News and Trends

MBW's World Leaders series meets Taeho Park, who leads the NEXT ENTERTAINMENT BUSINESS (NEB) and Data Strategy Center units at Korean entertainment giant HYBE, the home of BTS Source source https://www.musicbusinessworldwide.com/hybes-taeho-park-on-expanding-the-superfan-market-via-transmedia-content-and-why-the-firms-neb-unit-is-its-future-business-frontier/

Deal marks Spotify’s expansion into guided wellness experiences as Peloton pushes further into platform-agnostic distribution strategy. Source source https://www.musicbusinessworldwide.com/spotify-strikes-peloton-partnership-to-launch-fitness-and-wellness-content-for-premium-subscribers/

New senior appointments come as music-focused financing platform builds out infrastructure across capital, legal and data functions Source source https://www.musicbusinessworldwide.com/matt-spetzlers-pipeline-hires-jennifer-scher-as-cfo-jason-munro-as-general-counsel-and-jay-srivastav-as-head-of-data-product/

Ben Blackburn, founder of Common Knowledge and manager of girl in red, is among the investors Source source https://www.musicbusinessworldwide.com/indie-label-group-futures-music-raises-6m-as-it-sets-sights-on-catalog-deals1/

6 billion track saves translated to 'many, many billions more streams in repeat' on platforms like Spotify and Apple Music said TikTok Source source https://www.musicbusinessworldwide.com/tiktoks-add-to-music-app-tool-surpasses-6b-track-saves-in-the-past-year/

The biggest headlines from the past few days... Source source https://www.musicbusinessworldwide.com/from-75000-ai-tracks-hitting-deezer-daily-to-umgs-copyright-lawsuit-against-quince-its-mbws-weekly-round-up/