Tencent Music Label Deals Probed By Chinese Regulators

The deals that Tencent Music Entertainment has with record labels are under investigation by the State Administration for Market Regulation, China’s antitrust authority. The probe could end the exclusive licensing deals that Tencent has with Sony Music, UMG, WMG and others. Tencent Music has cut exclusive deals for China and… Continue Reading

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ADA Worldwide Partners With Incubus on Global Distribution Deal

WMG owned distributor and label services provider ADA has partnered with multi-platinum band Incubus and the band’s own label of the same name. ADA will support the Los Angeles-based label across sales and distribution on a global scale, along with a full suite of label services in the US, including… Continue Reading

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Warner Music Licenses Music Discovery App Audiomack

Warner Music Group has entered into a licensing deal with fast-growing music discover app Audiomack. The partnership marks Audiomack’s first with a major label. The streaming service, which allows independent artists to upload an unlimited amount of music for free, says it has achieved 210% year-over-year growth in daily active… Continue Reading

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Warner Music Group Reports Another Solid Quarter

Warner Music Group reported a solid Q3 that mirrors gains throughout the recorded music industry driven by streaming, Total quarterly revenue grew 10.4% with 12.5% growth in streaming revenue. Highlights • Total revenue grew 10.4% or was up 13.4% in constant currency • Digital revenue grew 12.5% or was up… Continue Reading

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Former WMG Exec Lori Feldman To Become CMO At Paradigm

Paradigm has hired Lori Feldman for the newly created role of Chief Marketing Officer for the talent agency. In her new gig, Feldman will oversee brand and marketing efforts for Paradigm’s clients in music, and will focus on developing brand and opportunities for the agency’s talent and literary clients. Feldman… Continue Reading

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Can Major Labels Survive The Indie Music Revolution?

At the heart of the music business almost since its inception, major labels have successfully weathered multiple challenges to their industry dominance. But as music once again reinvents itself, can the major labels continue cling to power? ____________________________ Guest post by Bobby Owsinski of Music 3.0 Major record labels have… Continue Reading

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West End & Broadway musical theatre label First Night Records acquired by Warner Music Group

First Night has recorded the likes of Les Misérables, Mary Poppins, Miss Saigon, My Fair Lady and more
The post West End & Broadway musical theatre label First Night Records acquired by Warner Music Group appeared first on Music Business Worldwide.
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