‘The new global fan community platform will become an unrivaled player in the global entertainment market,’ claims Naver
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Author archives: Music Business Worldwide
BTS label Big Hit to invest $63m in rival K-Pop company YG Entertainment
YG Entertainment has worked with K Pop stars like BLACKPINK, BIGBANG
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Liberty Media offshoot raises $575m to buy huge company – will it be in music?
Company started trading on the Nasdaq Stock Exchange under the symbol LMACU on January 22
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Record industry injunction forces website to stop offering ‘fake streams’ in Germany
Injunction prevents site from offering artificial ‘plays’ or ‘views’ of streams as well as fake ‘comments’, ‘likes’ and ‘subscribers’ in connection with music content
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Social app Clubhouse raises new funding and plans to launch payment features for creators
Launched in March 2020, the app now has over 180 investors
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Greg Marella promoted to President Of Promotion And Executive Vice President of Capitol Music Group
Marella joined CMG in 2016 from Kemosabe Records
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Craig ‘Big C’ Mannix appointed Sr. Director, Urban Marketing at Universal Music Canada
Mannix is the first new hire focused on urban marketing for UMC’s domestically signed urban repertoire
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Warner Music Group’s Jessica Goldenberg Appointed to SoundExchange Board of Directors
Goldenberg brings expertise across the legal and strategic sectors of the music industry
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Universal and LEGO launch augmented reality music video making app, VIDIYO
LEGO VIDIYO can be accessed via ‘a unique mashup’ of LEGO elements, minifigures, music, augmented reality and a new app
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Wise Music Group acquires Zombies catalog in deal with Bocu Group
Song titles include hits like She’s Not and Time of the Season
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