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Proper, formerly Utopia, tells shareholders: We need $6.4m from you
Company has called on its shareholders to support a round of funding 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...
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...
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...
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...
After $1.5bn takeover proposal, Hipgnosis Songs Fund’s board tells Blackstone: We’re listening…
Bring on a firm offer, HSF's board tells private investment giant Source...
Strap in. Blackstone is ready to bid $1.5 billion for Hipgnosis Songs Fund.
To paraphrase Pink Floyd, Will the sun (Concord Chorus) be eclipsed by the moon (Blackstone)? Source...
From the NMPA’s criticism of Spotify’s bundling plans to Concord’s bid for Hipgnosis assets… it’s MBW’s Weekly Round-Up
The five biggest stories to hit our headlines over the past seven days… Source...
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