Paulo Londra: Last News

New Music Friday! It's every audiophile's favorite day of the week, and some of our favorite artists from all different genres have blessed us with new tunes.Megan Thee Stallion thrilled the Hotties with the release of her new album,, with features from Latto, Rico Nasty, Jhene Aiko and more.

Jem Aswad Senior Music EditorDespite some “headwinds” including an unusually strong dollar, a lighter-than-usual release schedule and several short-term expenses, Warner Music posted a solid third quarter of 2022, with a strong showing from its publishing division and 12% revenue growth that the company stressed would have been closer to 15% if not for the above factors. The company also announced a new deal with Meta (formerly Facebook) and several upcoming legal settlements that it says will bring in $25 million in OBITDA, both of which will have a strong impact on Q4.“We delivered solid double-digit growth on a constant-currency basis, even against the backdrop of a slowdown in the advertising market and some one-time items affecting year-over-year comparisons,” said Steve Cooper, CEO, Warner Music Group.

Shirley Halperin Executive Editor, MusicWarner Music Group has opened an office in Israel. The new recorded music affiliate is headed by Mariah Mochiach, a veteran of the Israeli music industry and longtime conduit to the local scene who’s held A&R positions, managed artists and served as a liaison and consultant for such labels as Beggars Group, Domino Recordings and Kobalt Music Group, among others.Warner Music Israel, based in Tel Aviv, will locally market and promote artists from the WMG roster — Anitta, Bruno Mars, Cardi B, Coldplay, David Guetta, Dua Lipa, Ed Sheeran, Paulo Londra, Red Hot Chilli Peppers and Saweetie are listed in the release announcing the news — as well as local signings.Recorded music revenue in Israel saw a rise of 10.2% in 2021, per the latest report by industry trade group IFPI, and international music companies have taken notice, with Live Nation and Universal Music Group opening Tel Aviv outposts in recent years.