News After $1.5bn takeover proposal, Hipgnosis Songs Fund’s board tells Blackstone: We’re listening…Bring on a firm offer, HSF's board tells private investment giant
News Strap in. Blackstone is ready to bid $1.5 billion for Hipgnosis Songs Fund.To paraphrase Pink Floyd, Will the sun (Concord Chorus) be eclipsed by the moon (Blackstone)?
Analysis News From the NMPA’s criticism of Spotify’s bundling plans to Concord’s bid for Hipgnosis assets… it’s MBW’s Weekly Round-UpThe five biggest stories to hit our headlines over the past seven days…
News Taylor Swift’s return to TikTok includes an in-app experience for ‘The Tortured Poets Department’ with ‘first-of-its-kind’ featuresIn-app experience follows the return of the superstar's music to TikTok, amid its licensing dispute with Universal Music Group
News Believe’s board backs takeover bid from Denis Ladegaillerie-led consortiumThe company will continue to trade on the stock market following the expected buyout.
News Copyright case over Ed Sheeran’s ‘Thinking Out Loud’ continues in New York appeals courtThe long-running dispute, in which Sheeran emerged victorious last year, now continues in an appellate court in New York.
News Audiomack signs partnership with Merlin, as streaming service aims to monetize and legitimize modified audioAudiomack's Audiomod tool allows music fans to speed up, slow down, and adjust the pitch on the songs they're listening to
News NMPA accuses Spotify of ‘attacking songwriters’ as streaming service changes how it pays out mechanical royalties in the USSPOT now considers its Premium plans to be 'bundles' – because they combine audiobooks and music
News TikTok rival Triller to merge with NASDAQ-listed AGBA, creating $4 billion social media and financial services company"We believe this is the most efficient route for Triller to access public capital markets and secure the liquidity needed for rapid growth."
News SoundExchange to handle payment admin for JKBX’s Creator ProgramJKBX received qualification for its assets from the SEC in March
News Africa-focused streaming service Mdundo reports 41% jump in active users, as Nigerian currency crisis pressures revenueThe Nigerian naira fell 38% in Q1, putting pressure of Mdundo's revenue even as user growth continued unabated
News Concord, financed by Apollo, makes $1.4bn cash bid to acquire Hipgnosis Songs Fund’s assetsBut will Merck Mercuriadis and Blackstone go quietly? Don't bet on that.
Analysis News Epidemic Sound’s royalty-free music is played 2.5bn times per day on YouTube and TikTok, but company still struggles to turn a profitThe company says there are now 26 million videos on YouTube and TikTok featuring its music
News Singer-songwriter Neil Sedaka sells stake in catalog to Primary Wave MusicSedaka has written or co-written for artists including Frank Sinatra, Elvis Presley, Connie Francis, Tom Jones and more
News Harri Davies appointed Head of A&R at RCA Records UKHe most recently held the position of Senior Director A&R at Concord Music Publishing in the UK