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Interscope Capitol Labels Group (ICLG) has promoted or named 13 executives to key positions and leadership roles. The announcement on Tuesday (March 12) follows last week’s news that Universal Music Group‘s frontline label groups in the US, Interscope Geffen A&M and Capitol Music Group, have been consolidated under the new name of Interscope Capitol Labels Group (ICLG). Interscope Capitol Labels Group is […]

It’s no secret that India’s music market is becoming one of the world’s most important. Recent data from market monitor Luminate suggests that, by volume, India could be the world’s largest music streamer very soon. In 2023, music listeners in India streamed 1.037 trillion music and music video tracks, behind only the US at 1.454 trillion plays. Yet that number is

HYBE, the South Korea-headquartered entertainment powerhouse behind K-Pop superstars BTS, took its first steps in establishing itself in the Latin music market with the acquisition of record label Exile Music last fall. By acquiring the Exile Music label, HYBE launched a Mexico-based Latin Music arm called HYBE Latin America. The company has now announced that industry veteran Fernando

South Korean entertainment giant SM Entertainment is making a big push into the music publishing industry with its subsidiary Kreation Music Rights (KMR).  Launched in September 2023, KMR has been busy building its arsenal by signing top songwriting talent and acquiring established music publishers, all with the ambitious goal of becoming “Asia’s leading music publisher within

A bill that could effectively ban TikTok in the US if its parent company ByteDance doesn’t sell it is being fast-tracked through the House of Representatives, amid reports that US President Joe Biden has given it his support. This despite the fact that the bill is garnering growing opposition from civil liberties and tech industry groups, and

Germany’s recorded music revenues reached EUR €2.208 billion (on a retail basis) in 2023, up 6.3% YoY. That’s according to new stats published by the German Music Industry Association (BVMI) on Tuesday (March 6) for the world’s fourth-largest recorded music market. That €2.208 billion annual revenue figure for Germany’s recorded music market in 2023 includes recorded music revenues generated from music

Interscope Geffen A&M (IGA), a division of the recently formed Interscope Capitol Labels Group (ICLG), has promoted or named 13 executives to key positions spanning its IGA Pop/Rock and IGA Urban arms. The announcement follows last week’s news that Universal Music Group‘s frontline label groups in the US, Interscope Geffen A&M and Capitol Music Group, are now officially consolidated under the new

South Korea, a global powerhouse in music and entertainment, is considering including music streaming in its proposed “Platform Competition Promotion Act” (PCPA).  The potential move comes amid concerns about the dominance of foreign giants like Spotify and Apple Music, raising anxieties about their impact on the Korean music industry and consumer choice. The country’s Fair Trade Commission last December announced

Warner Music South East Europe (WM SEE) has taken a minority stake in NIKA, a Slovenia-based indie label. NIKA is claimed to have been the first private-sector music label and distributor in what would soon be the former Yugoslavia when the label was founded by Darjo Rot and Marko Stopar in 1989. The company began with a small store

MBW’s Stat Of The Week is a series in which we highlight a data point that deserves the attention of the global music industry. Stat Of the Week is supported by music data analytics firm Chartmetric.   In December, MBW’s Entrepreneur Of The Year award winner Meng Ru Kuok told us that he predicts there will be 1 billion music creators “by 2030,