Tag: sony music

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Will UMG’s IPO be a rising tide that floats other music boats?

Were Goldman Sachs' music industry analysts celebrating last night? They should have been, having predicted in April that Universal Music Group could be worth $53bn.
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MakersPlace reveals plans for NFTs with Sony Music artists

Shakira is one of the artists involved, with a collection of NFTs based on "the fantastical world of Caloris, a place ruled by women in an intergalactic landscape
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CMA moves into phase two of Sony Music / AWAL investigation

Yesterday the CMA announced that it is now proceeding into a 'phase 2' investigation of the acquisition. What happens next?
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FAC and MMF set out their hopes for streaming reforms

As you'll know from our news story yesterday on a competition snag for Sony Music's acquisition of AWAL, the UK's recent music streaming economics inquiry is already having some knock-on effects.
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UK’s competition regulator concerned by Sony Music / AWAL merger

The UK’s Competition and Markets Authority (CMA) has announced that Sony Music’s acquisition of distributor AWAL “raises competition concerns”, and has given the major label a five-day deadline to head off a full...
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Sony Music India launches new sub-label for ‘new-age pop’

Sony Music India has launched a “genre and language-agnostic” sub-label called Day One, whose “sonic identity is new-age pop” according to MD Rajat Kakar, speaking at its online launch event last week. The label’s...
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Sony Music joins $30m funding for NFT startup MakersPlace

Sony Music is backing NFT marketplace MakersPlace in its $30m Series A funding round, joining Coinbase Ventures among others.
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Production marketplace BeatStars gets into music publishing

BeatStars is more than just a production marketplace: it's moving into music publishing in partnership with Sony Music Publishing
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Sony Music sues fitness brand Gymshark over music usage

Major labels are very keen to strike licensing deals with fitness tech startups, but they’re equally unkeen about the idea of other kinds of fitness brands using their music without the necessary agreements. Witness Sony...
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Sony Music extends unrecouped balance program to songwriters

Major labels have been taking a shellacking in recent times over artists, contracts and streaming royalties. However, Sony Music’s recent announcement of its ‘Legacy Unrecouped Balance Program’ was welcomed...
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Sony Music strikes Roblox deal to explore more virtual events

Keen followers of recent music industry legal news will enjoy the last couple of lines of Roblox’s announcement of a new partnership with Sony Music. “Roblox respects the rights of all creators and uses advanced...
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Investigation explores ‘toxic culture’ at Sony Music Australia

Newspaper investigations of big companies take a lot of time, resources and careful attention to legal issues, and many – often related to the latter – don’t ultimately get published. When they do, their impact...