The Supervisory Board of German media and entertainment conglomerate Bertelsmann has announced a leadership change atop the company, with current Chairman and CEO Thomas Rabe stepping down at the end of his contract on December 31, 2026, after 15 years in the position, to be replaced by Thomas Coesfeld, the current CEO of music division BMG.
The 35-year-old Coesfeld has been CEO of BMG since 2023, taking over from Harwig Masuch who had relaunched the music division, and a member of the Bertelsma...

TuneCore, the distribution and services platform for independent artists, has unveiled that it has distributed over $5 billion to artists since the company’s founding nearly 20 years ago.
The Believe-owned company said this marks "a historic milestone and the first public achievement of its kind among distributors for self-releasing artists." These $5bn in cumulative earnings since 2006 come just 17 months after passing the $4 billion mark., reflecting an acceleration "of artist success across e...

Independent label Rebellion Records has signed Taiwanese/Peruvian artist Mad Tsai to a global recording deal. Terms of the record agreement include 10 released tracks, a 50/50 revenue split, and a "nearly seven figure blended budget."
The new partnership will debut with 'HOUNDSOFHELL', set for release on November 21st. "I’m thrilled to be partnering with a label that has full confidence in the vision and the trajectory that I’m creating with my career," said Mad Tsai. "As a fully independent art...