Songwriters will be paid within 60 days rather than 90
Source
Author archives: Music Business Worldwide
Adam Leber nearly gave up on artist management. Now, with Lil Nas X and Miley Cyrus’ help, he’s smashing it.
“There has to be a reason you’re willing to base your life around an artist’s – because that’s what this job is.”
Source
Yousician raises $28m in B Round, new investors include Amazon Alexa Fund and Paul McCartney’s MPL Ventures
Silicon Valley firm True Ventures is the company’s lead investor
Source
Virgin Music Label and Artist Services partners with Hip-Hop label Biordi Music in Australia
Label was launched in 2019 by Australian musician Lowkee
Source
Kim Lim promoted to Managing Director of Universal Music Malaysia
Exec will oversee UMG’s operations throughout Malaysia
Source
Tencent could be hit with $1.5bn fine and forced to sell two music apps in China (report)
Reuters reports that anti-competitive watchdogs could force TME to sell off Kugou and Kuwo
Source
Sony says it’s ‘aggressively pursuing’ music acquisitions… and buys a Mexican catalog to prove it
Comment comes as Sony Music Group posts a strong quarter in the three months to end of March
Source
Sony Music soared in calendar Q1, with over $1.3bn in recorded music revenue banked
Sony Music Publishing revenues rise 11% year-on-year at the US dollar level
Source
BTS and Big Hit (HYBE) sued for copyright infringement over K-Pop reality TV show I-Land
Big Hit also named in lawsuit claiming that the idea for the show was “stolen”
Source
Warner Chappell Music signs Ari Lennox to global publishing administration deal
Lennox has collaborated with Doja Cat, Chance the Rapper, Wale, Ty Dolla $ign, Kiana Ledé
Source