News UK collection org PPL reports all-time record revenue for 2023, at $352m Revenues at the UK collective management organization have now surpassed pre-pandemic highs
News New AI-powered ‘instant’ music-making app Udio raises $10m; launches with backing from will.i.am, Common, UnitedMasters, a16z Udio, developed by former researchers at Google DeepMind, says it can create a mastered track from user prompts in less than 40 seconds
News UK politicians call for changes in streaming royalty split between recorded music and publishing; compensation for use of materials in training AI The recommendations have received a mixed reaction from music industry stakeholders
News Superfan app EVEN launches with 10,000 artists onboarded; in-app sales to count towards Billboard charts The new platform launches into an increasingly crowded field of startups looking to capitalize on music superfans
News New US bill could make developers disclose their use of copyrighted music to train generative AI models All uses of copyrighted materials would have to be registered with the Register of Copyrights under the proposed Generative AI Copyright Disclosure Act
News Canada an unsung heavyweight of global music, but new Canadian content law could backfire: report Canadian artists rank third behind only US and UK artists in their share of the world’s top 1,000 singles, a new report says
News Mary J. Blige’s ‘Real Love’ subject of copyright infringement lawsuit filed against UMPG A new lawsuit alleges the composition of Mary J. Blige's 'Real Love' uses a sample from The Honey Drippers without permission
News Spotify leans further into artificial intelligence with new ‘AI Playlist’ generator, which turns text prompts into personalized song suggestions Spotify's Daniel Ek has said AI holds out the promise of improving the user experience and the company's efficiency
News TikTok named official entertainment partner of Eurovision song contest for 3rd year running Last year's Eurovision winners saw a massive increase in popularity on TikTok following the contest
Analysis News From KISS’s $300m deal to Warner’s deadline for a bid on Believe… it’s MBW’s Weekly Round-Up The five biggest stories to hit our headlines over the past seven days…
News IMPALA sides with UMG in TikTok dispute, calls on Spotify, Apple, Deezer to address ‘negative consequences’ of royalty changes Europe’s trade association for indie labels says there is “an urgent need to secure fair revenues” from services like TikTok
News Christian Luiga, veteran of defense firm Saab, named new CFO of Spotify Luiga will start his new gig at Spotify in October, the company said in a statement Thursday
News Spotify to hike prices again, introduce new subscription tier (report) The streaming service is also reportedly planning a new "basic" that doesn't include access to audiobooks as part of the monthly subscription cost
Analysis News Tencent Music users are ‘willing to pay’ for music produced with the company’s AI tools… and 3 other things we learned on TME’s latest earnings call Key takeaways from Tencent Music Entertainment's latest earnings call
Analysis News From the ‘secret’ composer behind 650 fake artists to BandLab’s 100m users… it’s MBW’s Weekly Round-Up This week's biggest stories...