News

Music Business Worldwide36m

EU opens in-depth investigation into UMG’s $775m Downtown deal

As previously reported by MBW, the UMG-Downtown deal did not meet the EU’s standard turnover thresholds that would typically ...
Music Business Worldwide2h

Concord closes $1.76 billion asset-backed securities transaction to ‘fuel continued growth’

Concord has successfully closed its latest asset-backed securities transaction to “fuel continued growth” at the independent ...
Music Business Worldwide2h

ABBA’s 1979 hit ‘Gimme! Gimme! Gimme!’ crosses 1 billion Spotify streams as Gen Z drives revival

ABBA’s 1979 disco track Gimme! Gimme! Gimme! (A Man After Midnight) has reached 1 billion streams on Spotify. It marks the Swedish pop group’s second entry into Spotify’s Billions ...
Music Business Worldwide3h

Saregama, India’s oldest label, acquires 6,500-track catalog from NAV Records and YouTube channels with combined 24m subscribers

India’s oldest label, Saregama India Ltd., has acquired the Haryanvi music catalog of Delhi-based music company NAV Records ...
Music Business Worldwide5h

Universal Music Group takes step closer to US listing, filing draft registration with SEC

The world’s largest music rights company confirmed in a press release on Monday evening (July 21) that it has “confidentially ...
Music Business Worldwide23h

Meta rejects EU’s AI Code of Practice, even as AI giants Anthropic and OpenAI say they will sign on

Credit: Kathy Hutchins / Shutterstock.com Mark Zuckerberg at the 11th Breakthrough Prize Awards at Barker Hanger on April 6, 2025 in Santa Monica Facebook and Instagram owner Meta Platforms has ...