The Box by Roddy Ricch was the year’s biggest streaming track in the States, with over a billion plays across audio and video
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Author archives: Tim Ingham
Hipgnosis secures another $200m to buy music copyrights
Firm says it may request access to a further $150m in the near future
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Warner Music Group joins $520m investment round in video game platform Roblox
Warner Music Group has invested in kids’ gaming phenomenon Roblox, as the platform’s owner, Roblox Corporation, plans to float on the stock exchange via a Spotify-style direct listing. Warner has joined a $520m Series H investment round in …
‘Streaming’s growth in Africa is already exciting, but there’s so much more we can do’
Zimbabwean, British-raised exec Sipho Dlamani is heading up Universal Music Group in much of Africa. He forecasts a big future for the region and its impact around the world…
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Hipgnosis acquires 50% of Neil Young’s song catalog for around $150m
Merck Mercuriadis says the deal “changes Hipgnosis forever”
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Hipgnosis fully acquires Lindsey Buckingham song catalog, including 100% writer and publisher share of Fleetwood Mac hits
Buckingham’s songs from Rumours have been streamed over a billion times on Spotify alone
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Audio streaming volume grew by its biggest EVER amount in the UK in 2020, as Brits turned to music during pandemic lockdown
But it was a less good year for CD albums, with sales down by nearly a third on 2019
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Universal Music Group bolsters leadership in Africa, with Sipho Dlamini promoted to CEO of South Africa and Sub-Saharan Africa
UMG also hires Elouise Kelly and Chinedu Okeke in senior roles on continent
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Jimmy Iovine sells producer catalog royalties to Hipgnosis (so he can build a school)
Iovine is investing the proceeds into building an inner-city high school in LA
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Amazon Music buys podcast company Wondery, taking fight to Spotify
Deal was for over $300 million valuation, according to Wall Street Journal report
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