Posts

Erica Campbell’s label settles royalty lawsuit against distributor SRG/ILS Group, 15 days after suing for $1M+

The two sides settled before SRG had formally responded to the lawsuit in court, and no court has ruled on whether My Block's claims were valid. Source source https://www.musicbusinessworldwide.com/erica-campbells-label-settles-royalty-lawsuit-against-distributor-srg-ils-group-15-days-after-suing-for-1m/

Beatport secures financing led by Square Nine Capital, refinancing existing credit facility

Beatport, the music platform for DJs and producers, has secured new financing led by Square Nine Capital. The deal refinances an existing Beatport credit facility and brings additional capital into the company, according to an announcement from Square Nine on Wednesday (September 30). Beatport and Square Nine did not disclose the size of the investment … Continued Source source https://www.musicbusinessworldwide.com/?p=268833

Yusim Aladro promoted to General Manager at Warner Music Mexico

She reports to Tomas Rodríguez, President of Warner Music Mexico and Música Mexicana. Source source https://www.musicbusinessworldwide.com/yusim-aladro-promoted-to-general-manager-at-warner-music-mexico/

‘African music will keep growing and making waves globally. Our sound is unique, and the world is hungry for it.’

A few of the most interesting stats printed in IFPI‘s most recent Global Music Report concerned Sub-Saharan Africa (SSA). The SSA region was the fastest-growing recorded music region globally for the second consecutive year in 2023 and was also the only region globally to surpass 20% growth. Recorded music revenues in SSA were up 24.7% YoY in … Continued Source source https://www.musicbusinessworldwide.com/african-music-will-keep-growing-and-making-waves-globally-our-sound-is-unique-and-the-world-is-hungry-for-it/

The Intimacy Economy: Why Music Stars Are Going Small

Charli XCX called it “anti-marketing.” MBW columnist Diana Umana argues it’s a structural shift that the biggest artists have already caught on to… Source source https://www.musicbusinessworldwide.com/the-intimacy-economy-why-music-stars-are-going-small/

TikTok builds a Taylor Swift ‘Patient Zero’ hub – as her video rollout keeps skipping YouTube

"Patient Zero" went to the VMAs, Spotify, Apple Music and Amazon Music before YouTube got it on September 29. TikTok's hub followed a day later. Source source https://www.musicbusinessworldwide.com/tiktok-builds-a-taylor-swift-patient-zero-hub-as-her-video-rollout-keeps-skipping-youtube/

Warner sells EMP, the merch business it acquired for $180M in 2018, to whynow, owned by Mick Jagger’s son Gabe Jagger

whynow is a London-headquartered media and commerce company Source source https://www.musicbusinessworldwide.com/embargoed-warner-sells-emp-the-merch-business-it-acquired-for-180m-in-2018-to-whynow-owned-by-mick-jaggers-son-gabe-jagger/