The organization collected $1.54 billion in 2022, 34% more than in 2021, and distributed $1.15 billion — a 19% increase over the previous year.
The worldwide pact covers distribution, branding, sponsorships, merchandising and synchronization.
Michael Travis Leake, the frontman of Russian band LoviNoch (Catch the Night), is the latest American to be detained since Russia invaded Ukraine.
The company, whose clients include Steve Aoki and Paris Hilton, reportedly owes $87 million to lenders and has agreed to appoint a chief restructuring officer.
The K-pop juggernaut is in talks with strategic and financial partners exploring equity stakes, according to a new report.
The workers allegedly booked $173,000 on trades before news of the K-pop group's break caused the company's share price to fall 29%.
The government also launches a new review of artist remuneration that will study the impact of AI on music.
A Korean law firm says K-pop stars Baekhyun, Chen and Xiumin are pursuing their longtime label and management company over contracts longer than 12 years.
CEO Golnar Khosrowshahi says Reservoir's strategy is "to become the largest holder of Arabic music copyrights."
The not-for-profit organization seeks to advance gender equality in the music industry.
