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From GMR’s new CEO to 253m tracks on streaming platforms… it’s MBW’s weekly round-up

The biggest headlines from the past few days... Source source https://www.musicbusinessworldwide.com/from-gmrs-new-ceo-jeff-toig-to-quarter-of-a-billion-tracks-on-streaming-services-its-mbws-weekly-round-up/

Jeff Toig named CEO at Irving Azoff’s GMR, as co-founder Randy Grimmett becomes Executive Chairman

Toig has served as Global Music Rights’ Chief Business Officer since 2018 Source source https://www.musicbusinessworldwide.com/jeff-toig-named-ceo-at-irving-azoffs-gmr-as-co-founder-randy-grimmett-becomes-executive-chairman/

SESAC Names Chris Sheehan as VP, International

Veteran UK executive steps into international role following more than two decades of collaboration with the PRO Source source https://www.musicbusinessworldwide.com/sesac-names-chris-sheehan-as-vp-international/

‘Producers don’t get the recognition and respect that we deserve a lot of the time. We’re literally half of the song.’

Hit Boy discusses his breakthrough work with artists like Jay Z and Travis Scott as well as his own career as an artist, the impact of AI and working across genres Source source https://www.musicbusinessworldwide.com/producers-dont-get-the-recognition-and-respect-that-we-deserve-a-lot-of-the-time-were-literally-half-of-the-song/

Spotify hikes price for Premium subscribers in the US, other markets

Monthly subscription cost for Premium Individual will rise from $11.99 to $12.99 in the US Source source https://www.musicbusinessworldwide.com/spotify-hikes-price-for-premium-subscribers-in-the-us-other-markets/

Sony Music Publishing and Daniel Nigro Sign Global Deal with Jon Buscema

Deal marks one of the first producer signings under Nigro’s Amusement venture. Source source https://www.musicbusinessworldwide.com/sony-music-publishing-and-daniel-nigro-sign-global-deal-with-jon-buscema/