News Confirmed: Primary Wave acquires stake in Biggie Smalls catalog in deal valuing artist’s estate at $200m The WSJ reports that Biggie Smalls' mother Voletta Wallace approved the deal shortly before her death last month
News Warner’s ADA acquires music accounting tech platform RSDL.io Platform provides automated accounting tools
Interviews Andrew Klippel on Ourness, Royel Otis, and the ‘golden age’ of the music business MBW's Trailblazers series meets Andrew Klippel, co-founder of Australia-born music company Ourness
Analysis News Global recorded music revenues hit $29.6bn in 2024, up 4.8% YoY; users of paid music subscriptions reach 752m Mexico has overtaken Australia to become the World's tenth-largest recorded music market.
News Badshah launches label Pentertainment 0075 with support from Universal Music India Universal Music Group struck an exclusive global agreement with Badshah in 2021
News Spinnin’ Records Co-President Ewout Swart steps down; Warner Benelux boss Niels Walboomers to lead dance label in expanded role Label was acquired by Warner in 2017 in a deal worth over $100m
News HYBE acquires again, adding Los Angeles-based VIP experiences company Confirmed360 to its portfolio of subsidiaries 'HYBE AMERICA acquired Confirmed360, aiming to solidify its live events and experiences portfolio in the United States'.
Analysis News Deezer’s revenues grew 12.7% YoY to $586m in 2024, as operating loss narrows Deezer has published its financial results for the full year ending December 31, 2024
Analysis News Recorded music streaming revenues grew by just 3.6% YoY in the United States in 2024 – dragged down by a decline in advertising payouts RIAA has published its 2024 Year End report for the world's largest recorded music market
News Primary Wave struck a $100m JV with Times Music in 2023. Now that venture has acquired two companies in India. Times Music has acquired India's Symphony Recording Co. and ARC Musicq
Analysis News UMG asks court to dismiss Drake’s ‘Not Like Us’ lawsuit: ‘He has sued his own record label in a misguided attempt to salve his wounds.’ Company tells court that rapper's "claims against UMG are no more than Drake’s attempt to save face for his unsuccessful rap battle with Lamar."
News Brad Banducci named CEO of ticketing firm TEG, as Geoff Jones becomes Chairman TEG is one of Asia Pacific’s largest live entertainment and ticketing companies
News After raising $3.2m, music production and fan engagement platform AMPOLLO unveils advisory board Platform claims to provide 'a unique range of user-friendly tools and engagement opportunities to creators working in music.'
News Bill Ackman’s Pershing Square to raise $1.4bn from sale of 2.7% stake in UMG (report) 'We believe UMG is one of the best businesses we have ever owned,' said Ackman on X today
Analysis News Believe generated over $1bn in 2024, as company’s annual revenues grow 11.5% YoY Paris-headquartered music company has published its financial results for FY 2024
