News Spotify asks court to dismiss MLC lawsuit over cutting pay rate to songwriters via premium bundles In a new court filing, Spotify calls much of The MLC's case against it "irrelevant" to the legal dispute at hand
News Beggars Group is now a £100m+ annual revenue company Nevertheless, the record company has seen its operating profit slide amid rising costs
News ‘Premium experience platform’ Seat Unique raises $19m in extended funding round Seat Unique is currently offering VIP tickets and hospitality packages for Billie Eilish, Taylor Swift, and the recently reunited Oasis
News Italy’s paid music streaming subscription revenues jump 23% as local acts completely dominate charts With Italy lagging Western countries in paid music subscribers, strong growth is expected to continue
News XL Recordings posted a $12.8m profit last year… despite only releasing 8 new albums XL's small but heavy-hitting catalog has made it an impressively profitable record company
News Downtown partners with Hook, an AI app backed by Edgar Bronfman Jr’s Waverley Capital The deal “could serve as a blueprint for how AI companies can successfully work with music rights holders"
News TIDAL launches tool for US songwriters to claim and manage their work Songwriters will be able to organize their IPI, PRO and publisher information in one place
Analysis News From Hipgnosis’ next phase to TikTok’s indie takeover… it’s MBW’s Weekly Round-Up The biggest stories from the past week – all in one place…
News Riot Games partners with Virgin Music for ‘Arcane’ season 2 OST Arcane's season one soundtrack proved to be a major commercial and critical success
News Primary Wave acquires publishing and other rights to entire catalog of ‘Feels So Good’ composer Chuck Mangione Mangione's five-plus decade career in music yielded more than 30 albums and two Grammy wins
News NetEase Cloud Music profit soars as revenue from streaming subscriptions jumps 25.5% YoY China's second-largest music streaming company more than doubled its net profit year on year
News Anthropic asks court to ‘prune’ Universal lawsuit to focus legal battle on ‘whether it is fair use’ to train AI using copyrighted works Anthropic describes many of the claims against it as "implausible and supported by threadbare and conclusory allegations"
News Ten additional US states join DOJ antitrust lawsuit looking to break up Live Nation and Ticketmaster A total of 39 states and the District of Columbia are now asking a court to force the break-up of Live Nation and Ticketmaster
Analysis News From Universal’s Meta deal to a new AI-powered music streaming service… it’s MBW’s Weekly Round-Up The biggest stories from the past week – all in one place…
News Cox Communications takes copyright infringement battle with record labels to US Supreme Court A long-running legal battle between Cox and record companies could end up being decided at the US's top court