Warner Music Group

Nick Grudin Exits as Meta Head of Content Partnerships to Join NFT Startup Dapper Labs

After nearly 12 years at Meta and Facebook, Nick Grudin is leaving the social-media giant. Grudin next month will join NFT digital-collectibles company Dapper Labs as chief business…

Powered by Publishing, Warner Music Posts $1.42 Billion in Revenue for Third Quarter

Despite some “headwinds” including an unusually strong dollar, a lighter-than-usual release schedule and several short-term expenses, Warner Music posted a solid third quarter of 2022, with a strong…

Mo Ostin, Longtime Warner Bros. Records Chief, Dies at 95

Mo Ostin, who presided as a top executive at Warner Bros.-Reprise Records for more than three decades, during which the artist-friendly company enjoyed a glittering, hit-making run, died…

Israel’s Music Business Has the Ears of the Majors

The estimated $55 million music market in Israel, like the Middle Eastern country’s comparatively small size, would quantify as the equivalent of a rounding error for a global…

Snapchat Will Pay Indie Music Artists Up to $100,000 Monthly for Top-Performing Songs

Snap has announced the Snapchat Sounds Creator Fund: Its first fund designed to support emerging and independent artists who distribute their music on the app via DistroKid. Starting…

RAP Act Introduced in Congress Would Bar the Use of Lyrics as Evidence in Court Proceedings

In what is positioned to address a growing issue for music artists, particularly in the hip-hop genre, a new bill has been introduced in the U.S. House of…

Minecraft Is Banning NFTs Because They Create ‘Scarcity and Exclusion,’ Contrary to Platform’s Values

Not everyone is jumping on the NFT bandwagon. Minecraft, the open-world game platform owned by Microsoft, has notified players that “integrations of NFTs with Minecraft are generally not…

Israel’s Mergui Spills His Guts — and the Tea on Ex Noa Kirel — in English-Language Debut, ‘Sucks to Know You (FU)’ (EXCLUSIVE)

When Israeli singer Mergui took the stage at the Sun Rose in Los Angeles on Thursday night, it was clear the 22-year-old has some big-time backers in his…

Music Industry Moves: Tainy Extends Sony Music Publishing Deal, Pixelynx Taps Former Tidal CEO Richard Sanders

Sony Music Publishing has renewed its worldwide publishing agreement with Tainy, extending the deal which began in 2005. In a press release, Tainy said, “I am grateful that…

French Streaming Service Deezer’s Stock Plunges in Public Debut on Paris Exchange

The French audio streaming service Deezer made its debut on the Paris Euronext market Tuesday and immediately plunged 35% from its €8.5 opening, rising slightly to level off…

In Win for Songwriters, Copyright Royalty Board Set to Approve 32% Increase on Music Mechanical Royalties

As often goes in Washington, sometimes the best solution is to meet in the middle. That appears to be the takeaway from today’s motion by the Copyright Royalty…

The Secret of Jax’s TikTok Success? Fusing the Funny With the Familiar

Singer-songwriter Jax may be iHeartRadio.com’s first-ever TikTok songwriter of the year with over 8.5 million followers and 80 million streams for her viral hit, “Like My Father” —…