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Barely more than a year after it began trading publicly, esports media platform FaZe Clan’s shares have lost more than 98% of their value; its most famous board member, Snoop Dogg, has stepped away; and now, the board has fired the company’s CEO. Among other things, FaZe Clan was notable for the fact that its […]

Independent music distributor DistroKid has acquired website hosting company Bandzoogle. Bandzoogle offers various e-commerce tools allowing musicians to market and sell products directly to their fanbases. Launched in Canada in 2003, Bandzoogle recently surpassed $100 million in sales generated by artists via websites powered by the company. Over half ($52.7m) of that sales figure, according to Bandzoogle, was generated in the

Song royalties trading platform JKBX is officially live. The platform’s arrival in the music business has been talked about a lot this year, with the company announcing in a press release last month that it is aiming to “become a transformative force in music and investing”. The JKBX platform, co-founded by CEO Scott Cohen, (co-founder of The Orchard and formerly

Global talent management company Milk & Honey is sponsoring the Publisher of the Year category at this year’s A&R Awards. Presented by Music Business Worldwide, the A&R Awards is the UK music industry’s most enjoyable night out of the year. It takes place at London’s Grand Connaught Rooms on the evening of Tuesday November 7th,

After a relatively quiet few weeks in the music business over the summer, this week was anything but. On Wednesday (September 6), France-based music streaming service Deezer and Universal Music Group announced the launch of what they call the “first comprehensive artist-centric streaming model”. The model will see Deezer attribute what it says is “a double boost” [i.e double

Warner Music Group CEO Robert Kyncl participated in a Q&A session on Wednesday (September 6) at Goldman Sachs’ Communacopia + Technology Conference in San Francisco. Kyncl touched on everything from WMG’s international expansion strategy to his prior experience as an executive at Netflix and YouTube, but one thing he wasn’t asked about was the big news in the industry that day – Universal Music Group and

Universal and Deezer‘s showstopping announcement about their new ‘artist-centric’ royalty model yesterday (September 6) triggered a big reaction in the music business – and some big questions. Amongst those big questions: Deezer says that, under the royalty calculations within this new model, it will apply a “double boost” to the streams of artists who have more than 1,000 monthly

Noah Assad’s Rimas Publishing has entered a strategic partnership with music metadata firm Muso.AI.  Headquartered in Los Angeles and Amsterdam, Muso.AI will leverage this partnership to expand into the Latin music market. Muso.AI says it has ingested over 1.4 million post-distribution credit modifications from rightsholders, artists and collaborators to date. The company notes that its verified credits are used