Spirit Music Group now owned by Lyric Capital Group in a $350M deal
Independent publisher Spirit Music Group has announced a recapitalization, for which it has secured over $350 million, led by its COO Jon Singer. The company is now wholly-owned by the
Kanye West sues Universal, EMI Music Publishing in apparent bid to own publishing rights
Kanye West launched a pair of lawsuits on Friday (January 25) against two of his music industry partners – Universal Music Group and EMI Music Publishing. Little is known about
‘Music is the new yacht’ – trends in music/tech investment
The recorded-music industry has returned to growth, but what impact is that having on external investors (from venture-capital firms to high-net-worth individuals) and their willingness to back companies in and
Bollywood Breaks Ground on Spotify with Arrival of T-Series Catalogue
For more than thirty million people of Indian origin living overseas, Spotify is where they can hear the sounds of home. And, with this week’s addition of an expanded catalog
Songtrust signs publishing-administration deal with Audiomack
Earlier this month, we reported on youth-focused streaming service Audiomack’s growth from 400,000 daily active users a year ago to 1.5 million now. That has put it higher on the
US labels see case against stream-ripping sites dismissed
There have been some notable victories in music rightsholders’ campaign against ‘stream-ripping’ sites that help people turn YouTube videos into downloadable MP3 files. This week, though, they encountered a setback,
African music: ‘We’re here to stay, and you’re going to know about it!’
There are plenty of reasons to be excited about the future for digital music in Africa, with trends including young populations; the rollout of smartphones and mobile networks; and the
The Rhythm of the African Diaspora Plays Everywhere—Including Our Afro Hub
African music is everywhere. You hear it in Jamaican reggae rhythms, Brazilian salsa songs, and in Atlanta trap tracks. It’s on the streets, in the clubs, and climbing the charts.