Top news of the week: 22.09.2022.
How the UK Music Business Responded to Death of Queen Elizabeth II
The monarch’s passing and 10-day mourning period led industry to pull shows, hold music releases and close offices.
Under Pressure From Rivals, Tencent Music Goes to Japan to Buoy Karaoke Business
Online karaoke is expected to grow this year to a $2.5 billion business in China, where 1 in 2 phone users have a karaoke app.
Confirmed: Robert Kyncl is Warner Music Group’s new CEO
Kyncl to succeed Steve Cooper…
Believe Is ‘Maintaining All Its Operations’ in Russia — And Some Claim ‘Aggressively’ Growing Market Share
While major music companies have ceased business in the country since its invasion of Ukraine, Believe is still making deals and hiring staff.
YouTube Wants to Make Music Licensing Easier for Video Creators
The new Creator Music hub is a “digital storefront” that streamlines the licensing process — and allows music rights holders to access a new source of revenue.
HarbourView Entered the Music-Assets Space at a Sprint – And They’re Not Stopping
“There’s no reason we couldn’t continue to buy assets at the same pace if the opportunities present themselves,” says the firm’s founder Sherrese Clarke Soares.
Future Sells Song Publishing Catalog to Influence Media Partners: ‘An Artist of the Ages’
The eight-figure deal includes several No. 1 songs and albums spanning Future’s first 16 years as a recording artist.
Halsey’s Cosmetics Brands Partner With Live Nation, Receive Equity Investment From Promoter
About-face and af94 will be featured at Live Nation concerts and festivals including Rolling Loud New York and When We Were Young in Las Vegas.