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THE ORCHARD SIGNS GLOBAL DISTRIBUTION DEAL WITH PESO PLUMA’S DOUBLE P RECORDS

Sony Music Entertainment-owned distribution and artist/label services company The Orchard has signed a global distribution deal with Double P Records, the imprint headed up by Latin music superstar Peso Pluma. Double P Records is a subdivision of Prajin Parlay Records, and Peso Pluma (whose given name is Hassan Emilio Kabande Laija) is Double P’s CEO and Head of […]

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JAPAN’S NEXTONE EXPANDS DISTRIBUTION NETWORK GLOBALLY IN PARTNERSHIP WITH SESAC MUSIC GROUP’S AUDIOSALAD

Tokyo-headquartered rights management and distribution company NexTone Corporation has entered into a new partnership with US-based music technology company, AudioSalad. Led by CEO Masahiro Anan, NexTone works with global digital service providers as well as domestic DSPs in Japan. NexTone says it has established partnerships with more than 800 clients. The new partnership with AudioSalad

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THE NUMBER OF LATIN MUSIC LISTENERS ON SPOTIFY WORLDWIDE SOARED 986% FROM 2014 TO 2023

From Bad Bunny to Peso Pluma, from Iñigo Quintero to Karol G, Latin music has been one of the recording industry’s biggest breakout success stories of the past few years. A large part of its momentum is coming from the US recorded music market, the world’s largest, where Latin music has seen several incredible years.

THE NUMBER OF LATIN MUSIC LISTENERS ON SPOTIFY WORLDWIDE SOARED 986% FROM 2014 TO 2023 Read More »

JEREMY SPONDER JOINS WARNER’S GLOBAL CATALOG TEAM AS VP OF US MARKETING FOR INTERNATIONAL REPERTOIRE

Jeremy Sponder has joined Warner Music Group’s Global Catalog team as Vice President of US Marketing for International Repertoire. In his new role, Sponder will be responsible for managing US marketing activations for both shallow and deep catalog originating from the UK and other international markets. Based in New York, he will report to the Global

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THOMAS COESFELD’S PLAN TO REFOCUS BMG ON MUSIC RIGHTS CONTINUES, AS BERTELSMANN-OWNED FIRM DIVESTS LIVE CONCERT COMPANIES

BMG has agreed terms that will see its two live companies, Undercover and Karo, transferred back to their minority shareholders. The news follows a recent announcement by BMG CEO Thomas Coesfeld that BMG will focus on its two core service areas of music publishing and recordings. BMG acquired a majority stake in Braunschweig-based Undercover, one of the most successful promoters in

THOMAS COESFELD’S PLAN TO REFOCUS BMG ON MUSIC RIGHTS CONTINUES, AS BERTELSMANN-OWNED FIRM DIVESTS LIVE CONCERT COMPANIES Read More »

HIPGNOSIS SONGS FUND LIKE-FOR-LIKE REVENUE UP 14.0% YOY IN 6 MONTHS TO END OF SEPTEMBER; COMPANY’S PORTFOLIO NOW VALUED AT $2.62 BILLION BY CITRIN COOPERMAN

They’re a couple of days later than expected… but now Hipgnosis Songs Fund‘s latest HY financial results have landed. Putting aside some ongoing governance drama at the UK-listed company for a moment, the numbers actually reflect a strong underlying performance from the firm’s catalog. In the six months to end of September 2023, HSF confirmed today (December 21), the company’s underlying/like-for-like net

HIPGNOSIS SONGS FUND LIKE-FOR-LIKE REVENUE UP 14.0% YOY IN 6 MONTHS TO END OF SEPTEMBER; COMPANY’S PORTFOLIO NOW VALUED AT $2.62 BILLION BY CITRIN COOPERMAN Read More »

DIRECT-TO-FAN PLATFORM MEDALLION RAISES $13.7M FROM INVESTORS INCLUDING METALLICA’S BLACK SQUIRREL PARTNERS

Direct-to-fan platform Medallion has raised USD $13.7 million in a Series A funding round, the company announced on Thursday (December 21). The round was led by global crypto venture fund Dragonfly (also an investor in Nas and Lil Baby-backed metaverse firm Everyrealm) and Lightspeed Faction, a blockchain-focused venture capital firm. Other participants included tech investors Coinbase Ventures,

DIRECT-TO-FAN PLATFORM MEDALLION RAISES $13.7M FROM INVESTORS INCLUDING METALLICA’S BLACK SQUIRREL PARTNERS Read More »

VEVO DSCVR ARTISTS TO WATCH 2024: FRIDAYY, LIBIANCA, STRANDZ

Our rundown of the Vevo DSCVR Artists to Watch 2024 list concludes with the spotlight shining on… FRIDAYY Justin Prager, Senior Director, Music Programming: “With his heavy baritone voice and unique lyrical skills, Fridayy should be considered one of today’s top R&B singers, no matter what day of the week it is.” LIBIANCA Jodeci Rampasard,

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ABBA VOYAGE HAD A $400M+ ECONOMIC IMPACT IN LONDON IN ITS FIRST YEAR

ABBA Voyage contributed £322.6 million (approx. $408m) in turnover to the London economy in its first year of operation (between May 2022 and May 2023). That’s according to a new analysis of the concert series’ first-year socio-economic impact on London and the local community. ABBA Voyage sees digital versions of ABBA perform seven times a week

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DANIEL FERNANDES PROMOTED TO GENERAL MANAGER, BRAZIL AT BMG, AS JASMINA ZAMMIT MOVES TO INTERNATIONAL ROLE IN BERLIN

BMG has promoted Daniel Fernandes to the role of General Manager, Brazil. Fernandes joined BMG in 2022, after a four-year stint at Brazilian record label Som Livre (acquired by Sony Music Entertainment last year), where he worked in music publishing analysis and A&R. In his new role, he succeeds Jasmina Zammit, who is transitioning to a Berlin-based role overseeing Latin America and

DANIEL FERNANDES PROMOTED TO GENERAL MANAGER, BRAZIL AT BMG, AS JASMINA ZAMMIT MOVES TO INTERNATIONAL ROLE IN BERLIN Read More »

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