Since going public in mid-2022, the youth culture and gaming company's stock has fallen below $1 and 20% of its staff has been cut.
Also this week: NetEase renews its licensing deal with "Mandopop" label Rock Records, Symphonic enters the Web3 space and more.
The collecting society had a "record result" in 2022 after "three hard years," says GEMA chief Harald Heker.
The pact comes on the heels of the success of Watch Out for the Big Girrrls.
"Together, we will be a $21+ billion live sports and entertainment powerhouse," says Vince McMahon, who remains executive chairman at WWE.
The 20-company Billboard Global Music Index rose 4.2%, with more than two-thirds of companies in positive territory.
Also this week: DICE names a chief business officer, [PIAS] hires an executive vp of A&R and more.
The two entertainment companies shift user-discovery model to influencer led-distribution platforms.
The deal will "help deliver scalable solutions for the music industry while simplifying music use" for digital platforms and brands, says CEO Paul Wiltshire.
24 women, including Billboard's Sigal Ratner-Arias and Isabela Raygoza, will be honored.
