5K Records is a relatively small label within the Sony Music family. When the team signed the track “People” by Libianca in early December 2022, the industry was preparing for a rush of Christmas hits to enter the charts and offices to shut down.
Mdundo warns Nigerian artists off ‘stream farming’ tactics
Streaming manipulation continues to be a source of concern for the music industry, including in Africa, according to streaming service Mdundo.
Talking recorded music’s growth in 2022: ‘Emerging markets led the way’
This afternoon sees the publication of the IFPI’s Global Music Report: the annual assessment of how the recorded music industry is growing.
Global recorded music revenues grew 9% in 2022 to $26.2bn says IFPI
The global music industry made $26.2bn from recorded music in 2022, according to the IFPI. That’s up 9% year-on-year.
Ultra Music Publishing doubles down on Afrobeats in Nigeria
Ultra Music Publishing is the latest western music company to step up its activities in West Africa, with a new ‘creative hub’ in Lagos.
African streaming service Mdundo now has 23.4m active users
Mdundo is one of the well-established music streaming services in Africa, and as a public company we get a regular insight into its growth.
Kenyan musician Bien-Aime Alusa wants to expand HustleSasa app
The app enables artists and retailers to sell products to fans who can pay using bank cards or mobile payments platforms.
MBA For Africa to release its 2022 album: ‘Fuel & Flames’
MBA for Africa returned for its second year in April, and evolved into a company led by its latest cohort of aspiring industry executives in September.
Sony Music backs ‘Rising Star’ new-talent contest in Africa
Sony Music Africa is giving its backing to a competition for emerging and unsigned artists in Africa.
African streaming service Mdundo grows to 21.5m active users
Earlier this year, African music streaming service Mdundo outlined its ambitions to reach 50 million monthly active users [MAUs] by 2025.
Apple Music preps Wizkid concert and adds Flo to Up Next promo
Apple Music is getting back to its live roots by returning to the Roundhouse venue in London for a concert.
MBA For Africa becomes a company led by its latest cohort
Music Business Academy for Africa brings together a cohort of students every year who are aspiring music industry executives.