News TikTok’s US growth stalls amid UMG dispute, competition, regulatory and e-commerce woes (Report) The social media giant's efforts at e-commerce are backfiring with users, a news report says
News Talent management firm YMU sold for $76M after financial restructuring (Report) The deal includes cancellation of some debt and a new credit facility for the struggling agency
News UK’s Intellectual Property Office partners with PPL and PRS for Music on expanded ‘Get Paid Guide’ for music creators The new version aims to provide performers, managers, and reps with a step-by-step guide on registering and managing their music metadata
News MBW (and Skibidi Toilet) just inspired a flurry of TikTok music takedowns TikTok took swift action over a list of videos that MBW identified as 'manipulating' UMG content
Analysis News Global recorded music revenues grew 9.8% YoY to $35.1bn in 2023, says MIDiA Research MIDiA estimates that streaming revenues reached $21.9bn in 2023
Analysis Blog Soundful founder and CEO Diaa El All: ‘There is a way to create disruptive technological advances in AI while keeping the integrity of artists’ rights at the forefront.’ Soundful founder and CEO Diaa El All shares his thoughts around copyright issues related to AI music
News Barcelona appeals court rules that Spanish authors’ society SGAE ‘abused its position’ in the market, in victory for rival UNISON SGAE's all-or-nothing rights contracts with its members prevented the liberalization of the rights market in Spain, competitor UNISON says
News Nine Canadian ‘streaming manipulation sites’ shut down in win for record companies Streaming manipulation misleads music fans and interferes with the effective operation of music streaming sites, IFPI and Music Canada said
News Snafu Records pledges $1M to bridge gender gap in music industry with Women’s Creator Fund The AI-driven record company is setting up a fund and a support network for women creators in music
Analysis News From Universal’s TikTok takedowns to Deezer’s 26m deleted tracks… it’s MBW’s Weekly Round-Up The five biggest stories to hit our headlines over the past seven days…
Analysis News Record companies are better placed than streaming platforms to monetize superfans… and 3 other things Robert Kyncl said in his new Q&A Warner Music Group’s CEO has some “radical” ideas on how to change how streaming services pay music rights holders
News Deezer has deleted 26m ‘useless’ tracks since it launched artist-centric model with Universal Music Group The idea is to "declutter the platform" and "focus on tracks that are valuable to our users" according to CEO Jeronimo Folgueira
Analysis News Recorded music trade revenues in the UK grew 8.1% YoY to $1.77bn last year The UK is the world's third largest recorded music market behind the United States and Japan, respectively
News Mercury Records expands executive team in New York Team now includes EVP, Mercury Records, Alex Coslov and SVP, Media, Mercury Records, Marisa Bianco. Mario Vazquez joins as VP, of Audience and Streaming
Analysis Blog On… the value of ‘storytelling’ in the marketplace of ideas The following op/ed comes from long-time music industry journalist, Eamonn Forde
News Big Loud Records inks deal to distribute all future releases through Mercury Records/Republic In a memo to staff, Big Loud's leadership stressed the company has not been acquired and remains independent
News Live Nation extends ‘On the Road Again’ program through 2024, providing support to touring artists The program has supported some 4,000 touring artists so far, Live Nation says
News AEG Presents partners with Cárdenas Marketing Network on live Latin music The partnership will create what the companies call "the world leader in live Latin music"