Analysis News From the NMPA vs. Spotify to Sony’s opt-out from gen AI… it’s MBW’s Weekly Round-UpThe five biggest stories to hit our headlines over the past seven days…
News Nasra Artan promoted to Head of International A&R at Sony Music PublishingExec will take on a broader role in spearheading SMP’s international creative strategy
Analysis News Streams of Kendrick Lamar’s Not Like Us and Euphoria are still soaring on Spotify… and the tracks have been blowing up on other platforms too.Not Like Us reached No.1 on the Billboard Hot 100 this week
News Spotify sued by the MLC for cutting pay rate to songwriters via premium bundlesLawsuit stems from Spotify's decision at the beginning of March to reclassify its Premium tiers a bundles
News Sir Lucian Grainge remuneration approved by Universal Music Group shareholders at AGMUniversal Music Group has published the results of its 2024 Annual General Meeting
News US House passes ‘TICKET Act’ requiring all-in pricing for major live eventsThe bill would also ban "speculative ticketing" and the use of deceptive URLs to rip off ticket buyers
News Concord officially pulls out of Hipgnosis Songs Fund acquisition raceThe news was announced in a statement to the market on Thursday (May 16)
Analysis News Sony Music sends letters to 700 AI, music streaming companies declaring it’s ‘opting out’ of AI trainingThe letter also states that these companies may have already violated Sony's copyrights
News ATC Management acquires majority stake in Bring Me The Horizon management company Raw PowerATC Management represents more than 60 artists, composers and producers, including Nick Cave, The Smile and PJ Harvey
News PMY Group taps Audoo for music royalty reporting at large eventsPMY says the move is meant to address the lack of transparent reporting that has resulted in “billions of dollars annually” in unclaimed music royalties
News Seeker Music and MITH Media team up to expand in US and Latin Music marketThe first two signings under the partnership are with songwriter K. Sotomayor and singer-songwriter Dēlian
News Epidemic Sound considers IPO by 2025 (report)The company, which provides royalty-free sound and music to creators, was valued at $1.4 billion in 2021
News Google unveils ‘Music AI Sandbox’ with the help of Wyclef Jean, Justin Tranter and Marc RebilletWith these tools, "you’re able to move at light speed with your creativity," says Wyclef
News Sun Label Group launches under parent company Primary Wave Music, bringing together Sun Records, Gaither Music, Green Hill Music, Rural Rhythm and emeraldwavePaul Sizelove will oversee Sun Label Group as President
News Spotify fires back at music publishers’ legal threat over alleged lyrics infringement, calling it ‘false and misleading’NMPA letter to Spotify included various allegations, one of which was that the music streaming service is hosting unlicensed lyrics on its platform