Personal Finance

The MLC asks court to reconsider dismissal of Spotify ‘bundling’ lawsuit
"At stake is an unprecedented interpretation of regulatory language that would have far-reaching and profound financial consequences on an entire creative industry." 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...

Hiroki Totoki named new CEO of Sony Group; Kenichiro Yoshida to remain as Chairman
Leadership shakeup to be effective April 1, 2025 Source...

Caldecott Music appoints David Nam Le as MD of Vista Musical Instruments and Jon Bahr as Senior Advisor at BandLab Technologies
The appointments "underscore Caldecott Music Group’s commitment to our mission of empowering our community of artists, creators, and fans" Source...

Online ticket reseller Vivid Seats, valued at over $1bn, considers sale
Vivid Seats, an online ticket resale marketplace, is considering a sale following interest from potential buyers. The Chicago-based company, which competes with StubHub and SeatGeek, has enlisted fina...

Ryusuke Kamada named Chief Financial Officer at Avex USA
Kamada has been with Avex since 2018, and relocated from the company's Japanese headquarters to the US in January 2020 Source...

TikTok rival Triller sued over alleged non-payment of $35.5m debt
A hedge fund owned by Yorkville Advisors says Triller Group is in default on a tranche of convertible bonds Source...

HYBE and Chairman Bang Si-hyuk under investigation by South Korea’s financial regulator over ‘secret’ shareholder contracts in IPO (report)
HYBE allegedly made a nearly $340 million profit off an agreement with private equity firms that was apparently not disclosed to investors Source...

Spotify paid Warner Music Group $1.16bn in FY 2024. (That’s around the same amount the streamer’s execs have cashed out in stock this year.)
Warner's financial filings reveal Spotify's contribution to the company's revenues in the 12 months to end of September Source...

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