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Spotify‘s next round of licensing negotiations with the major music companies will be an interesting moment for the modern business. As MBW recently reported, Spotify is on course to post its first-ever annual operating profit this year—and it’s not a small sum. Led by CEO Daniel Ek, Spotify is expecting to record FY operating income […]
Sony’s global music rights operation – across recorded music and music publishing – generated USD $2.55 billion in the three months to end of September 2024. That’s according to MBW’s calculations based on Sony Group Corp’s calendar Q3 2024 (fiscal Q2) results, as announced by the Japanese firm today (November 8). The $2.55 billion figure […]
MBW Explains is a series of analytical features in which we explore the context behind major music industry talking points – and suggest what might happen next. Only MBW+ subscribers have unlimited access to these articles. One of the biggest music business stories of the year has been missing something: official confirmation. Did Sony Music […]