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Sony Music Surges to $1.85 Billion in Revenue After 43% Rise...

Billboard reports: "Sony's music operations and visual media platform posted a sharp increase in revenue, growing 17.6% to $2.467 billion from $230.87 billion in...

DistroKid Enters NFT Market With ‘Sellouts’, Mints 10,000 Collectible NFTs

Music Business Worldwide reports: "Another day passes, another music company dips its toes into the potentially lucrative world of NFTs. Now, the $1.3 billion...

Spotify Tests TikTok Style Video Music Discover Feed

Hypebot reports: "Spotify has confirmed that it is actively testing “Discover,” a vertical feed of short music videos that users can scroll through, like,...

Peloton and Spotify Pump Up Their Partnership

Forbes reports: "Beginning November 3, the fitness brand now has its own dedicated shelf within the Spotify Workout Hub that includes seven rotating playlists...

Warner Music Quarterly Financials Rise as Digital Revenue Jumps 19 Percent

The Hollywood Reporter reports: "Net income for the latest period rose from $1 million to $30 million. Digital revenue jumped 19 percent in the...

Tuned Global Strikes Partnership with AI Firm Super Hi-Fi

Music Business Worldwide reports: "B2B streaming technology platform Tuned Global has struck what it calls a “technology-compatibility partnership” with US-based AI Audio Technology company...

YouTube Music Rolls Out 2021 Recap Feature to Rival Spotify Wrapped

C|Net reports: "The Recap landing page appears on the YouTube Music app, where users can scroll to see personalized stats. You'll also see your...

Kojima Productions Launches New Film, TV, and Music Division

Gamesindustry.biz reports: "Death Stranding developer Kojima Productions has launched a new division dedicated to music, TV and film. Based in Los Angeles, California, the...

Create Music Group Acquires India-Based Distribution and Rights Management Firm, Nirvana...

Music Business Worldwide report: "US-based music and media company Create Music Group has acquired Mumbai-based Nirvana Digital, described as one of the largest YouTube...

DistroKid Launches Sellouts NFTs For 9,999 Indie Artists

Hypebot reports: "DYI music distributor DistroKid has partnered with Nifty Gateway to launch 9,999 NFTs for independent musicians who will earn money every time...