August, 2024

NetEase Cloud Music profit soars as revenue from streaming subscriptions jumps 25.5% YoY
China's second-largest music streaming company more than doubled its net profit year on year Source...

Primary Wave acquires publishing and other rights to entire catalog of ‘Feels So Good’ composer Chuck Mangione
Mangione's five-plus decade career in music yielded more than 30 albums and two Grammy wins Source...

From Hipgnosis’ next phase to TikTok’s indie takeover… it’s MBW’s Weekly Round-Up
The biggest stories from the past week – all in one place… Source...

Riot Games partners with Virgin Music for ‘Arcane’ season 2 OST
Arcane's season one soundtrack proved to be a major commercial and critical success Source...

Sony is excited about its new blockchain platform, Soneium – and music could play a big part in its future
The company aims to turn Soneium into a comprehensive Web3 solution, offering services from the infrastructure level to application development Source...

Downtown partners with Hook, an AI app backed by Edgar Bronfman Jr’s Waverley Capital
The deal “could serve as a blueprint for how AI companies can successfully work with music rights holders" Source...

TIDAL launches tool for US songwriters to claim and manage their work
Songwriters will be able to organize their IPI, PRO and publisher information in one place Source...

Nick Bobetsky on Chappell Roan’s rise and why artistry is ‘a human matter – not a business matter’.
Chappell Roan manager Nick Bobetsky on the incredible rise of the breakthrough artist Source...

Oscar Scivier named Warner Music’s Senior Director, A&R, Asia
In his new role at Warner Music, Scivier will be based in Hong Kong Source...

BMG hires Celine Joshua as EVP, Global Marketing
Joshua was most recently at Universal Music Group where she headed up Web3-focused projects Source...

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