Archive - November 2021
Record labels really, really don’t like a new Bill that could – eventually – change how artists get paid in the UK
Sony Music buys $100m of shares in NetEase’s music service; Chinese platform’s IPO set for December 2
Synchtank raises $5.8m in Series A funding round led by Octopus Ventures
Facebook’s Rebranding to MetaVerse
Primary Wave strikes $30m deal to buy catalog of TOTO drummer Jeff Porcaro
Spotify launches real-time lyrics for all Free and Premium users globally
Tom Morello Signs Open Letter Denouncing Amazon’s Palm-Scanning Concert Tech
Universal Music Group targets ‘name and likeness’ acquisitions in partnership with Authentic Brands Group
Snapchat inks licensing deal with Sony Music Entertainment
TikTok and social media’s explosion in music is only going to get louder
‘The next 10 years in music hold a wealth of opportunity, but only if copyright, revenue collection and distribution catch up.’
deadmau5 Shows Support for Music Industry-Shifting Decentralized Network, MODA DAO
Tencent Music Entertainment revenues hit $1.2bn in Q3, up 3% YoY
‘The best songs come from a real experience.’
Night-time cultural sector hit with 86,000 job losses due to Covid-19 In the UK
HYBE and Universal signal start of ‘historic joint venture’ with global search for new pop girl group
Universal Music Publishing China opens new office in Shanghai
