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Saudi Arabia’s MBC Acquires Nearly 14% of Anghami (ANGH) — Shares Experience Double-Digit Valuation Hike

March 21, 2024

MBC Ventures, the investment division of Saudi Arabia-owned media conglomerate MBC Group, officially possesses over four million shares in Anghami (NASDAQ: ANGH). MBC’s multimillion-dollar ANGH play came to... Read More...

When It Rains, It Pours: Hipgnosis Songs Fund Takes a 7.6% Valuation Hit Following Accounting ‘Error’

Ashley King

March 18, 2024

Hipgnosis Songs Fund takes another valuation hit following an ‘error’ in accounting a critical financial metric. It’s been a harrowing year for London-based Hipgnosis Songs Fund. The most recent act to emerg... Read More...

Believe Board Taps French Securities Commission to Rule on Waiver Amid Intensifying Privatization Battle

Dylan Smith

March 11, 2024

Believe's board has enlisted a French regulatory agency to determine whether a Denis Ladegaillerie-led consortium can expedite the privatization process despite a possible superior offer from Warner Music Gro... Read More...

Hybe Acquires Nearly 900,000 SM Entertainment Shares for $78.2 Million

Ashley King

March 4, 2024

Hybe announces the upcoming acquisition of nearly 900,000 additional shares of SM Entertainment stocks for $78.2 million, following the former’s acquisition of a 14.8% stake in the latter earlier last year. ... Read More...

Hipgnosis Songs Fund Slashes Valuation by Over 26% as Share Prices Continue to Sink

Ashley King

March 4, 2024

Hipgnosis Songs Fund has slashed its music portfolio valuation by over 26%, saying it would need to use free cash to pay down its debt as share prices continue to sink. The latest blow to investors in UK mus... Read More...

DMN Pro Exclusive

Music IP Acquisitions Are Exploding, With Early 2024 Spending Topping $2 Billion — Is This the Beginning of a Record-Setting Year?

Paul Resnikoff

February 28, 2024

2024’s first two months saw billions pour into music IP, with one of the largest single-catalog deals to date occurring. Amid continued streaming growth and strong listenership for the hits of yesterday, does... Read More...

Kobalt Music Group ABS offering security

Kobalt Positions a $267 Million Asset-Backed Security — Powered by a 5,000-Song Music Publishing Catalog

Ashley King

February 21, 2024

Kobalt Music Services America II is prepping its first asset-backed security (ABS) deal. It will sell $266.5 million to investors, secured by the publishing royalties of a 5,000-song strong music catalog from... Read More...

DMN Pro Exclusive

Daniel Ek and Other Spotify Insiders Recently Sold Nearly $100 Million Worth of Company Stock — A Look at Whether This Matters

Paul Resnikoff

February 14, 2024

Following the release of Spotify’s Q4 2023 earnings report, insiders including CEO Daniel Ek sold a total of almost $100 million worth of company stock. Amid a push for profitability – and as shares continue ... Read More...

With Spotify Stock Surging, CEO Daniel Ek Is Continuing to Cash Out — $57.5 Million Worth of Shares Sold Following Q4 Earnings Release

Dylan Smith

February 8, 2024

With Spotify stock (NYSE: SPOT) hovering around its 52-week high price, CEO Daniel Ek is continuing to cash out, dumping another quarter of a million shares for a cool $57.5 million, according to a regulatory... Read More...

Hipgnosis Songs Fund Investors Overwhelmingly Approve Special Resolution Designed to Bring Potential Catalog Buyers to the Table

Dylan Smith

February 7, 2024

Hipgnosis Songs Fund (HSF) shareholders have officially approved a special resolution that will establish a multimillion-dollar fund to cover prospective catalog buyers’ due diligence costs. HSF today announ... Read More...

UBS Raises Spotify Stock (NYSE: SPOT) Rating and Target Price As Daniel Ek Pledges Consistent Profitability

Dylan Smith

January 31, 2024

Citing anticipated gross margin improvement and continued user growth for Spotify, UBS has upgraded both its rating and target price for the music streaming company's stock. The Zürich-headquartered investm... Read More...

Hipgnosis Songs Fund Board Tees Up Special Resolution Amid Shareholder Pushback Against Investment Adviser ‘Call Option’

Dylan Smith

January 18, 2024

The showdown between Hipgnosis Songs Fund (HSF) investors and management is continuing to heat up, as HSF’s revamped board is proposing a change, designed to encourage possible buyers to engage in related tal... Read More...

SRR Capital Launches With a VC-Style Approach to Music Investing

What Is Attribution?

So Busy With "The Quiet Time..."

Netflix Won the Streaming Wars. YouTube Changed the Rules.

Indonesia: One of the World’s Most Promising Digital Music Markets

What Politicians Could Learn from the Music Business: A Midterm Election Primer

Netflix Won the Streaming Wars. YouTube Changed the Rules.

Music Collab Platform Chaos Secures $1.4 Million in Startup Capital, With Amuse Among the Backers

Live Marketing Platform Hive Secures $27 Million Investment

The Supreme Court Just Threw a Wrench Into The Music Industry’s Copyright Cash Machine

DJ Reinier Zonneveld Raises a $1 Million Pre-Seed for GasLab, a GenAI Music App That Actually Prioritizes Paying Musicians

Saudi Arabia’s MBC Acquires Nearly 14% of Anghami (ANGH) — Shares Experience Double-Digit Valuation Hike

When It Rains, It Pours: Hipgnosis Songs Fund Takes a 7.6% Valuation Hit Following Accounting ‘Error’

Believe Board Taps French Securities Commission to Rule on Waiver Amid Intensifying Privatization Battle

Hybe Acquires Nearly 900,000 SM Entertainment Shares for $78.2 Million

Hipgnosis Songs Fund Slashes Valuation by Over 26% as Share Prices Continue to Sink

Music IP Acquisitions Are Exploding, With Early 2024 Spending Topping $2 Billion — Is This the Beginning of a Record-Setting Year?

Kobalt Positions a $267 Million Asset-Backed Security — Powered by a 5,000-Song Music Publishing Catalog

Daniel Ek and Other Spotify Insiders Recently Sold Nearly $100 Million Worth of Company Stock — A Look at Whether This Matters

With Spotify Stock Surging, CEO Daniel Ek Is Continuing to Cash Out — $57.5 Million Worth of Shares Sold Following Q4 Earnings Release

Hipgnosis Songs Fund Investors Overwhelmingly Approve Special Resolution Designed to Bring Potential Catalog Buyers to the Table

UBS Raises Spotify Stock (NYSE: SPOT) Rating and Target Price As Daniel Ek Pledges Consistent Profitability

Hipgnosis Songs Fund Board Tees Up Special Resolution Amid Shareholder Pushback Against Investment Adviser ‘Call Option’