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Saudi Arabian media giant MBC quietly bought a 14% stake in Anghami
Anghami's stock price soared 59% in one day, after news of the acquisition went public Source...
TikTok’s US growth stalls amid UMG dispute, competition, regulatory and e-commerce woes (Report)
The social media giant's efforts at e-commerce are backfiring with users, a news report says Source...
Mercury Records expands executive team in New York
Team now includes EVP, Mercury Records, Alex Coslov and SVP, Media, Mercury Records, Marisa Bianco. Mario Vazquez joins as VP, of Audience and Streaming Source...
Elon Musk’s X can’t shake music publishers’ multi-million dollar copyright infringement lawsuit
Tennessee court permits music publishers to proceed with certain elements of their copyright lawsuit against social media platform, X Source...
Christian Birch-Jensen promoted to CEO at digital marketing agency Creed Media
Creed has crafted campaigns for Post Malone, Beyoncé, Tiesto, Miley Cyrus, Dua Lipa, Ice Spice, U2 and others Source...
Bauer Media Audio UK names Robert D’Ovidio as Director (Music) Broadcast, On-Demand and Premium
D’Ovidio will oversee music content at the company’s radio brands, including Absolute Radio, KISS, Magic Radio, Hits Radio, and Greatest Hits Radio Source...
Reservoir has spent nearly $1B on acquisitions and signings, and 5 other things we learned from its latest investor factsheet
Reservoir Media has clocked yet another year of strong growth, with revenues up 14.6% YoY in calendar year 2023 Source...
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