As Warner Music Group posts its biggest ever quarter… WMG boss Robert Kyncl says he’s ‘confident’ that Universal and TikTok will resolve their spat – Uptrends

by
As Warner Music Group posts its biggest ever quarter… WMG boss Robert Kyncl says he’s ‘confident’ that Universal and TikTok will resolve their spat – Uptrends

  MBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to major recent entertainment events or news stories. Only MBW+ subscribers have unlimited access to these articles. MBW Reacts is supported by JKBX, a technology platform that offers consumers access to music royalties as an asset class. When it … Read more

Ukraine: Starlink used by Putin’s forces near frontline – Uptrends

by
Ukraine: Starlink used by Putin’s forces near frontline – Uptrends

Ukrainian military intelligence said Russian forces increasingly use Starlink terminals on the frontline, a new twist in Kyiv’s uneasy relationship with Elon Musk’s internet service. Intercepted conversations between Russian troops in the occupied Donetsk region of eastern Ukraine indicate they had Starlink devices installed for internet access, the Ukrainian defense ministry intelligence directorate said Sunday on its website. … Read more

Audacy resolves dispute with BMI for $25m, clearing way for BMI’s sale – Uptrends

by
Audacy resolves dispute with BMI for m, clearing way for BMI’s sale – Uptrends

  A potential major roadblock to the sale of performance rights organization BMI was cleared, after a US court agreed to a dispute settlement between BMI, its new owners and financially troubled radio/podcast company Audacy. Philadelphia-headquartered Audacy, the US’s second-largest radio station owner by revenue, which is in the midst of bankruptcy proceedings, had threatened … Read more

How to watch, stream Super Bowl 58 live online free without cable: CBS, Nickelodeon, Paramount Plus – Uptrends

by
How to watch, stream Super Bowl 58 live online free without cable: CBS, Nickelodeon, Paramount Plus – Uptrends

If 2023’s big game was the Andy Reid bowl, you have to call this year’s the Taylor Swift bowl. While the Kansas City Chiefs and the San Francisco 49ers are the star attractions of Super Bowl LVIII on paper, let’s be honest: Pop culture interest in the singer is unabated, to the point that bookies … Read more

Spotify paid out $9 billion to music rightsholders in 2023 – equivalent to 63% of its annual revenues – Uptrends

by
Spotify paid out billion to music rightsholders in 2023 – equivalent to 63% of its annual revenues – Uptrends

  “Right now the CEO of TikTok is probably sitting at home watching this show, eating an ice-cream, crying, seeing all of his exes in one room. And you know what, TikTok? Shame on you. Shame on you for ripping off all of these artists. How dare you do that? [Pause] That’s Spotify‘s job.” Daniel … Read more

New Mountain Capital-led group closes acquisition of BMI – Uptrends

by
New Mountain Capital-led group closes acquisition of BMI – Uptrends

  It’s official: New Mountain Capital has completed its acquisition of US performing rights organization, Broadcast Music, Inc. (BMI). NMC, which has over USD $45 billion in assets under management, confirmed in November that it will “lead a shareholder group” to acquire a majority stake in BMI. The NMC transaction was subject to approval by BMI shareholders … Read more

How Hsinchu Science Park became the center of the global chip industry – Uptrends

by
How Hsinchu Science Park became the center of the global chip industry – Uptrends

If you drive for about an hour south of Taipei, you’ll stumble upon one of the most important plots of land for the global economy. Massive buildings dot the 1,400 hectare-Hsinchu Science Park, featuring logos of the world’s biggest and most advanced chipmakers: Taiwan Semiconductor Manufacturing Company, United Microelectronics Corporation, MediaTek. They’re just a handful … Read more

Warner Music Group enjoyed its best-ever quarter in calendar Q4, with recorded music streaming revenues up 14% YoY – Uptrends

by
Warner Music Group enjoyed its best-ever quarter in calendar Q4, with recorded music streaming revenues up 14% YoY – Uptrends

  Warner Music Group has published its financial results for the final three months of calendar 2023. According to the company’s fiscal Q1 (calendar Q4) results for the three months ending December 31, 2023, WMG saw its quarterly global revenues reach USD $1.748 billion. A bit of housekeeping before we dig into the numbers: WMG noted that … Read more

How to watch, stream the 2024 Puppy Bowl live online free without cable, on Animal Planet – Uptrends

by
How to watch, stream the 2024 Puppy Bowl live online free without cable, on Animal Planet – Uptrends

Forget that sideshow in Vegas. For millions of people, today’s must-see game is the Puppy Bowl. Celebrating its 20th anniversary this year, the Super Bowl-adjacent annual spectacle will once again see Team Ruff and Team Fluff face off for the Lombarky trophy. More than just alternative programming and a chance for viewers to collectively smile … Read more

The UK’s live music venue crisis is reaching a boiling point – and it could spread to the US – Uptrends

by
The UK’s live music venue crisis is reaching a boiling point – and it could spread to the US – Uptrends

You can listen to the latest MBW podcast above, or on Apple Podcasts, Google Podcasts, Spotify, Stitcher, iHeart etc. via this link. Welcome to the latest Music Business Worldwide Podcast. The MBW Podcast is supported by Voly Music. On this podcast, MBW founder Tim Ingham is joined by Mark Davyd, founder and CEO of the … Read more