Member Updates
Music Biz broadcasts the latest announcements from around our community on our social feeds as our member companies continue to push the industry forward. If you are launching a new product, have been featured in an industry trade publication, or have a major announcement coming soon, we’d love to help spread the word — share it with Henryk Bik, Music Biz’s Communications & Content Manager, at henryk.bik@musicbiz.org.
NEW FOR 2024 Music Biz’s member news will be shared exclusively on our social channels, as the Member Updates section of our website is set to go offline later this year.
January 6, 2023 – Music Biz Member FUGA Strikes Deal With Polyvinyl Records
B2B distributor FUGA has announced a new partnership with indie label, Polyvinyl Records. Per the agreement, FUGA will allow the label to utilize its distribution and marketing services. Polyvinyl will also gain access to a trends and analytics platform, DSP marketing, API access and account management across their releases. According to Matt Lunsford, President & Co-founder of Polyvinyl Record, the partnership with FUGA “…represents Polyvinyl’s continued commitment to our artist-first ethos”. “We are proud to provide our artists a fully independent path to digital distribution and marketing via our partnerships with FUGA and Merlin: both of whom share our passion for empowering independent music,” said Lunsford. ... Read More
January 4, 2023 – Music Biz Member Warner Music Group Strikes Partnership with Virtual Fashion Platform, DRESSX
Warner Music Group has announced its investment in digital fashion retailer, DRESSX. The partnership allows WMG to further venture into the Web3 space by enabling their artists to design and launch their own virtual fashion lines. The artist’s 3D and AR virtual clothing offerings can be collected by fans and used across Instagram, Snapchat and other partner platforms. “As our digital identities become exponentially more robust and impactful, we are focused on building partnerships that will enable WMG and our artists,” said WMG’s Chief Digital Officer &... Read More
January 3, 2023 – Music Biz Member Republic Records Names Beau Benton as Senior Vice President, Media & Operations
Republic Records has promoted Beau Benton as their new SVP, Media & Operations. In his new role, Benton will oversee operations for Republic Records in Los Angeles along with Co-President, Wendy Goldstien, and serve as the liaison for internal LA team communication during large-scale events. He will also continue to handle media strategy and orchestrate promotional campaigns. An eight-year veteran of the label, Benton joined Republic Records in 2014 as VP of Media. Over the course of his career,... Read More
December 14, 2022 – Music Biz Member Ingrooves Is Hiring — Social Media and Communications Manager
Ingrooves Music Group is a world leader in music distribution, marketing, and technology that empowers independent labels and entrepreneurs to grow their businesses and thrive in the global music industry. Ingrooves offers a comprehensive suite of solutions that includes marketing strategy, insights and analytics, rights management, advertising, royalty accounting, video monetization, and music licensing, all accessible through an intuitive client platform. The company has offices throughout the United States (HQ), Canada, Latin America, Europe, Africa, Asia,... Read More
December 14, 2022 – Music Biz Member DDEX Publishes ERN 4.3 Update and Catalogue Transfer Standard 1.0
DDEX has recently released version 4.3 of the Electronic Release Notification (ERN) that will add more functionality and reduce the complexities of earlier ERN versions. Within the update, DDEX has defined the operation of the ERN Choreography for Cloud Based Storage and the ERN Choreography for Web Services. ERN 4.3 also includes business benefits like data on immersive audio, sound recording, video clips, album visibility dates and more. Companies such as Universal Music Group, Beggars Group and Spotify have already committed to implementing ERN 4.3 due to its improved functionality.... Read More
December 15, 2022 – Music Biz Member Warner’s WMX Launches Three Music Channels on Roku Channel
Warner Music Group’s media and creative content division, WMX has partnered with Roku to launch three FAST (Free ad-supported streaming TV) channels on the Roku Channel. In light of the recent trend of music related TV channels debuting in the US, Warner says that the channels will focus on a specific genre and will be programmed based on consumer behavior insights. Along with music videos and concerts, the channels will feature original programming from WMG”S media brands including UPROXX,... Read More
December 15, 2022 – Music Biz Member Concord Issues $1.8BN Bond Offering, Backed by 1M+ Music Copyrights
On December 8th, Concord confirmed that the company has become the latest large music company to launch a bond offering via securitized royalties from copyrights. The company secured a $1.8 billion bond backed by music rights from Concord’s catalog from Apollo Global Management, originally priced at $1.65 billion. Concord claims that the transaction is, “…the largest asset-backed securitization offering of music rights in the industry to date in terms of both size of issuance and number of assets (over one million copyrights)”.... Read More
December 15, 2022 – Music Biz Member TuneCore Reaches $3 Billion by Artists
BELIEVE owned independent development company for self-releasing artists, TUNECORE, has generated $3 billion by artist. According to Denis Ladegaillerie, CEO of BELIEVE, “The achievement of reaching $3 billion earned by self-releasing artists speaks volumes to the importance of supporting all creators equally. Which is why the whole artistic community must be nurtured without differentiation to allow the emergence of a new class of self-releasing artists that will be able to sustain themselves by making a living from their art.... Read More
December 14, 2022 – Music Biz Member Apple Releases Karaoke Feature on Apple Music
Apple Music has released a new karaoke feature with adjustable vocals and real-time lyrics called Apple Music Sing. Depending on the device, the feature will include multiple lyric views to help participants perform leads, duets and sing backup. In celebration of the feature’s debut, Apple has curated 50 dedicated companion playlists that will fully optimize the Apple Music Sing experience. The new karaoke feature will be available on IPhone, iPad, and the new Apple TV 4K to all Apple Music Subscribers later this month.... Read More
December 14, 2022 – Music Biz Member Cosynd Names Rhea Ghosh as Chief Marketing Officer
Copyright protection service, Cosynd has promoted Rhea Ghosh to the position of Chief Marketing Officer. She will be in charge of spearheading all communications initiatives and consumer brand marketing for the company, which will empower thousands of creators and copyright owners from across the globe. Ghosh will also be responsible for Cosynd’s advocacy initiatives with its partner network including companies like CD Baby, A2IM (American Association for Independent Music), The MLC, and more. With over a decade of experience,... Read More
