February, 2025

FireAid concerts drew 50m viewers, raised $100m for wildfire relief efforts
The money will be used for immediate and long-term recovery needs as California picks up the pieces from the recent wildfires Source...

TikTok’s parent company quietly launched a music licensing platform called EasyOde
ByteDance appears to have a service in the works that could shake up the global music licensing market. Source...

Daniel Ek cashed out another $37.3m in Spotify shares as stock hit new high
Spotify’s stock surged to a new all-time high of $626 this week, boosting the company's market cap to $125.71 billion Source...

Confirmed: Warner buys majority stake in Tempo (just as MBW told you it would).
Warner Music Group has today (February 6) confirmed that it has acquired a controlling stake in Tempo Music Investments aka Tempo Music. Tempo’s previous owner, Providence Equity Partners, holds on ...

Following app debacle, Sonos slashes 12% of workforce amid takeover talks
The company has laid off 200 people ahead of the release of its fiscal Q1 results Source...

Warner Music Group and Spotify ink new deal – overriding controversial CRB ‘bundling’ payment structure in the US
Deal covers 'artist-centric' elements and includes direct agreement in the US with Warner Chappell Source...

Brian ‘Busy’ Dackowski named Executive Vice President/Head of Pop/Rock Digital Marketing at Capitol Records
Exec will be based in Capitol’s Los Angeles headquarters Source...

Warner Music Group generated $1.67bn in calendar Q4; subscription streaming revenues rose 6.6% YoY
Warner Music Group has published its financial results for the three months ended December 31, 2024 Source...

The major record companies lost market share again on Spotify last year. But BMG and ‘artist-centric royalties’ make this a more complicated picture than it first appears.
To understand one of the industry's favorite graphs, a few things first need to be taken into account Source...

UK court rejects Sony’s bid to throw out case over ownership of Jimi Hendrix’s music
The estates of Jimi Hendrix Experience bandmembers Noel Redding and Mitch Mitchell are suing for copyright infringement Source...

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