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Arctic Monkeys’ label Domino grew its UK turnover by 31.6% in 2021, driven by strong catalog sales
AM, the 2013-released fifth album from Arctic Monkeys was the UK’s No.1 best-selling independent album in 2021
Source
Iceland-based music making app Overtune raises $2m in seed funding
Investors include Guitar Hero founder Charles Huang, and former CEO and Chairman of Sony Music UK, Nick Gatfield
Source
Sound recording copyright term to be extended to 70 years in New Zealand
New Zealand's current copyright protection covers 50 years
Source
Multi-platinum rapper Logic signs to BMG
The move follows Logic's departure from Def Jam
Source
Paul Cormack promoted to General Manager at Better Noise Music
Cormack previously served as Managing Director of Canada for the company
Source
Songwriters, rejoice: Spotify appeal FAILS to stop composers getting improved 15.1% streaming royalty rate in the US
Bottom line: The streaming services are going to have to fork over a pile of cash to publishers and songwriters
Source
From Universal’s Frank Zappa catalog acquisition to Triller’s US IPO… it’s MBW’s Weekly Round-Up
The big stories from the past week
Source
Alisha Outridge named Chief Technology & Product Officer at TuneCore
Outridge is the first Chief Technology & Product Officer at the Believe-owned company
Source
TikTok rival Triller files to go public on Nasdaq via ‘the largest creator IPO in history’
Triller owns VERZUZ, Fangage, Julius and other subsidiaries, all bought via acquisition
Source
Anghami acquires events and concerts company Spotlight, as it expands into live entertainment
Deal will see Spotlight Events become Anghami's arm for live events and concerts
Source
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