News BMG acquires recorded music catalog of iconic French pop singer and composer, Alain Chamfort The music company expects to spend $400 million on music rights acquisitions in 2023.
Analysis News The number of Latin music listeners on Spotify worldwide soared 986% from 2014 to 2023 Spotify reports steady double-digit growth in demand for Latin music over the past decade
News Luminate sticks to its guns over change in reporting that will impact physical music sales on Billboard charts Luminate is planning to retire its weighted modeling system of measuring physical album sales by the end of the year.
News BMG acquires further stake in ‘99 Luftballons’ by German band Nena BMG has acquired singer Nena’s US recording copyright and ROW artist royalties, in addition to three band members’ artist shares
News The Orchard signs global distribution deal with Peso Pluma’s Double P Records The deal expands The Orchard's involvement with Latin music, following its partnership with Rimas Entertainment in 2021
News Defunct Gimme Radio sells e-commerce assets to Mainfactor, hints at relaunch of streaming service The sale comes 10 months after Gimme Radio announced it was shutting its streaming service
News Warner’s ADA Worldwide strikes global distribution deal with historical music label Omnivore Omnivore specializes in historical releases and reissues, as well as previously unreleased vintage recordings.
News Armada’s $100m BEAT Music Fund strikes series of rights deals in the UK, including the entire catalog of Sola Records The fund has set as its goal $500 million in music investments, including $100 million in its first two years.
News Universal Music Greater China appoints former Warner exec Ming Lu as VP of Artist Development and Entertainment Strategy Ming Lu signed and developed a number of successful hip-hop acts at Warner Music
News Sony, Warner hit US internet provider Altice with $1.6bn lawsuit over alleged music piracy on its network Altice "routinely thumbed its nose" at music rights holders by failing to take action on piracy, Sony and Warner allege
News Lil Durk sued by fintech startup for $12m over alleged ‘fraud’ Exceed Talent Capital says Lil Durk sold them the rights to one of his songs, despite another party owning those rights
News Swiss licensing body SUISA Digital sues Elon Musk’s X for ‘refusing’ to license music The digital music licensing group says it has tried and failed to get Twitter International to talk to them
Analysis News NMPA: Generative AI is ‘the greatest risk to the human creative class that has ever existed’ Everything we learned from the National Music Publishers Association's US Copyright Office submission
News Europe’s artists and labels could lose $137m annually to US recorded music rightsholders if EU law isn’t changed, trade groups warn A “devastating” transfer of over €125 million every year out of Europe and into the US “is on the horizon"
News Warner’s ADA to distribute select artists’ music from generative AI platform Boomy in ‘first-of-its-kind deal’ Under the deal, ADA will distribute some Boomy artists across platforms including Spotify, TikTok and Apple Music