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Beggars Group has acquired majority ownership of XL Recordings, documents show

UK-headquartered indie music company Beggars Group has been the majority owner of XL Recordings since October 2024

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Last Updated on Tuesday, 16 December 2025 20:58

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Beggars Group revenue hit $140m in 2024, as operating profit jumped 49%

The company saw revenue grow as it celebrated a year of Grammy nominations and Brit Awards wins

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Last Updated on Tuesday, 16 December 2025 20:50

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The UK’s PRS for Music reports largest-ever quarterly royalty payout at $368m, up 4% YoY

More than 50,000 song creators will be paid via PRS this quarter, including hundreds of first-time songwriters and composers

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Last Updated on Tuesday, 16 December 2025 20:37

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James Barton resigns from Superstruct, less than 18 months after KKR’s acquisition of company

Superstruct has faced objections from artists following investment in the company from KKR last year

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Last Updated on Tuesday, 16 December 2025 19:37

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Eric Wong promoted to EVP, Recorded Music at Warner Music Group

He will remain based in New York, reporting directly to WMG CEO Robert Kyncl

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Last Updated on Tuesday, 16 December 2025 17:34

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Dionne Warwick sued by rights company over royalties from Doja Cat sample deal

Artists Rights Enforcement claimed the singer tried to cut off payments under agreements they struck since 2002.

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Last Updated on Tuesday, 16 December 2025 13:23

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Beatchain launches music platform WAVVI in West Africa via AFROSON1C X partnership

WAVVI will offer streaming distribution, AI-powered advertising campaigns, performance and auience analytics and audio mixing tools, among others.

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Last Updated on Tuesday, 16 December 2025 13:09

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Berlin startup Mirelo raises $41m in seed funding for AI-generated video sound

Founded in 2023, the startup develops foundation models that produce synchronized sound effects for video content.

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Last Updated on Tuesday, 16 December 2025 11:45

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Warner India’s Divo names Sony Music veteran Ashok Parwani as Head of Music

Parwani spent two decades at Sony Music India, where he helped build the company’s southern India operations.

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Last Updated on Tuesday, 16 December 2025 11:44

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DJ Mag’s top albums of 2025

https://djmag.com/sites/default/files/styles/djm_23_430x242/public/2025-12/ALBUMS-FEATURE-HEADER3.jpg.webp?itok=Tz9cr1t0...

Last Updated on Monday, 15 December 2025 20:44

Hits: 16

Ollie Wards departs as TikTok’s Director of Music for Australia and New Zealand

Wards' adieu follows hot on the heels of Charlotte Stahl's departure as head of Music Partnerships for the EMEA region

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Last Updated on Monday, 15 December 2025 20:42

Hits: 24

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