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SoundExchange Digital Radio Payouts were up 10.5% in Q4 2021
Hypebot reports: "SoundExchange has released its Q4 2021 Digital Radio Report showing $249.3 million in quarterly payouts, a $23.7 million or 10.5% increase compared...
Warner Music Group Launches 300 Elektra Entertainment, Led By Kevin Liles
MusicBusinessWorldwide reports: "When Warner Music Group confirmed its acquisition of 300 Entertainment for $400 million late last year, the company also confirmed that 300’s...
Warner To Fund Web3 Music Projects Via New Accelerator In Partnership...
Music Business Worldwide reports: "Warner Music Group and Polygon Labs, a growth and development team in support of the Polygon network, have launched what they...
Concord Buys Native Tongue In Eight-Figure Acquisition, Expands In Australia And...
Music Business Worldwide reports: "The truth about that narrative squeaked out back in April when we learned that, yes, Concord had explored the possibility...
Warner Music Joins UMG In Inking Revenue-Sharing Deal With Facebook/Meta
Music Business Worldwide reports: "Warner Music Group has become the latest major music company to announce a fresh licensing deal with Meta. The agreement...
Judge Upholds Major Labels’ Billion Dollar Copyright Victory Against Cox Communications
Music Business Worldwide reports: "On Tuesday (January 12), a federal judge in Virginia upheld a $1 billion copyright infringement award won by Sony, Universal...
Social Platform Riff Secures $4M Investment from Empire, Top Dawg Entertainment,...
Music Business Worldwide reports: "This new investment round was joined by a trio of powerhouse music companies: Quality Control Music (home to Lil Baby,...
Jay-Z Finalizes Tidal Sale to Jack Dorsey for $350m… as Platform...
Music Business Worldwide reports: "The acquisition was for more money than expected, according to TMZ, which reports that Square paid $350 million to buy...
RTL Battles Netflix With Streamer RTL+ Bringing Together TV, Music, Podcasts
The Hollywood Reporter reports: "RTL will triple its content investment to nearly $700 million annually and launch a multi-service streaming platform combining digital content...
Spotify Just Invented Its Own Patented AR Technology To Predict Breaking...
Music Business Worldwide reports: "MBW has discovered that Spotify has invented technology that predicts which “relatively unknown” artists on its platform “are likely to...
