Music Business Worldwide News

1. Warner boss Steve Cooper talks TikTok and Peloton revenues, the rise of virtual artists, and the value of record labels

   Cooper was grilled about the company's earnings on a call with analysts this week. Here are some things that stood out for us...

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2. Olivia Rodrigo signs global deal with Sony Music Publishing

   'Olivia is a once-in-a-generation talent'

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3. NFT platform MakersPlace raises $30m from investors including Eminem, Paul Rosenberg and Sony Music

   Platform has facilitated over $100m in transactions in 2021

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4. X-ray Touring extends partnership with Yucaipa, inks alliance with Artist Group International

   X-ray represent artists such as Coldplay, Queens Of The Stone Age, Phoebe Bridgers and more

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5. Live Nation revenues grew by over $500m YoY in Q2

   Company has published its financial results for the three months to end of June

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6. Grammy award-winning artist and guitarist Carlos Santana signs with BMG

   To date, Santana has won 10 Grammy Awards and three Latin Grammys

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7. Merlin inks licensing deal with B2B music platform Adaptr

   Platform was launched by technology firm Feed Media Group (FMG)

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8. Sony’s recorded music revenues jumped by $451m YoY in calendar Q2, as streaming revenues rose 50.2%

   Streaming revenues brush the billion-dollar mark in standout quarter for Rob Stringer's operation

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9. Spotify rival Anghami to launch entertainment venues in Dubai, London, L.A. and more cities worldwide

   The first Anghami Lab venue will open in Dubai in early 2022

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10. Gee Roberson joins NFT platform Throne as Executive Creative Director and Partner

    Roberson is an LA-based former manager of Kanye West, Drake, and Nicki Minaj

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