News and Trends

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/

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/

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/

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/

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/

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/