South Korean Record Label Hybe Purchases Ithaca

The South Korean record label that has BTS on its roster has purchased Ithaca, the management company behind Justin Bieber, Ariana Grande, and Demi Lovato.

Music Industry Revenue Hits Highest Figure Since 2002 At $21 Billion

The recorded music industry made the most money in nearly two decades last year totalling $21.6 (£15.7bn) billion in revenue.

Huge new licensing agreement signed by Warner Music and Tencent Music Entertainment

The new deal renews the ten-year-old partnership between Warner and Tencent Music who will also launch a joint record label.

Universal and Music Streaming Service Boomplay Expand License To Cover 47 Countries Across Africa

The African music streaming platform Boomplay and UMG have struck an expanded deal that will bring UMG’s music catalog from 7 to 47 countries across the African continent.

Universal Music Buys Nashville’s House Of Blues Studios For $4.3M

Universal Music Group (UMG) recently purchased the world-famous recording studio House Of Blues.

DICE Partners Up With French Promoter For Pitchfork Music Festival

UK based mobile ticketing platform DICE has announced a partnership with French promoter Super!

Sony/ATV Rebrands And Returns As Sony Music Publishing

The world’s largest music publishing company changes name back to Sony Music Publishing.

Taylor Guitars Transitions To Entirely Employee-Owned Model

Acoustic Guitar Brand Taylor Guitars Is Now A Fully Employee-owned Model Via A Employee Stock Ownership Plan (ESOP).