As the music giant's catalog leaves TikTok, other music businesses and organizations are offering their takes on the unfolding situation.
Next week’s earnings releases include Spotify (Feb. 6), Reservoir Media (Feb. 7) and Warner Music Group (Feb. 8).
This week's most important music industry stories in Canada.
Also this week — aside from a lil' shakeup at UMG — Branford Marsalis returns home, APG goes on a promotion spree and BMI is feeling Keen.
Hjelmstedt said the decision to step down "was not taken lightly, but it comes with a deep belief that it's the right thing to do."
Mercuriadis will transition to chairman, with Ben Katovsky rising to chief executive as the advisor eyes smoother relations with its publicly listed royalty fund.
The publisher is blasting the social platform for "willfully underpaying artists" by using "a decades-old canard that has no place in any modern music business."
Clive Davis introduced nine-time 2024 Grammy nominee SZA to present his namesake award at the Wednesday night party.
Full-year revenue dropped 0.6% to $8.95 billion while adjusted EBITDA fell 2% to $2.8 billion.
Noah Kahan presented the label of the year award to the label leaders.
