At Least $5 Billion Was Spent On Music Rights Acquisitions In 2021. Could 2022 Be Even Bigger?
This article was published on January 10, 2022 Article link: https://www.musicbusinessworldwide.com/at-least-5-billion-was-spent-on-music-catalog-acquisitions-in-2021-could-2022-be-even-bigger/
Investors are spending hundreds of millions on records by Bruce Springsteen and the Red Hot Chili Peppers
Article Link: https://www.standard.co.uk/business/music-royalties-hipgnosis-round-hill-music-bruce-springsteen-red-hot-chili-peppers-paul-simon-neil-young-b973536.html
Melodity – The Web3 Ecosystem for the Music industry to fully unleash creativity with play-to-earn, listen-to-earn, NFTs and Metaverse
This article was published on Jan 04, 2021 Article Link: https://www.prnewswire.com/news-releases/melodity—the-web3-ecosystem-for-the-music-industry-to-fully-unleash-creativity-with-play-to-earn-listen-to-earn-nfts-and-metaverse-301452495.html
Sony Music is a ‘cornerstone investor’ in NetEase Cloud Music
This article was published on November 23, 2021 Article Link: https://musically.com/2021/11/23/sony-music-is-a-cornerstone-investor-in-netease-cloud-music/
BMG Strikes Alliance With Germany’s Taubertal-festival In Latest Live Music Move
This article was published on October 26, 2021 BMG, its live partner company Undercover, and Volker Hirsch, founder of the German Taubertal-Festival, have entered into an alliance. BMG says the alliance forms the “next step” in its expansion into the live music and entertainment business, after launching its live music division last year. Source: https://www.musicbusinessworldwide.com/bmg-strikes-alliance-with-germanys-taubertal-festival-in-latest-live-music-move/
Ingrooves Expands Into Italy, Names Luca Stante As Country Manager For The Market
This article was published on October 25, 2021 To read the entire article, please click on the given link: https://www.musicbusinessworldwide.com/ingrooves-expands-into-italy-names-luca-stante-as-country-manager-for-the-market/
YouTube Music will launch free background listening starting in Canada
This article was published on October 4, 2021 YouTube Music is lifting one of its most annoying limitations — but only in Canada. Today, YouTube announced that beginning November 3rd, customers in Canada will be able to continue listening to their music in the background while doing other tasks on their phone or when the screen is off. Background listening will support both the standard ad-supported, personalized radio mixes and any uploaded content you’ve added to your account. This is the first time that YouTube Music has offered the feature without requiring that customers step up to a Premium subscription to get it. As for when listeners in other countries can expect to get the same convenience, for now, YouTube is only saying to “stay tuned for additional information and expansion plans.” Source: https://www.theverge.com/2021/10/4/22708688/youtube-music-free-background-listening-date
Spotify Rival Anghami Strikes Partnership With Mobile Game Pubg
[kc_row use_container=”yes” force=”no” column_align=”middle” video_mute=”no” _id=”113653″][kc_column width=”12/12″ video_mute=”no” _id=”651456″][kc_column_text] This article was published on OCtober 01, 2021 Source: https://www.musicbusinessworldwide.com/spotify-rival-anghami-strikes-partnership-with-mobile-game-pubg/ [/kc_column_text][/kc_column][/kc_row]
David Bowie’s Entire Catalog Is Coming to Warner Music From 2023
This article was published on Sept. 16, 2021 Source: https://www.musicbusinessworldwide.com/david-bowies-entire-catalog-is-coming-to-warner-music-from-2023/
Believe Revenues Jump 30% In H1 2021 To Over $300 Million
Believe, which listed on the Paris stock exchange this summer, has revealed its interim financial results for the first six months of 2021. On an organic basis, Believe’s global revenues rose 30% to €260 million (USD $315m) in the half-year period, up from €196 million in the same period of 2020. To read more click the link below:https://www.musicbusinessworldwide.com/believe-revenues-jump-30-in-h1-2021-to-over-300-million/