Monday, April 22, 2024

Warner Music launches Balkan Electro label for Eastern European EDM talent
Balkan Electro is the product of a strategic collaboration between WM South East Europe and EDM label Ensis Records Source...

TikTok denies plans to remove general counsel amid US security concerns (Report)
TikTok has denied a report that general counsel Erich Andersen announced in an email he would be stepping down Source...

Bella Figura Music acquires RAK Publishing, including hits by Hot Chocolate and Joan Jett; firm has spent $80m+ on music rights to date
RAK was founded in 1969 by record producer Mickie Most Source...

Taylor Swift’s ‘The Tortured Poets Department’ becomes first album to cross 300m Spotify streams in a single day
The Tortured Poets Department broke multiple Spotify records in less than 24 Hours Source...

Music tech entrepreneurship requires more than product-market fit
This op/ed comes from Vickie Nauman, Founder and CEO of LA-based boutique music tech consulting and advisory firm CrossBorderWorks Source...

TikTok plots US court battle as divest-or-ban bill heads for Senate vote (reports)
Legislation forcing ByteDance to sell TikTok or face a ban in the US has passed the House and is headed for a vote in the Senate Source...

Proper, formerly Utopia, tells shareholders: We need $6.4m from you
Company has called on its shareholders to support a round of funding Source...

Hipgnosis Song Management rubbishes criticism over its service to Hipgnosis Songs Fund – while warning it and Blackstone will deploy ‘all means necessary’ should HSF attempt to terminate its deal
It basically says... Hey, HSF board – don't even think about firing us. But just in case you do, know that Blackstone will come down on you like a ton of bricks. Source...

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