Web3 music investment startup anotherblock raises $2.5m

anotherblock, a web3 platform that lets fans invest in music by buying NFTs, has raised $2.5m (24m SEK) in a new round of funding. The round was led by Inventure, a Nordic... Read more »

After raising $34m, beatBread closes ‘seven figure artist financing deal’ with singer-songwriter Elley Duhe

Music funding platform beatBread has been making a bit of noise in the music industry over the past few months. In February, the company raised $34 million in a seed round led by... Read more »

Zara Larsson buys back recording catalog, launches new Sommer House label

Multi-platinum Swedish pop star Zara Larsson has bought back her entire recording catalog. According to a statement, the artist has struck what’s described as a “unique agreement” with TEN Music Group CEO... Read more »

Spotify says it can hit 1bn users globally by 2030. But its MAU growth is slowing in Latin America.

Spotify [2,818 articles]” href=”https://www.musicbusinessworldwide.com/companies/spotify/”>Spotify held its first ‘Investor Day’ presentation since 2018 in New York today. There was plenty of optimism on display during the event’s near-four hours of corporate chatter, which... Read more »

Becky G is giving away $500,000 worth of Bitcoin to fans via Cash App

MBW’s Stat Of The Week is a series in which we highlight a single data point that deserves the attention of the global music industry. Stat Of the Week is supported by Cinq... Read more »

‘Music creation has changed, fan behavior has changed, and therefore, artists’ needs for digital music distribution have changed too.’

The following MBW op/ed comes from Andreea Gleeson, Chief Executive Officer of Believe [238 articles]” href=”https://www.musicbusinessworldwide.com/companies/believe/”>Believe-owned DIY distribution company TuneCore [163 articles]” href=”https://www.musicbusinessworldwide.com/companies/believe/tunecore/”>TuneCore. Gleeson’s op/ed follows the platform’s announcement this week that... Read more »

Warner Chappell strikes exclusive publishing deal with Kevin Hart’s entertainment company HARTBEAT

Warner Chappell Music [558 articles]” href=”https://www.musicbusinessworldwide.com/companies/access-industries/warner-music-group/warner-chappell-music/”>Warner Chappell Music (WCM) and Kevin Hart’s media company HARTBEAT, have entered into an exclusive music publishing partnership. Under the deal – described as “a first of... Read more »

Ashley Calhoun promoted to President of PULSE Music Group

Ashley Calhoun has been promoted to President/Head of Creative at Los Angeles-based PULSE Music Group [64 articles]” href=”https://www.musicbusinessworldwide.com/companies/pulse-music-group/”>PULSE Music Group. The news was announced today by Scott Cutler and Josh Abraham, co-CEOs of PULSE... Read more »

Universal expands business in Czech Republic by relaunching six label brands

Universal Music Group [2,706 articles]” href=”https://www.musicbusinessworldwide.com/companies/universal-music-group/”>Universal Music Group (UMG), is expanding its business in the Czech Republic. UMG’s expansion sees the relaunch of six label brands including Capitol Music Group [388 articles]”... Read more »

Sony Music Publishing inks global deal with Black River Publishing

Sony Music Publishing [626 articles]” href=”https://www.musicbusinessworldwide.com/companies/sony/sony-music-group/sony-music-publishing/”>Sony Music Publishing (SMP) Nashville and Black River Publishing have inked a worldwide publishing partnership. In the partnership, SMP will provide its global services to Black River’s... Read more »