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From Sony’s big spending to BTS streams on Spotify: It’s MBW’s Weekly Round-Up
May 28, 2021
Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximise their income and reduce their touring costs.
How hot is the music rights business as a market right now?
The empirical answer to this question was revealed this week by Sony Music Group boss Rob Stringer.
During a speech to Sony investors, the British exec noted that, according to his team’s estimates, the music industry saw over $7 billion of merger and acquisition activity in the first four months of 2021 alone.