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Firebird to invest ‘tens of millions of dollars’ into new business partnership with Yungblud
Yungblud will contribute earnings from music, touring, merchandise, a clothing line, brand deals, and more, to a new business called YB Inc. Source...

Jay Z’s Roc Nation partners with South Korea’s Musicow to launch music royalty trading platform in the US
Musicow purchases the copyright of a song and splits the rights into smaller portions, allowing members on the platform to buy shares in royalties Source...

Guitar amp maker Marshall acquired by China’s HongShan in $1bn+ deal
Marshall's new owner is an investor in Alibaba, BYD, and TikTok owner ByteDance Source...

K-pop group NewJeans hires law firm, plans name change as HYBE dispute escalates
The group alleges that ADOR held secret meetings with their parents, attempting to create division within NewJeans Source...

‘The democratization of music has been a revelation. Nobody can really tell you who’s going to be successful anymore.’
Jennifer Knoepfle, Head of US A&R at Universal Music Publishing Group, reflects on her career in publishing, the biggest challenges and opportunities in the sector today, and the key to being the best...

Multiple buyers, including Oracle, Microsoft, and Perplexity AI, in race to acquire TikTok in the US (report)
Elon Musk, real estate magnate Frank McCourt, and Shark Tank’s Kevin O’Leary are also interested in taking over TikTok, according to reports Source...

Confirmed: Spotify and Universal have a new deal – including a direct agreement with Universal Music Publishing Group in the US
It’s official: as MBW reported earlier, Spotify and Universal Music Group have inked a new multi-year licensing agreement. Both sides of the deal have now confirmed their fresh alliance. And, as MBW...

Universal Music Group and Spotify have inked a new licensing deal. It remedies Spotify’s infamous US ‘audiobook bundle’ royalty discount in UMG payouts, say MBW sources
Big news from the land of MBW’s well-connected industry sources: Universal Music Group and Spotify have inked a new licensing agreement. (This news has now been officially confirmed by both sides �...

Superfans and Direct-to-Consumer Trends in 2024
Discover how superfans and direct-to-consumer (D2C) sales are reshaping the music industry in 2024. Learn how TuneGO empowers independent artists to create exclusive experiences, streamline merchandis...

From Suno being sued by GEMA to Weverse’s 150m lifetime downloads… it’s MBW’s Weekly Round-Up
The biggest stories from the past week – all in one place… Source...

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