Business News - CMU | the music business explained (Page 151)

Business News • 2 min read

CMU Digest 01.05.22: Spotify, NetEase Cloud Music, Article Seventeen, Digital Services Act, PRS

Weekly roundup covering Spotify's share price low despite subscriber growth, a NetEase legal complaint against Tencent Music, an EU court ruling on Article 17 and the Digital Services Act.…

Chris Cooke • 01 May 2022

Business News • 2 min read

US government publishes its latest copyright watch lists

The US Special 301 Report places seven countries on its priority watch list over IP concerns, while commending several Middle Eastern countries for reforms.…

Chris Cooke • 29 Apr 2022

Artist News • 2 min read

The Weeknd extends and expands Universal deal

The Weeknd has signed a wide-ranging deal with Universal Music covering recordings, publishing, brand management and merchandise, with Universal Music Publishing set to administer his songwriting catalogue.…

Andy Malt • 29 Apr 2022

Artist News • 1 min read

BMG acquires 50% stake in Primal Scream publishing catalogue

BMG has acquired a 50% stake in Primal Scream's song catalogues and a share of neighbouring rights income for the band's eleven albums.…

Andy Malt • 29 Apr 2022

Business News • 1 min read

Believe renews deals with Tencent and NetEase

Music distributor Believe has renewed its deals with Tencent Music Entertainment and NetEase Cloud Music, expanding opportunities for clients in China.…

Chris Cooke • 29 Apr 2022

Business News • 1 min read

Snapchat teams up with Live Nation for AR festival experiences

Snapchat and Live Nation are developing augmented reality experiences for users at eighteen festivals, including Lollapalooza, Wireless, Reading and Leeds.…

Andy Malt • 29 Apr 2022

Business News • 2 min read

IMS report dance sector began post-COVID revival in 2021

The IMS annual report says the dance sector revived in 2021 with a 71% revenue rise, though its $6 billion valuation remains below 2019 levels.…

Chris Cooke • 28 Apr 2022

Business News • 1 min read

NetEase accuses Tencent of infringing its intellectual property

NetEase's music division has accused Tencent Music Entertainment of copyright and platform IP infringement, including unlicensed tracks and imposter songs, and says Tencent has not yet responded.…

Chris Cooke • 28 Apr 2022

Business News • 2 min read

Spotify reports subscriber growth despite Rogan and Russia, but share price drops to all time low

Spotify added two million premium subscribers in Q1 2022, but its share price fell to an all-time low after weaker-than-expected growth and guidance.…

Chris Cooke • 28 Apr 2022

Business News • 1 min read

Tim Westwood leaves Capital Xtra following sexual misconduct allegations

Global says Tim Westwood has stepped down from his Capital Xtra show following sexual misconduct allegations, with BBC director general Tim Davie saying complaints must be taken seriously.…

Andy Malt • 28 Apr 2022

Artist News • 2 min read

Bob Dylan re-records songs for T Bone Burnett’s new hi-def physical audio format

Bob Dylan has re-recorded a set of his songs with T Bone Burnett to launch Ionic Originals, a new analogue audio format.…

Andy Malt • 28 Apr 2022

Artist News • 2 min read

One Liners: The Wanted, Jaxsta, Neneh Cherry, more

Jaxsta has promoted Beth Appleton to CEO, and The Wanted, Neneh Cherry, Arcade Fire and James Righton are among artists with new releases.…

Andy Malt • 28 Apr 2022