A summary of what a number of leading global music companies argued to Britain’s Competition and Markets Authority
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Author archives: Music Business Worldwide
Tencent Music rakes in $315m from music streaming subs in Q2, adds 2.5m paying users
Tencent Music Entertainment, which operates China’s biggest music streaming platforms, ended the second quarter of 2022 with 82.7 million paying music users. Online music streaming subscribers paid RMB 2.11 billion (USD $315 million) for TME’s music st…
Swedish House Mafia’s Steve Angello joins PPL for international neighbouring rights
PPL adds to roster that already includes Anderson .Paak, Rita Ora and ABBA’s Björn Ulvaeus
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BMI scraps multi-billion dollar sale plan following underwhelming offers
Executives at US collection society had hoped to sell for at least $1.5 billion, reports Bloomberg
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Anghami monthly subs up 41% YoY in H1, according to preliminary results
Total revenue grew 29% YoY to $21.1 million in H1 2022
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Paul Pacifico repped artists at the FAC, then indie labels at AIM. Is he now off to rep major labels at the BPI?
Pacifico will continue as CEO until the end of the year
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TikTok owns a patent for a music service – and it’s hiring for ‘TikTok Music’ staff.
TikTok owns a patent for a music platform in the US. But there’s a twist…
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From Warner Music Group’s revenues to Pollen going bust… It’s MBW’s Weekly Round-Up
The biggest stories of the week, brought to you by MBW and Centtrip
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Dawn Olejar named EVP and GM at Verve Label Group; Jamie Krents named President of Verve, Impulse! And Verve Forecast
Verve Label Group (VLG) comprises imprints including Decca Records US, Decca Classics, Deutsche Grammophon, Impulse! Records, Verve Records, and Verve Forecast
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Capitol Records just signed a virtual artist, FN Meka. He has over 10 million followers on TikTok.
FN Meka has 10 million followers on TikTok
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