Frank Briegmann says UMG’s “artist-centric” streaming model and "Streaming 2.0” tiered pricing will drive industry growth.
Also this week: The Indigenous Music Office introduces 10 participants in its inaugural Cultural Cadence Mentorship, plus Universal Music Canada names co-heads of A&R.
The appointment comes as part of Sony Music Latin Iberia's newly-announced organizational structure for operations in Brazil.
Industry experts fear budget cuts will further damage a sector already struggling from years of underfunding and complex issues surrounding generative AI.
Looking to emulate South Korea’s K-pop juggernaut, the island nation’s music industry is banding together to take its pop music global.
IFPI recently identified MENA as the world's fastest growing region for music sales.
The CMA says that are investigating whether Ticketmaster breached consumer protection law during the sale.
Also in Canadian music news this week, the IFPI Global Report touts revenue growth in the market and the Canadian Country Music Association adds a new category.
The trio of reports revealed continued subscription growth but smaller improvements than in previous years as the major labels increasingly look to small and developing markets.
The Colombian star's record-breaking Las Mujeres Ya No Lloran tour in Mexico not only shattered attendance records but also generated millions in tourism and economic revenue.
