News and Trends

Downtown Music-owned FUGA first struck its partnership with Insomniac Music Group in November 2022. Source source https://www.musicbusinessworldwide.com/fuga-renews-global-distribution-partnership-with-insomniac-music-group/

The deal is expected to close mid-2026. Source source https://www.musicbusinessworldwide.com/bmi-to-acquire-soundmouse-from-orfium-to-build-largest-and-most-comprehensive-global-cue-sheet-database/

BIBI has surpassed one billion streams in the past 12 months and has over 4 million monthly listeners on Spotify. Source source https://www.musicbusinessworldwide.com/warner-music-korea-strikes-strategic-global-partnership-with-management-firm-feelghood-music-to-represent-korean-star-bibi/

The Student plan remains unchanged at CAD $6.39 per month, while other tiers saw changes of CAD $1.30 to CAD $3.00 per month. Source source https://www.musicbusinessworldwide.com/spotify-raises-premium-prices-in-canada-by-up-to-cad-3-per-month/

The platform's first signing is SVRN, a performance-driven artist whose music video for his debut single "WHY" was released on Thursday. Source source https://www.musicbusinessworldwide.com/warner-music-forms-cross-border-artist-development-platform-gliide-with-thailands-gmm-music/

The biggest headlines from the past few days... Source source https://www.musicbusinessworldwide.com/from-sony-music-publishings-4-billion-catalog-deal-to-live-nations-blue-dot-fever-rebuttal-its-mbws-weekly-round-up/