Reservoir acquires Tommy Boy
Reservoir has acquired Tommy Boy Music in a deal reportedly worth $100 million, adding its catalogue, which may help resolve a dispute that has kept De La Soul's albums off streaming.…
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Nozstock latest festival to cancel amid ongoing COVID uncertainty and the insurance gap
Nozstock has cancelled its 2021 edition amid COVID uncertainty and the lack of cancellation insurance, with the next festival set for 21-24 July 2022.…
4AD partners with Northumbria University on Vaughan Oliver Scholarships programme
4AD and Northumbria University have launched the Vaughan Oliver Graphic Design Scholarships in honour of the designer who died in 2019, with three scholarships offered each year.…
One Liners: Ty Dolla $ign, Shaznay Lewis, RM, more
A round-up of news including Warner Chappell signing Shaznay Lewis, plus new releases from Ty Dolla $ign, RM of BTS, Dua Lipa, Chvrches and others.…
Setlist: YouTube's four billion dollar stats brag
CMU's Andy Malt and Chris Cooke discuss YouTube's claim it paid the music industry over $4 billion last year and calls for government-backed festival cancellation insurance.…
US Congress members say Spotify's Discovery Mode raises "significant policy issues", ask Daniel Ek five key questions
Two US House members have written to Spotify boss Daniel Ek saying the Discovery Mode scheme raises significant policy issues, and asked him five questions by 16 June.…
Warner Music announces new partnership with Songclip
Warner Music has signed a global multi-year partnership with Songclip, a B2B music tech company that simplifies licensing of short music clips for app makers.…
Mystery US investor interested in 10% of Universal Music revealed to be Bill Ackman-led SPAC
Vivendi has confirmed that Bill Ackman's special purpose acquisition company Pershing Square Tontine Holdings is the investor in talks to buy 10% of Universal Music Group.…
Downtown Music sets up new unit to pursue new market opportunities
Downtown Music has launched a new markets unit to find growth opportunities worldwide, headed by Sheer Music Publishing MD David Alexander as SVP of New Markets.…
Jax Jones launches his own label, WUGD
Jax Jones has launched the WUGD label in partnership with Universal's Polydor, with long-term manager Dan Stacey, starting with his own track 'Feels'.…
One Liners: Dua Lipa, Roddy Ricch, Joel Little, more
Hipgnosis acquires Joel Little's catalogue, IMPEL signs Amusica, the Recording Academy and Def Jam make senior appointments, and Amazon announces a new Prime Day music show.…
YouTube paid $4 billion to the music industry last year and is still finding new sources of revenue for artists, says Lyor Cohen
YouTube's Global Head Of Music Lyor Cohen says the platform paid over $4 billion to the music industry in the past year and signed record numbers of premium subscribers.…