Music Business Worldwide

The latest music news from Music Business Worldwide, News, jobs and analysis for the global music industry and on artists new releases and where to get new mp3 songs.

1. ‘Jelly Roll speaks to the underdogs with his music; Lainey Wilson has made Country Cool Again.’

   BMG Nashville EVP of Recorded Music, JoJamie Hahr, on the rise of Jelly Roll and Lainey Wilson, and BBR Music Group's positioning in country music

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2. Audiomack signs partnership with Merlin, as streaming service aims to monetize and legitimize modified audio

   Audiomack's Audiomod tool allows music fans to speed up, slow down, and adjust the pitch on the songs they're listening to

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3. NMPA accuses Spotify of ‘attacking songwriters’ as it changes how it pays out mechanical royalties in the US

   SPOT now considers its Premium plans to be 'bundles' – because they combine audiobooks and music

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4. TikTok rival Triller to merge with NASDAQ-listed AGBA, creating $4 billion social media and financial services company

   "We believe this is the most efficient route for Triller to access public capital markets and secure the liquidity needed for rapid growth."

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5. SoundExchange to handle payment admin for JKBX’s Creator Program

   JKBX received qualification for its assets from the SEC in March

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6. Africa-focused streaming service Mdundo reports 41% jump in active users, as Nigerian currency crisis pressures revenue

   The Nigerian naira fell 38% in Q1, putting pressure of Mdundo's revenue even as user growth continued unabated

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7. Concord, financed by Apollo, makes $1.4bn cash bid to acquire Hipgnosis Songs Fund’s assets

   But will Merck Mercuriadis and Blackstone go quietly? Don't bet on that.

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8. Epidemic Sound’s royalty-free music is played 2.5bn times per day on YouTube and TikTok, but company still struggles to turn a profit

   The company says there are now 26 million videos on YouTube and TikTok featuring its music

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9. Universal Music Group generated 51% of its 2023 recorded music revenues in North America… and 8 other things we learned from its new annual report

   MBW takes a deep dive through Universal's latest in-depth financial report

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10. Singer-songwriter Neil Sedaka sells stake in catalog to Primary Wave Music

    Sedaka has written or co-written for artists including Frank Sinatra, Elvis Presley, Connie Francis, Tom Jones and more

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