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Will 5G and Web 3.0 Usher in a New Copyright Crisis...
Variety reports: "In the ten years between 1999 and 2009, annual recorded music revenues in the U.S. (the world’s biggest market) collapsed from $14.6...
TikTok Radio Is Coming to SiriusXM as Companies Join Forces To...
MusicBusinessWorldwide reports: "TikTok, SiriusXM and Pandora have joined forces to launch TikTok Radio, a full-time SiriusXM music channel hitting the (online) airwaves this summer."
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OneOf is a green $63M funded music NFT platform for the...
Hypebot reports: "While superstar names and $63 million in seed funding will bring attention to OneOf, its real potential lies in plans to break...
NetEase To Spin off Music Streaming Service in $1bn Hong Kong...
Music Business Worldwide reports: "Chinese technology giant NetEase Inc. is planning to spin off its subsidiary Cloud Village, which operates music streaming service NetEase...
Believe Launches €300m Paris IPO Following ‘Most Prolific Quarter’ in Its...
Music Business Worldwide reports: "French indie distribution and services company, Believe, has launched its IPO on the Paris Euronext. The company – the owner...
YouTube Says It Paid the Music Industry Over $4bn in the...
Music Business Worldwide reports: "Could YouTube catch Spotify in future to become the music rights industry’s No.1 royalty payer?"
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Netflix and BMG Strike Long-Term Music Publishing Deal Outside U.S.
Variety reports: "Netflix has struck a new long-term exclusive agreement with BMG for the management and administration of its music publishing rights worldwide outside...
Michael Huppe of SoundExchange: ‘All players in the industry, creators or...
Hypebot reports: "SoundExchange CEO Michael Huppe weighs in on what a post-pandemic music industry is shaping up to look like, and why creators and...
Will the new world of the metaverse be governed by old...
Gamesindustry.biz reports: "In April 2020, records were broken when more than 12 million people attended a concert headlined by the US rapper Travis Scott....
Hipgnosis Songs Fund Now Owns a Music Catalog Worth Over $2.2...
Music Business Worldwide reports: "Hipgnosis is the owner of a catalog that has been independently valued at USD $2.21 billion, the UK-listed company revealed...