Music Business News: Spain News Colombia’s Dinastia takes a minority stake in music tech company SonoSuite Dinastia was already a client of SonoSuite, making the investment a strategic fit News Alicia Arauzo and Luis Fernández appointed Co-Managing Directors of Universal Music Spain Madrid-based execs will report directly to Jesús López, Chairman/CEO of Universal Music Latin America & Iberian Peninsula News Narcís Rebollo named CEO & President of Universal’s Global Talent Services, as Latin-focused company becomes standalone global division within UMG Rebollo to oversee GTS' global operations and divisions in the US, Latin America, Spain, and Portugal Analysis News Spain’s recorded music industry revenues reached $269m in H1, up 16.6% YoY Music streaming revenues in Spain grew 19.1% YoY News TikTok drops Lite ‘Rewards’ program in EU Decision comes just months after the launch of TikTok Lite Rewards in Spain and France News Indie music labels form ORCA, a think tank for ‘recorded culture and arts’ ORCA's goal is to equip policymakers, business leaders, and communities with a deeper understanding of music's significance News Spanish collecting society SGAE fined $7M for anticompetitive practices Spain's competition authority says SGAE abused its dominant market position with the use of flat-rate licensing fees News Royalties generated by Spanish artists on Spotify exceeded $133m in 2023 Spotify data shows Spain surprisingly weak in exporting music, despite strong domestic growth1 2 … 14 Next
News Colombia’s Dinastia takes a minority stake in music tech company SonoSuite Dinastia was already a client of SonoSuite, making the investment a strategic fit
News Alicia Arauzo and Luis Fernández appointed Co-Managing Directors of Universal Music Spain Madrid-based execs will report directly to Jesús López, Chairman/CEO of Universal Music Latin America & Iberian Peninsula
News Narcís Rebollo named CEO & President of Universal’s Global Talent Services, as Latin-focused company becomes standalone global division within UMG Rebollo to oversee GTS' global operations and divisions in the US, Latin America, Spain, and Portugal
Analysis News Spain’s recorded music industry revenues reached $269m in H1, up 16.6% YoY Music streaming revenues in Spain grew 19.1% YoY
News TikTok drops Lite ‘Rewards’ program in EU Decision comes just months after the launch of TikTok Lite Rewards in Spain and France
News Indie music labels form ORCA, a think tank for ‘recorded culture and arts’ ORCA's goal is to equip policymakers, business leaders, and communities with a deeper understanding of music's significance
News Spanish collecting society SGAE fined $7M for anticompetitive practices Spain's competition authority says SGAE abused its dominant market position with the use of flat-rate licensing fees
News Royalties generated by Spanish artists on Spotify exceeded $133m in 2023 Spotify data shows Spain surprisingly weak in exporting music, despite strong domestic growth