The Sony Walkman is back… as a hi-res streaming player
Sony‘s iconic Walkman was an accidental megahit. The first iteration of the portable cassette player was designed for Sony...
Music
From Sir Lucian Grainge on music’s streaming payout model to Kakao Entertainment’s $966m investment… it’s MBW’s Weekly Round-Up
Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our...
The Top 10 hits in the US last year accounted for fewer than 1 in every 200 streams
As MBW reported yesterday, the total number of on-demand audio streams in the US last year grew handsomely –...
Music needs a new streaming payout model
Sir Lucian Grainge, Chairman and CEO of Universal Music Group, has said the way music streaming services pay labels...
‘We have always tried to be David against Goliath, but there’s only so many times David can win.’
Whenever Kenny Gates and Michel Lambot hit a key development – good or bad – in the life of...
Universal Music Group opens its first ‘music-based experiential hotel’ in Madrid
The other day, MBW noted that Universal Music Group is targeting a 25% annual EBITDA margin over the next...
Vevo partners with TikTok to launch weekly ‘trending on TikTok’ show
Music video platform Vevo has partnered with TikTok to create and program a new weekly show called Trending on...
Triller didn’t end up completing an IPO in 2022. Now it’s being sued by Universal Music Group
Triller is reportedly being sued by Universal Music Group over unpaid licensing fees. On Thursday (January 5), UMG filed...
From the 5 stats that will define the music business in 2023 to UMG being sued over its Spotify equity ownership… it’s MBW’s Weekly Round-Up
Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our...
Amazon is cutting over 18,000 jobs, not 10,000
In mid-November, US e-commerce giant Amazon was reported to be planning 10,000 job cuts, but the full of extent...