SoundCloud private equity owners mulling $1 billion sale
SoundCloud owners consider a sale seeking over $1 billion The current owners of SoundCloud are reportedly preparing to sell the company in a deal that could top $1 billion. That…
D2C Marketing Assistant // Full Time Hobby Music (London)
Full Time Hobby Music is an umbrella group covering the record labels Full Time Hobby and Hassle Records, along with publishing and management. FTHM is looking for a new member…
Logistics & Production Assistant // terrible* (London)
we’re artists, apparel designers, data scientists and entrepreneurs making, managing and moving physical products online and at-show for the greatest creators on the planet terrible* manages the entire merchandise supply…
Vinyl sales grow, cassettes slump; streaming now 87.7% of UK music consumption
Streaming accounted for 87.7% of music consumption in the UK last year, according to UK record industry trade group BPI, with 179.6 billion streams being delivered across 2023. That’s up…
Artificial Intelligence and the music industry in 2023
Over the past twelve months – and, in fact, for considerably longer than that – CMU has been following the evolution of AI and its intersection with the music industry…
Nevermind artwork lawsuit revived on appeal
The Ninth Circuit Appeals Court in the US has revived a lawsuit which claims that the cover of classic Nirvana album ‘Nevermind’ constitutes “child pornography”, with appeal judges concluding that…
Press & Promotions Coordinator // Snapper Music (London)
Snapper Music Ltd – home of Kscope, Peaceville and Madfish labels are looking for an experienced press & promotions coordinator, looking to take the next step in their career. Please…
More changes at Utopia as investors demand more control, increased oversight
An Extraordinary General Meeting held yesterday by Utopia Music has seen investors take greater oversight of the company – including appointment of a new Chair, which sees co-founder Mattias Hjelmstedt…
2023’s strangest, funniest and most ridiculous music business stories
Each day in our email newsletter CMU Daily we round off our news summary with ‘And Finally’ – a funny, ridiculous or (if we’re in the mood) poignant story. As 2023…
⏩ One Liners: Shygirl, Daniel Johnston, Nena + more
DEALS 🎈 BMG has increased its stake in the catalogue of German band Nena, including their 1983 song ‘99 Luftballons’. “Nena’s journey with ‘99 Luftballons’ has been a remarkable one,…