Warner CEO Hails Burna Boy, Dua Lipa as Key Drivers of $1.55 Billion Q2 Revenue
During the earnings call, Warner CEO Robert Kyncl praised Benson Boone, Zach Bryan, Dua Lipa, Burna Boy, and…
What It Means for Africa as Rema’s “Calm Down” Joins Spotify Billion Club
Joining the exclusive Billions Club on Spotify, “Calm Down” is in the company of only 472 tracks out…
UMG’s Majority Investment in Mavin Could REALLY Be Around $200 Million
UMG will account for its investment in Mavin as a business combination; meaning Mavin’s financials (assets, liabilities, revenues,…
India Becomes Second-Largest Streaming Market Globally; Signals as Hotbed for African Music
Amassing over 1 Trillion streams in 2023, if India maintains similar volume increase for another year, it could…
Universal Music Group and META announce expanded global agreement
Universal Music Group and Meta have announced an expanded global licensing agreement which will, they say, enhance music integration for UMG…
PRS “no longer operating in the best interests” of songwriter members says open letter in direct licensing dispute
A group of songwriters who are suing PRS have written an open letter that is scathing of the…
Sony Music reports up to 26% revenue for first quarter
Sony Music has reported its financial results for its fiscal first quarter ending 30 Jun, with recorded music revenue…
Music Streaming Suffers Significant Dip Following Nationwide Internet Outages
Premium streams fall 5-22% across artiste catalog in Nigeria on Aug 1, 2024 following nationwide internet connectivity problems. …
How InterSpace Distribution is bridging the gap for independent artistes.
The fast growing music company which started in 2021 by music executive Eric Okechukwu, is becoming a trusted…
InterSpace Distribution: Redefining Music Distribution in Nigeria
InterSpace Distribution, a leading music distribution service, is thrilled to announce the launch of its innovative platform, www.interspacemusic.com.…