Posts

Sir Lucian Grainge talks AI strategy, Downtown, D2C, superfans, and more on UMG’s latest earnings call

MBW listened in to UMG's latest earnings call. Here's what we learned. Source source https://www.musicbusinessworldwide.com/sir-lucian-grainge-talks-ai-strategy-downtown-d2c-superfans-and-more-on-umgs-q4-earnings-call/

Andrea Czapary Martin to exit as CEO of the UK’s PRS for Music at the end of 2026

PRS represents the rights of more than 180,000 songwriters, composers, and music publishers. Source source https://www.musicbusinessworldwide.com/andrea-czapary-martin-to-exit-as-ceo-of-the-uks-prs-for-music-at-the-end-of-2026/

Music industry groups push US Senate to tighten TICKET Act, cap resale fees at 10%

Fix the Tix also pushes for disclosure of the base ticket price, and a prohibition on speculative ticketing. Source source https://www.musicbusinessworldwide.com/music-industry-groups-push-senate-to-tighten-ticket-act-cap-resale-fees-at-10/

Idris Elba-owned indie label 7Wallace strikes strategic partnership with Nas’ Mass Appeal Records

London-based 7Wallace has worked with artists across hip-hop, soul, electronic, and alternative music Source source https://www.musicbusinessworldwide.com/idris-elba-owned-indie-label-7wallace-strikes-strategic-partnership-with-nas-mass-appeal-records/

Michael Riggs promoted to SVP, Licensing & Income Tracking at Sony Music Publishing

Nashville-based executive expands oversight of digital licensing and royalty tracking operations as publisher continues broader leadership reshuffle. Source source https://www.musicbusinessworldwide.com/michael-riggs-promoted-to-svp-licensing-income-tracking-at-sony-music-publishing/

Create Music Group, at $2.2 billion valuation, completes $450 million fundraise

The company remains majority-owned by its founders, with institutional investors Ares Management, 2 Mile, and Flexpoint Ford each holding minority stakes. Source source https://www.musicbusinessworldwide.com/create-music-group-at-2-2-billion-valuation-completes-450-million-fundraise/