Universal’s Virgin Music Group to buy Downtown Music for $775 million

Virgin Music Group, the global independent music division of Universal Music Group, announced today it has…

Prepare to remove TikTok from app stores by January 19, US lawmakers tell Google and Apple

US lawmakers have instructed Google and Apple to prepare to remove TikTok from their app stores…

Utopia’s Bicester warehouse that services Universal, Sony, Beggars and Domino sold to landlord DP World

The Bicester, UK warehouse of Utopia Distribution Services (UDS) has been acquired by its landlord, DP…

Prepare to remove TikTok from app stores by January 19, US lawmakers tell Google and Apple

US lawmakers have officially instructed Google and Apple to prepare to remove TikTok from their app…

From the United States vs. TikTok to Sony pulling its catalog from Boomplay… it’s MBW’s Weekly Round-Up

Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories…

US government asks court to reject TikTok’s motion to delay law that could see its app banned in the market

The US government has asked the court to reject TikTok’s emergency request to delay a law…

$1bn-valued Create Music Group acquires 50% stake in UK label and publisher Enhanced

It’s been a busy year for California-headquartered Create Music Group. In June, it closed a USD…

Universal Music Group inks strategic partnership with advertising giant WPP

The world’s largest music rights company is teaming up with one of the world’s largest ad…

Antonious Porch, SoundCloud’s General Counsel and Chief Diversity Officer to exit; Ama Walton promoted to EVP & General Counsel

Antonious Porch, General Counsel and Chief Diversity Officer at SoundCloud, is leaving the music streaming service.…

After Spotify’s $100bn market cap milestone, Daniel Ek cashes out another $28m

Spotify co-founder and CEO Daniel Ek has sold another $28 million in SPOT stock, bringing his…