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Warner Music Group shares rose 6.6% to $31.47 this week, narrowing the stock’s year-to-date loss to 12.1%. Other gainers in the record label and music publisher space were HYBE, up 1.8% to 200,500 won ($144.95), and Universal Music Group, up 1.4% to 28.63 euros ($30.67). Streaming companies had the best week, however. Led by LiveOne’s 6.4% gain, music streaming stocks had an average gain of 0.3% — versus an average […]
MNRK Music Group president/CEO Chris Taylor is resigning from his post effective June 28, the company announced Monday (June 3). Taylor, who will be succeeded by COO Sean Stevenson, is taking the company’s artist management division with him. Based in New York, Stevenson will begin leading MNRK on July 1. He was promoted to COO in July 2022 after previously serving as executive vp/GM. “We wish Chris the best in […]
A well-known hacking group claims to have breached Ticketmaster and is attempting to sell the personal data of 560 million Ticketmaster users, including their payment details, for $500,000, according to the website Hackread. Alleged hacking group ShinyHunters has claimed credit for the break-in, resulting in the theft of 1.3 terabytes of stolen data that includes usernames, contact information, order info and partial payment details, like the last four digits of […]
-Messenger photo by Chris Johnson The Fort Dodge senior High A cappella Choir, at left, sings during the Large Group Music Festival at the Fort Dodge Middle School on Saturday. The Dodger A cappella Choir received a Division I rating. -Messenger photo by Chris Johnson The Fort Dodge Fortis Chorum sings during the Large Group Music Festival at the Fort Dodge Middle School on Saturday. The Fortis Chorum earned a […]
Concord Label Group has promoted Joe Dent to executive vp of operations and Jill Weindorf to executive vp of marketing, the company announced Tuesday (April 30). Weindorf is based in Los Angeles while Dent is located in Concord’s Nashville headquarters. The promotions, some of the first under newly-appointed Concord Label Group CEO Tom Becci, aim to modernize Concord’s structure to support an expanding roster of talent while increasing the company’s […]
LONDON — Utopia Music is planning to rebrand as Proper Group AG, named after its core physical music distribution business, to reflect changes to the Swiss-based firm’s “strategic direction,” the company said Thursday (March 28). The proposed name change, which needs to be approved by shareholders, comes almost two months after co-founder and former head Mattias Hjelmstedt exited Utopia Music following a shake-up of its executive ranks. “As Utopia has […]
Features Sean Douglas 8 Hrs Ago Armonias Divinas (Bishop Anstey High School Choir) performs in the Junior Parang Ensemble 19 Years and Under Final at the 35th Biennial Music Festival at Queen's Hall, St Ann's on February 27. - Photo by Faith Ayoung BISHOP Anstey High School won top junior parang ensemble (under 19 years) for their group known as Armonias Divina on Tuesday at the TT Musical Festival at […]
Believe founder and CEO Denis Ladegaillerie has formed a consortium with investment funds EQT and TCV as part of a wider effort to acquire full ownership of the French music company and take it private. The triad announced their intentions on Monday (Feb. 12), and the Believe board of directors unanimously voted to welcome the proposal to review. All told, the bid values Believe’s entire share capital at 1.523 billion […]
Vinyl Group now has a fourth pillar. Following the completion of its acquisition of The Brag Media, the Sydney-based music and tech specialist doubles-down on its mission to build revenue and integrate its new asset. As previously reported, the transaction is funded with a new investment by billionaire WiseTech Global founder and CEO Richard White, by way of an A$11 million ($7.5 million) placement and debt facility, uniting the only […]
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Into The Sky Mike Lost
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