Disney Music Group Says Russian Sanctions Are ‘A Big Blow For Us’

Peter Jansson, who since 2014 has served as senior manager of international music publishing within Disney Music Group, acknowledged the far-reaching financial effects of the Russia-Ukraine conflict in a message to his “fellow Music Publishers,” according to a copy of the comments that is circulating on social media. Source: Disney Music Group Says Russian Sanctions Are ‘A Read More …

Amazon Music to overtake Pandora as No. 2 US music streamer this year

According to estimates from Insider Intelligence (previously eMarketer), Amazon Music will surpass Pandora this year to become the music streamer with the second most number of users in the U.S. Notably, this study includes users on both paid and ad-supported plans for these services — so, while Apple Music has an estimated 38.2 million subscribers, Read More …

Jason Aldean Sells Catalog to Spirit Music In Reported $100 Million Deal

Back in October of 2021, Spirit Music Group owner Lyric Capital launched a $500 million catalog fund with Northleaf Capital Partners. Now, Spirit Music has acquired the song rights of country artist Jason Aldean in an estimated $100 million deal. The transaction encompasses 90 percent of the five-time Grammy nominee’s recorded catalog as well as “neighboring Read More …