News and Trends

Bloomberg reported that the talks are still at an early stage and may not result in a deal Source source https://www.musicbusinessworldwide.com/siriusxm-in-talks-to-acquire-iheartmedia-report/

MBW's World Leaders series meets Taeho Park, who leads the NEXT ENTERTAINMENT BUSINESS (NEB) and Data Strategy Center units at Korean entertainment giant HYBE, the home of BTS Source source https://www.musicbusinessworldwide.com/hybes-taeho-park-on-expanding-the-superfan-market-via-transmedia-content-and-why-the-firms-neb-unit-is-its-future-business-frontier/

Deal marks Spotify’s expansion into guided wellness experiences as Peloton pushes further into platform-agnostic distribution strategy. Source source https://www.musicbusinessworldwide.com/spotify-strikes-peloton-partnership-to-launch-fitness-and-wellness-content-for-premium-subscribers/

New senior appointments come as music-focused financing platform builds out infrastructure across capital, legal and data functions Source source https://www.musicbusinessworldwide.com/matt-spetzlers-pipeline-hires-jennifer-scher-as-cfo-jason-munro-as-general-counsel-and-jay-srivastav-as-head-of-data-product/

Ben Blackburn, founder of Common Knowledge and manager of girl in red, is among the investors Source source https://www.musicbusinessworldwide.com/indie-label-group-futures-music-raises-6m-as-it-sets-sights-on-catalog-deals1/

6 billion track saves translated to 'many, many billions more streams in repeat' on platforms like Spotify and Apple Music said TikTok Source source https://www.musicbusinessworldwide.com/tiktoks-add-to-music-app-tool-surpasses-6b-track-saves-in-the-past-year/