MBW’s Stat Of The Week is a new series in which we show why a single data point deserves the attention of the global music industry. Stat Of the Week is supported by Cinq Music Group, a technology-driven record label, distribution, and rights man…
Author archives: Tim Ingham
UnitedMasters now gives artists 100% of royalties via $5-per-month subscription tier
UM also strikes multi-year deal with ESPN for its independent artist roster to feature on TV shows and promos
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Sony acquires $250m stake in Epic Games, maker of Fortnite
Sony Corporation, parent of Sony Music Group, has acquired a minority stake in Epic Games – the creator of Fortnite and Unreal Engine. Sony has agreed to make a strategic investment of $250 million in Epic via a wholly-owned subsidiary of Sony. Accordi…
Eric Wong named President of Recorded Music at Warner Music Group
Eric Wong has been appointed President & Chief Marketing Officer (CMO) of Recorded Music for Warner Music Group. Wong, who takes up the position from August 17, moves over from Island Records, where he is Chief Operating Officer (COO). The exec wil…
Exclusive: Spotify is launching in Russia next week
MBW’s sources suggest platform will partner with local telco MTS
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Amuse joins Merlin to ‘secure the most artist-friendly terms’ from Spotify, TikTok and more
“Membership in Merlin gives Amuse access to major global DSPs, as opposed to pursuing multiple license deals,” explains Amuse boss Diego Farias
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After UK launch, fast-growing Milk & Honey expands into Europe with Amsterdam office
Edo Van Duijn to lead management company’s operation in Holland
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SiriusXM set to buy Stitcher (for a price that will make Deezer wince)
Reported $300m pricetag is 67 times the amount Deezer sold Stitcher for in 2016
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Is Donald Trump about to ban TikTok? ‘We’re looking at it’, says US Secretary of State
US Secretary of State tells citizens to only download TikTok if “you want your private information in the hands of the Chinese Communist Party”
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Hipgnosis market cap tops $900m as share price hits all time high
Hipgnosis Songs Fund went close to a billion-dollar valuation earlier today (July 6), as its share price reached an all-time high. The rally in the UK company’s share price, on the London Stock Exchange, followed two bits of big news from the fir…