Author archives: Murray Stassen

Confirmed: Alibaba buys stake in NetEase Cloud Music in $700m deal

in a separate deal, Alibaba has also acquired NetEase’s import e-commerce platform Kaola for approximately $2 billion
The post Confirmed: Alibaba buys stake in NetEase Cloud Music in $700m deal appeared first on Music Business Worldwide.

Alibaba to acquire 20% of NetEase Cloud Music for around $2bn, say sources

Major league deal will take on Tencent Music Entertainment, owner of QQ Music, Kuwo and KuGou
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Jin Jin and Ina Rasinger join Parlophone Records A&R team

Rasinger joins as A&R Director on January 15 from Sony Music Germany; Jin Jin joins as Senior A&R Manager effective immediately
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Sony Music UK acquires merchandise company, Kontraband

Kontraband has handled the merchandise for an impressive roster of artists including Camila Cabello, Kylie, Iggy Pop, Bring Me The Horizon and others
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Spotify expands pilot of Premium Duo plan into 14 new Latin American countries

Plan is available in all Latin American countries that have Spotify except for Brazil
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Music launches on Facebook and Instagram across 15 countries in Latin America

Additional countries are Colombia, Chile, Peru, Ecuador, Bolivia, Venezuela, Guatemala, Uruguay, Paraguay, Honduras, Costa Rica, El Salvador, Dominican Republic, Panama and Nicaragua
The post Music launches on Facebook and Instagram across 15 countries…

Marathon Music Group appoints James Farrelly as Global Trade Marketing Director

Farrelly joins the company from Ministry of Sound Recordings/Sony Music UK
The post Marathon Music Group appoints James Farrelly as Global Trade Marketing Director appeared first on Music Business Worldwide.

Frank Briegmann at Universal Inside 2019: ‘We want the entire ecosystem of the music industry to grow with us’

Universal artists generated a total of 19.5bn streams in Germany in the first eight months of 2019
The post Frank Briegmann at Universal Inside 2019: ‘We want the entire ecosystem of the music industry to grow with us’ appeared first on Mu…