Warner Music Group Corp. posted revenues of $1.49 billion for the first quarter of 2024 ending March 31, 2024, up 7% compared to the same period a year prior. Net income was $96m versus $37m in the prior-year quarter, while operating income decreased 4% to $119m versus $124m year-on-year.

Both Recorded Music and Music Publishing benefited from an acceleration in subscription streaming revenue. "Revenue increases in the quarter were also driven by growth in Recorded Music licensing revenue an...

Götz von Einem, peermusic's Managing Director GSA and Senior Vice President Digital & European Legal Affairs, has been re-elected as President of the Board of German music publishers' association Deutscher Musikverleger Verband-DMV.

Von Einem was elected during the organisation's annual meeting in Berlin with 97% of the AGM's votes, alongside new Vice-President Arne Björn Segler (Schott Music). DMV board members are elected by the annual general meeting for three years.

peermusic's ...

Catherine Starkie, who has been Head of Legal Affairs at IFRRO since 2017, is leaving the International Federation of Reproduction Rights Organisations for personal reasons. Her last day at IFRRO will be on June 20, 2024.

"We all thank Catherine for her enormous contributions to the IFRRO membership throughout the past years. The IFRRO Secretariat has been incredibly lucky to have had the privilege to work with Catherine, and we wish Catherine all the very best for the future," said the Bru...