Craft Media was founded by prominent Arabic producer Hamdy Badr
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Category archives: News
From Hipgnosis Songs Fund’s financial results to HYBE’s Disney deal… it’s MBW’s Weekly Round-Up…
The big stories from the past week
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Hipgnosis Songs Fund didn’t buy a single catalog in the 6 months to end of March. It still grew in value by $140m.
Gross revenues topped $200m in the 12 months to end of March
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Aaron ‘Dash’ Sherrod named President of Urban A&R at Geffen Records
He most recently served as Senior Vice President of A&R at RCA Records
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Diplo, Red Light Management, Kevin Liles and more join $12m round for social audio platform Stationhead
Series A round was Led by Buttonwood Group Advisors
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Jessica Rivera joins SoundCloud as Global SVP & General Manager
Maurice Slade also appointed Head of Marketing
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Jonathan Carmel appointed Web3 and NFT Lead at Symphonic Distribution
Symphonic raised $37 million in a Series B round of funding in January 2022
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Mobile game PUBG expands into virtual concerts, with first performance from K-Pop group BLACKPINK
BLACKPINK will perform in ‘The Virtual’, a fan experience and free to view event
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So… how much did TikTok actually pay the music industry from its $4bn in revenues last year?
Is the music business sleepwalking into a generational mistake in its deals with TikTok?
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Rich Castillo exits Warner’s Atlantic Records UK for senior A&R role at Universal’s EMI Records
Rich Castillo joined Atlantic Records UK as A&R Director in May 2020
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