Warner Music’s first week on the stock market shows investor confidence

Warner Music returned to the Stock Market after nearly a decade as a private business and it’s been a good first week. At the end of their first day trading on the Wall Street market…

BTS’s record label file IPO, looking to raise $1.6 billion

Big Hit Entertainment, the South Korean label behind hit pop group BTS, has filed for an IPO looking to raise up to 2 trillion won. In March we reported that Big Hit Entertainment were looking…

Spotify tell its global employees they can work from home until 2021

According to a recently reported memo, Spotify has invited employees to continue working from home until the end of the year. In a phased approach, Spotify are allowing employees to continue working from home until…

The Joe Rogan Experience moves exclusively to Spotify

On September 1st this year, the entire Joe Rogan Experience catalogue and all future episodes will move to Spotify, and be removed from all other platforms later this year. After signed a deal for an…

Is Saudi Arabia looking to buy Warner Music Group?

Interesting reports have been circulating about one of the world’s biggest labels but are these simply rumours? Last week The Hollywood Reporter published an article suggesting that Saudi Arabia had made an offer on Warner…

Tencent have just made an undisclosed investment in another Chinese music company

Tencent have made a new equity investment in another Chinese music-for-business company with the potential to take a controlling stake.  Tencent Music Entertainement are the Chinese company behind China’s biggest music services QQ Music, Kugou,…

7digital secured £500k loan, keeping the company afloat

After a shaky 2019 and recently suffering markets, London-based company 7digital have been handed a lifeline to help them continue operations. The unnamed lender has handed over a £500,000 ($643k) 12 month loan, with interest…

China’s Tencent look to buy 10% of Universal Music

As Vivendi finally look to start selling stakes in Universal Music, Chinese media conglomerate Tencent are looking to buy in. Vivendi have been leading up to selling stakes in Universal’s major record label for over…

Spotify are making a profit for the first time in 13 years

Spotify have been leading the music streaming revolution for 10+ years and at last the company has turned a profit for the first time. Spotify have revealed their quarterly report for Q4 2018 and it…

Tencent’s stock soars making it’s co-presidents billionaires

Tencent’s entry onto the New York Stock Exchange has been up and down but last weeks boost puts them in a great position. Last month Tencent Music Entertainment made their entry on to the New…