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MBW's Weekly Roundup: Lucian Grainge, Tencent, Spotify, Beatport, TikTok

Music Business Worldwide
December 18, 2020
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.
This week, Sir Lucian Grainge, CEO & Chairman of Universal Music Group, sent an internal year-end memo to his staff reflecting on the year – and revealing some plans that are afoot for UMG in 2021.
Talking of UMG, today (December 18), we learned that a Tencent-led consortium has agreed to buy another 10% of the music company, taking its total stake up to 20%. ....

Soult Ukpyolsi , South Korea , Daechi Dong , Music Group , Universal Music Group , Music Business Worldwide , Sir Lucian Grainge , Lucian Grainge , Tencent Music Entertainment , Korea Herald , Peter Gradelius , Associate General Counsel , Corporate Legal , Plugin Boutique , Old Town Road , United Kingdom Based Loopmasters , Deep End , தெற்கு கொரியா , இசை குழு , உலகளாவிய இசை குழு , இசை வணிக உலகளவில் , கொரியா ஹெரால்ட் , இணை ஜநரல் ஆலோசனை , பெருநிறுவன சட்டப்பூர்வமானது , பிலுகின் பூட்டிக் , பழையது நகரம் சாலை ,

Beatport acquire sample company Loopmasters

Beatport has acquired sample company Loopmasters, including their umbrella brands Loopcloud and Plugin Boutique. Beatport has been in the producer samples game since Beatport Sounds launched in 2010 but this move sees Loopmasters’ library folded into the digital DJ store.
CEO of Beatport Robb McDaniels said: “The entire Loopmasters team are world-class people who have built amazing products for the producer community that simply belong in our ecosystem. The phenomenal growth of Plugin Boutique, the leading global seller of virtual instrument plug-ins, and the recent launch of Loopcloud, an innovative subscription service for the samples market, is a testament to the talent of their team, and we couldn’t be happier to welcome them to the Beatport family.” ....

Beatport Robb Mcdaniels , Beatport Sounds , Plugin Boutique , பிலுகின் பூட்டிக் ,