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TIKTOK EXPANDS INTO LIVE MUSIC, WITH FIRST ‘TIKTOK IN THE MIX’ CONCERT TO BE HEADLINED BY CARDI B, NIALL HORAN, ANITTA, AND CHARLIE PUTH

Video-sharing platform TikTok has announced that it will be hosting its first-ever live music event, called ‘TikTok In The Mix.’ The live event is scheduled for Sunday, December 10, 2023, at Sloan Park in Mesa, Arizona. It will also be streamed globally via TikTok Live. The lineup features superstar artists headliners Cardi B, Niall Horan, Anitta, […]

TIKTOK EXPANDS INTO LIVE MUSIC, WITH FIRST ‘TIKTOK IN THE MIX’ CONCERT TO BE HEADLINED BY CARDI B, NIALL HORAN, ANITTA, AND CHARLIE PUTH Read More »

BLACKSTONE-BACKED $440M ACQUISITION OFFER FOR HIPGNOSIS SONGS FUND ASSETS SEES OFF RIVAL INTEREST

Last month, MBW broke the news that there was some interesting goings-on at Hipgnosis. As reported, Blackstone-backed Hipgnosis Songs Capital (HSC) launched a bid to acquire 29 catalogs from UK-listed Hipgnosis Songs Fund (HSF) for USD $440 million. These 29 catalogs include shares in hits performed by Taylor Swift and Lorde (Joel Little) as well as by Justin Bieber (Poo Bear), plus shares in the songwriting catalogs of

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SPOTIFY ADDED 6M PREMIUM SUBSCRIBERS IN Q3 – AND POSTED A QUARTERLY PROFIT

Music streaming giant Spotify has published its financial results and user numbers for the third quarter of 2023 (ended September 30). The headline stat from the company’s filing today (October 24): Spotify’s global Premium Subscriber base grew to 226 million paying users in Q3. That was up 16% YoY, and up by 3% YoY, or 6 million net subscribers, on the 220 million that SPOT counted at the

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MUSIC DISTRIBUTOR ALLIANCE ENTERTAINMENT GENERATED CALENDAR Q2 REVENUES OF $247M, DOWN 7% YOY

Alliance Entertainment, a Florida-headquartered distributor and wholesaler of physical media, has published its fiscal Q4 (calendar Q2) results for the three months ended June 30. Net revenues for the quarter slipped 7% year over year to $247.1 million from $265.2 million, according to the company’s latest financial report. The drop in Alliance’s revenue was “due mainly

MUSIC DISTRIBUTOR ALLIANCE ENTERTAINMENT GENERATED CALENDAR Q2 REVENUES OF $247M, DOWN 7% YOY Read More »

ROBIN NASTRI NAMED SVP, GLOBAL BUSINESS OPERATIONS AT SONY MUSIC PUBLISHING

Sony Music Publishing has appointed Robin Nastri to the newly created role of Senior Vice President, Global Business Operations. Nastri will report directly to Sony Music Publishing’s Chief Financial Officer, Tom Kelly. According to SMP, the exec will oversee the company’s “global transformation initiatives to streamline operations, enhance technology, and optimize processes”. With a career spanning over

ROBIN NASTRI NAMED SVP, GLOBAL BUSINESS OPERATIONS AT SONY MUSIC PUBLISHING Read More »

THE CIRCUIT GROUP AND DEFECTED RECORDS FORM STRATEGIC PARTNERSHIP FOR NORTH AMERICAN AND UK EXPANSION

The Circuit Group, a music company founded by music industry veterans from artist management firms Seven20 and AYITA, has partnered with dance music company Defected Records to bolster their North American and UK expansions. Under the terms of the agreement, Circuit will offer its services to Defected to help the latter establish its presence in North America.

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WARNER MUSIC OPENS NEW CREATIVE HUB IN AMSTERDAM TO HOUSE BENELUX UNITS AND SPINNIN’ RECORDS

Warner Music Group has launched a new creative hub in Amsterdam to house Warner Music Benelux, Warner Chappell Music Benelux, and Spinnin’ Records. Dubbed The Amsterdam Music Harbour, WMG says the new hub brings together the three WMG-owned units under one roof for the first time. “We can’t wait to welcome our artists, songwriters and WMG teams from

WARNER MUSIC OPENS NEW CREATIVE HUB IN AMSTERDAM TO HOUSE BENELUX UNITS AND SPINNIN’ RECORDS Read More »

HYBE-SIGNED K-POP STARS LE SSERAFIM PARTNER WITH GAMES DEVELOPER BLIZZARD ENTERTAINMENT FOR OVERWATCH 2 COLLABORATION

Blizzard Entertainment, a unit of Activision Blizzard, has announced that its free-to-play team-based action game Overwatch 2 partnered with South Korean girl group Le Sserafim for an in-game collaboration. The deal, which Blizzard says marks the game’s first musical artist collaboration, will see it working with Le Sserafim on the music video for their next

HYBE-SIGNED K-POP STARS LE SSERAFIM PARTNER WITH GAMES DEVELOPER BLIZZARD ENTERTAINMENT FOR OVERWATCH 2 COLLABORATION Read More »

3 OBSERVATIONS ON… HOW JAPAN’S MUSIC INDUSTRY CATERS TO (AND RELIES ON) ‘SUPERFANS’ MORE THAN ANY OTHER MARKET

If there is one key word (alright, other than AI) that 2023 will be remembered for in the music business it’s this one: ‘Superfans‘ Fans who are willing to spend more than the average fan on merchandise, music, and other content are a lucrative target audience for artists and their teams – and the music industry is

3 OBSERVATIONS ON… HOW JAPAN’S MUSIC INDUSTRY CATERS TO (AND RELIES ON) ‘SUPERFANS’ MORE THAN ANY OTHER MARKET Read More »

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