Indian Spotify rival Saavn merges with JioMusic

India is becoming a hot place, for the streaming music business. According to "Music Business Worlwide", indeed, Spotify is planning a soft launch…

Report: US recorded-music revenues rose 16.5% in 2017

"Music Ally" just posted a report analysing the figures US industry body the RIAA published to summarize recorded-music revenues in 2017. They…

INgrooves is for sale at $100m

According to a report published by "Billboard", Global distribution and services company INgrooves is for sale with a $100m pricetag. Sources…

Pandora will acquire digital audio ad technology company AdsWizz

Pandora will acquire digital audio ad technology company AdsWizz for $145m; this in an effort to bolster its advertising revenues. According to…

UK songwriters body asks labels to share Facebook money

All three major labels and a host of indies promised to share any windfall revenue from Spotify’s direct public listing with their artists. But now…

Facebook signed new licensing deals with Sacem, Socan and Wixen

Facebook’s going on with its music-licensing efforts. The company just announced three more deals in this field: with French collecting society…

Spotify to go public on April 3: it's official

So, the rumour is now an official news: Spotify’s Head of Investor Relations, Paul Vogel, has just confirmed that the company will publicly list…

Lyor Cohen's keynote at SXSW in Austin: YouTube, Warner and all the rest

Music insustry exec Lyor Cohen was the protagonist of a keynote at SXSW, yesterday, during which he outlined his vision for YouTube and…

Spotify to list shares on the New York Stock Exchange the week of April 2

According to "Bloomberg", streaming giant Spotify plans to list shares on the New York Stock Exchange the week of April 2. Reportedly, Spotify will…

FUGA opens first office in Italy and signs Reverbnation

Good news for FUGA, the technology and services company for international rightsholders. Its year, indeed, kicked-off with new hires in London…

EMI Music Publishing is for sale at $4bn+... and Sony has already made moves

According to a report from "Bloomberg", anonymous sources confirmed that EMI Music Publishing is actually up for sale. And that's not all: EMI Music…

Kobalt: $150m invested in independent artists with AWAL

Kobalt just combined its recording business under the AWAL brand and invested $150m in funding to spend on marketing and advances for artists…

Sony confirms it will share equity money from the sale of its 5.7% stake in Spotify with the indie labels it distributes

"Music Business Worldwide" talked with Sony Music representatives who confirmed that the major will share equity money from the sale of its 5.7%…

Universal to share with artists the money generated from the sale of its Spotify stock

According to a report by "Music Business Worldwide", Universal officially confirmed its will to share with its artists the money it generates from…

2018 Academy Awards: the full winners list

The 2018 Academy Awards just took place last night at the Dolby Theatre in Hollywood, California. We didn't see many surprises, winners…

Universal acquired majority stake in Kenyan label AI Records

Universal Music Group (UMG) just acquired a 70% stake in Kenyan label, AI Records. According to reports, the acquisition was made by Universal’s…

The Great Escape festival: artists added to the line-up, plus a new site

The Great Escape 2018 - the music festival which will take place in Brighton on May 17-19 - announced the addition of The Beach, a new 2000 capacity…

Spotify is officially going public, despite having lost $1.4bn in 2017

After months of rumours, it's finally official: streaming giant Spotify filed its prospectus to begin trading on the New York Stock…

Live Nation's revenues for 2017 were of $10.3bn

Without a doubt 2017 was a very good year for Live Nation, in financial terms. The live-entertainment company's revenues indeed rose by 24% to $10…

Tencent leads $115m finding round for Gaana

Chinese tech firm Tencent led the funding round which brought $115m to Indian streaming service Gaana. Times Internet vice chairman Satyan Gajwani…