrights from ex-label, jury rules
Lawyers for the current owner of 2 Live Crew's copyrights have filed to overturn the jury's decision Source...

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...

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