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BMG has announced that UK electronic music duo The Chemical Brothers have “decided to consolidate their entire publishing catalog” at the company. The news comes just weeks after The Chemical Brothers announced that their tenth studio album, For That Beautiful Feeling, will be released on September 8. The deal means the duo’s first seven albums beginning with

Concord has acquired a portion of the music publishing catalog of Tom Higgenson, songwriter and frontman of the Plain White T’s. The agreement includes the global pop hit with more than a billion streams Hey There Delilah. According to Concord Chief Business Development Officer Steve Salm the acquisition “now gives Concord ownership in both the recording and

The recent spate of price hikes at music streaming services is gathering steam. Last month alone saw price hike announcements from YouTube Music, Tidal and Spotify – the first-ever increase in the latter DSP’s individual premium subscription plan in many markets. Now Amazon Music has announced a price hike for its Prime members in the US for Amazon Music Unlimited, the online retailer

US performance royalties collection organization SoundExchange has launched a lawsuit against SiriusXM, alleging that the satellite radio service engaged in “contrived and improper” accounting practices to reduce the amount of money it pays to music copyright holders. In a complaint filed with the US District Court for the Eastern District of Virginia on Wednesday (August 16),

MBW Reacts is a series of comment pieces from the Music Business Worldwide team. They are our analytical (and sometimes opinionated) reactions to major recent entertainment news stories. If you can’t beat ‘em, join ‘em. That may be the emerging philosophy that music recording companies are adopting in the age of AI-generated deepfakes – especially in the

The BBC‘s historic London-based Maida Vale studios have been sold to a group of buyers including Tim Bevan & Eric Fellner, co-chairmen of Working Title, as well as Hans Zimmer and Steve Kofsky. According to the announcement, there are plans to keep the original façade of the building and to “preserve the ethos of Maida Vale”,

Unlike rivals like Facebook, Instagram and TikTok, X – the Elon Musk-owned social media service formerly known as Twitter – does not have licensing deals in place with major music companies. The platform’s lack of agreements with music rightsholders has long been a matter of contention, and the platform is often criticized in the music industry for turning

Inflation, combined with a lack of price hikes at many streaming services, took a significant bite out of Beggars Group’s profits last year – despite a double-digit revenue rise. The UK-headquartered firm, one of the world’s most prominent independent music rights companies, recently revealed its earnings for 2022 in a regulatory filing to UK Companies House.

Los Angeles-headquartered music distribution and payments platform Stem has launched a new financial services platform under the ‘Tone’ brand. Stem says that Tone aims to “fix the broken financial processes” across the music industry. The launch comes two months after securing a $250 million credit facility from Chicago-headquartered Victory Park Capital,  Last year, Stem raised $20 million in a funding round led by