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Creative Industries

Six takeaways from IFPI’s global report

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IFPI, the London-based global recorded music trade organisation, unveiled this week the market figures for 2021, and the report card was the best in years, with global revenues increasing by 18.5% year-over-year to $25.9 billion (see story here).

The following analysis of the state of the market is based on comments made by industry executives during a press conference held by the IFPI on March 22.

1 - The growth is global

As opposed to previous years when growth was unevenly sprea...

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Creative Industries

Markus Holzherr named Chief Business Officer at Warner Music Central Europe

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Markus Holzherr has been appointed as the Chief Business Officer of Warner Music Central Europe. Based in Hamburg, he reports to Doreen Schimk and Fabian Drebes, Co-Presidents of Warner Music Central Europe.

In his new role, Holzherr will be responsible for the Finance, New Business, Research & Analytics and Legal departments. WMG said the newly created position of Chief Business Officer "underlines the vision of the WM Central Europe team to think strategically and holistically about a...

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Creative Industries

Utopia Music reorganises and bids farewell to current CEO Markku Mäkeläinen

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Utopia Music has announced a raft of leadership changes — including the departure of CEO Markku Mäkeläinen — amid a reorganisation that will see the Swiss-based music company split into two entities, Music Services and Royalty Platform

The company said the new structure is "aimed at refocusing on its core," in order to "drive sustainable growth and deliver ‘Fair Pay for Every Play’."

Utopia's Markku Mäkeläinen

"The new management team — all promoted from within the company — will lever...

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Creative Industries

Rob Gross joins marketing agency The Syndicate as SVP, Label Services

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Entertainment marketing agency The Syndicate has hired music industry veteran Rob Gross as SVP, Label Services. Based in Los Angeles, Gross reports to Jon Landman, Partner and CEO of The Syndicate, and to the other partners — Tracey Zucatti, Chris Elles and Graham Rothenberg.

In the newly created role, Gross will offer "full-scale project management for album releases and sales for all pillars of the company’s services in radio, marketing, and PR." As part of the agreement, Gross Rob will be...

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