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. From Global Music Rights’ $3.3bn valuation to the Miley Cyrus copyright lawsuit… it’s MBW’s Weekly Round-Up

   The biggest stories from the past week – all in one place…

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2. France’s recorded music market generated $450m in H1, as paid subscription revenues grow 11.3% YoY

   Sixteen of the top 20 albums in France in H1 2024 were domestically produced

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3. Sweeping changes at Atlantic as label group prepares for ‘new day’ under Elliot Grainge

   Is this the clearest indictor yet that Elliot Grainge is set to transform the label's strategy?

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4. Nelly sued for at least $50m over allegedly not crediting former St. Lunatics bandmates on hit album Country Grammar

   US rapper Nelly has been sued by his former bandmates, the St. Lunatics, over a copyright dispute regarding several tracks from his hit album Country Grammar, which was released in 2000. The complaint was filed by lawyers in New York on Thursday (September 18) on behalf of Ali Jones (Ali), Torhi Harper (Murphy Lee), Robert …...

5. Irving Azoff’s GMR just struck a $3.3 billion private equity deal, say MBW sources

   Look. We’ve broken some pretty big news of late. Proper news. But this? Size-of-transaction-wise, this tops the lot. MBW has confirmed via well-placed sources that Irving Azoff’s US-headquartered PRO, Global Music Rights (GMR), struck a multi-billion dollar deal yesterday (September 18) with a new private equity partner. The transaction, we’re told, valued GMR at USD …...

6. Gareth Mellor promoted to SVP, Global Marketing & Communications at Downtown Music

   Mellor will oversee the global marketing and communication efforts across Downtown’s four core divisions

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7. Superfan platform Mellomanic, formerly We Are Giant, closes $6m funding round

   Mellomanic says it has seen a 13,000% increase in monthly active users since the start of the year

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8. The Circuit Group launches UK arm led by James Sutcliffe, forms JV with CTRLFRK

   Sutcliffe will also serve as Co-President of the new Circuit Management, alongside Michael Boyce.

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9. Musician accused of $10m AI streaming fraud scam pleads not guilty (report)

   Michael Smith was indicted by the US Government earlier this month over an alleged $10 million streaming fraud scam

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10. Henri Jamet appointed Managing Director of Believe France

    "Henri is as close as possible to the ground, he is respected in the industry, he has a creative vision and knows the company culture," said Believe Founder and CEO of Denis Ladegaillerie

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