Posts

Matt Gralen promoted to CEO of Beatport, Helen Sartory upped to President & COO, as longtime Chief Exec Robb McDaniels moves to Executive Chairman role

Gralen previously served as President and CFO, while Sartory was most recently Chief Revenue Officer. Source source https://www.musicbusinessworldwide.com/matt-gralen-promoted-to-ceo-of-beatport-helen-sartory-upped-to-president-coo-as-longtime-chief-exec-robb-mcdaniels-moves-to-executive-chairman-role/

‘To create from a genuine place, you have to be open, vulnerable and sensitive and when you put music out, you need to be the opposite. It’s almost impossible.’

MBW's Inspiring Women series meets former September Management COO-turned-author Delphine Seddon Source source https://www.musicbusinessworldwide.com/to-create-from-a-genuine-place-you-have-to-be-open-vulnerable-and-sensitive-and-when-you-put-music-out-you-need-to-be-the-opposite-its-almost-impossible/

Chord Music-linked ABS vehicle plans $500M deal, backed by $830M catalog led by Suicideboys, Morgan Wallen, and Ryan Tedder rights

Deal collateralized by royalties from a catalog of more than 3,750 works Source source https://www.musicbusinessworldwide.com/chord-music-linked-abs-vehicle-plans-500m-deal-backed-by-830m-catalog-led-by-suicideboys-morgan-wallen-and-ryan-tedder-rights/

Fashion brand Quince, recently valued at $10B, sued by UMG for ‘rampant and brazen infringement’ in TikTok posts

The company raised a $500 million Series E in March at a $10.1 billion valuation Source source https://www.musicbusinessworldwide.com/fashion-brand-quince-recently-valued-at-10b-sued-by-umg-over-unlicensed-use-of-music-from-sabrina-carpenter-justin-bieber-billie-eilish-and-more-in-tiktok-posts/

Reservoir-backed PopArabia acquires MENA label and distributor Viral Wave

PopArabia, Reservoir Media’s Abu Dhabi-headquartered partner focused on the Middle East and North Africa, has acquired MENA label and digital distribution company Viral Wave. The announcement on Monday (April 20) noted that the acquisition marks “an important milestone in PopArabia’s continued growth”, by adding distribution services to scale the company’s existing publishing and label services … Continued Source source https://www.musicbusinessworldwide.com/reservoir-backed-poparabia-acquires-mena-label-and-distributor-viral-wave/

75,000 AI-generated tracks now flood Deezer daily, representing 44% of all new music uploaded to the platform, says streamer

The volume of fully AI-generated music being uploaded to Deezer has surged again Source source https://www.musicbusinessworldwide.com/75000-ai-generated-tracks-now-flood-deezer-daily-representing-44-of-all-new-music-uploaded-to-the-platform-says-streamer/

From Live Nation’s antitrust trial loss to Max Lousada and Julie Greenwald’s 26.2 launch… it’s MBW’s weekly round-up

The biggest headlines from the past few days... Source source https://www.musicbusinessworldwide.com/from-live-nations-antitrust-trial-loss-to-max-lousada-and-julie-greenwalds-26-2-launch-its-mbws-weekly-round-up/