News Deezer and DAZN strike multi-market partnership offering users access to premium music and sports contentGlobal expansion is planned after initial launch in France, beginning with Germany, Austria and Switzerland
Analysis News Stray Kids label JYP Entertainment generated $70m in Q2, down 37% YoYJYP Entertainment has published its financial results for the three months ended June 30
News Roblox strikes deal with DistroKid – but indie artists won’t be paid any money from itRoblox revenues are forecast to hit $3.5bn across the course of this year
News Sony Music Masterworks acquires majority stake in immersive and live entertainment company, Black Sky CreativeBlack Sky’s recent projects include Stranger Things: The Official Store and AC/DC Official Dive Bar Takeover at the Power Trip Festival
News Iconoclast partners with Ujama Designs to acquire music rights of ‘culturally significant’ reggae artistsPartnership has kicked off with a music rights deal with reggae artist, Half Pint
News Charlotte Stahl promoted to Head of Artist & Label Partnerships EMEA at TikTokThe exec joined TikTok in 2020
News David Goldsen promoted to Senior Vice President, North America A&R at Warner Chappell MusicA&R exec elevated to leadership role, on top of signing Zach Bryan, Mitski, Tones and I, Red Clay Strays, Laufey, Teddy Swims, and more
News Universal Music Group and Meta ink new global deal, covering Facebook, Instagram… and WhatsAppDeal also covers Meta properties including Messenger, Horizon and Threads
Analysis News As HYBE raises $80m for its gaming business, could it try to emulate Sony Corp’s cross-media strategy?New 'HYBE 2.0' global strategy could look to borrow elements of Sony's longstanding multi-divisional structure
News Alix Kram appointed Head of Marketing at Universal Music Publishing Group in new global roleKram is a former Netflix and Warner Music Group exec
News Música Mexicana superstar Peso Pluma’s Double P Records strikes global deal with Downtown Music PublishingThe deal will also include administration for Peso Pluma’s own publishing interests
Analysis News Warner Music Group generated $1.55bn in calendar Q2; subscription streaming revenues rose 13.7% YoYWarner Music Group has published its financial results for the three months ended June 30, 2024 (calendar Q2 – the company’s fiscal Q3)
News The MLC partners with Beatdapp for streaming fraud detection servicesBeatdapp announced a $17m funding round in January
News Believe fully acquires Doğan Music Company, claimed to be Turkey’s largest independent label, after buying remaining 40% stake for $42mBelieve struck an initial deal with DMC in 2020 to acquire a 60% stake in the label
News Universal Music strikes strategic agreement with AI startup ProRata, which just raised $25m for a chatbot and tech to attribute and compensate content ownersProRata.ai has invented tech that it claims enables gen AI platforms to accurately attribute and share revenues on a per-use basis with content owners