Mitch Glazier, CEO and Chairman of the RIAA, writes an exclusive op/ed for Music Business Worldwide on 2021’s figures
Source
Category archives: Analysis
We’ve come a long way together, and it’s just the beginning…
Mitch Glazier, CEO and Chairman of the RIAA, writes an exclusive op/ed for Music Business Worldwide on 2021’s figures
Source
With $15bn in revenue, 2021 was the US record industry’s biggest EVER year (kind of…)
MBW reveals historic numbers for the US market last year (although you should really factor in inflation)
Source
BMI hires Goldman Sachs to ‘explore strategic opportunities’. Could it end up selling?
Other possibilities might include expanding into sync, or even acquiring rights
Source
Why music companies should stop using vague stats
Eamonn Forde explores the rise of ‘vaguestats’ in the music business
Source
Spotify just invented its own patented A&R technology to predict breaking artists. Should labels be concerned?
Daniel Ek’s company suggests it could ink “recording deals” with on-the-rise artists… and spot them sooner than record companies
Source
Even without AWAL, Kobalt Music Group is a $600m+ annual business… and comfortably profitable
Company posted first ever full year of EBITDA profitability in FY2021
Source
From Universal’s $10bn revenues to Epic Games’ Bandcamp buyout: It’s MBW’s Weekly Round-Up
Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling arti…
Universal Music Group spent $459m on catalog acquisitions last year… less than half what it spent in 2020
New investor presentation reveals interesting numbers and facts around UMG’s acquisition strategy
Source
Universal Music Group surpassed $10 billion in revenues last year. It’s now double the size it was a decade ago.
UMG’s adjusted annual EBITDA topped $2 billion last year, according to MBW’s calcuations
Source