News Japan’s Avex sees music segment revenues grow 6.8% YoY to $810M in latest fiscal year, as firm’s overall revenues rise 11.3% YoY to $971M Live entertainment was the primary growth driver, supported by arena-scale touring activity and expanding international fan engagement.
News Suno sued by Poseidon Wave Media, an entity behind indie duo The American Dollar, claiming it ‘nearly eliminated’ their licensing revenue The duo alleges that Suno has reduced their licensing revenue by nearly 80% since the AI company launched its service.
News Three Six Zero launches sports management division in partnership with Florian Schroeder’s PRJCT:A Florian Schroeder brings a roster of athletes including Chelsea and England defender Reece James and Australia international Sam Kerr.
News After raising $5M, Adobe-backed Tamber officially launches its AI music-making platform The suite is powered by what Tamber calls “sonic intelligence” – a set of tools designed to work alongside artists.
News Warner Music Korea strikes strategic global partnership with indie label and management firm FeelGHood Music to represent Korean star BIBI BIBI has surpassed one billion streams in the past 12 months and has over 4 million monthly listeners on Spotify.
News Sphere Entertainment secures $1.7B investment from Abu Dhabi for first international venue The venue will built on a plot of land between Yas Mall and SeaWorld Abu Dhabi.
News HYBE India partners with Snapchat to power AR auditions for its girl group search Under the partnership, candidates can film and upload audition content through a dedicated 'Audition' Lens on Snapchat.
News Spotify scraps new ‘Premium Lite’ tier in India, Indonesia, Saudi Arabia, UAE, and South Africa – while slashing standard Premium prices The Premium Standard plan has been reduced in multiple markets
News Spotify raises Premium prices in Canada by up to CAD $3 per month The Student plan remains unchanged at CAD $6.39 per month, while other tiers saw changes of CAD $1.30 to CAD $3.00 per month.
News Warner Music forms cross-border artist development platform GLIIDE with Thailand’s GMM Music The platform's first signing is SVRN, a performance-driven artist whose music video for his debut single "WHY" was released on Thursday.
News TikTok now lets US users book hotels and attractions in-app with ‘TikTok GO’ TikTok has partnered with Booking.com, Expedia, Viator, Tiqets, Trip.com and GetYourGuide to launch TikTok GO.
News Netflix, AEG Presents team up to launch ‘KPop Demon Hunters’ global concert tour Amy Reinhard, Netflix’s president of ad sales, said the tour is planned for next year.
News Coca-Cola denies Johnny Cash ‘sound-alike’ claim, disputes infringement in estate lawsuit The company acknowledged that the ad contained “a male singing voice," but denied that it was a "sound-alike singer."
News After KATSEYE, HYBE and Geffen unveil second global girl group, SAINT SATINE Three former The Debut: Dream Academy contestants – EMILY, LEXIE, and SAMARA – had previously been confirmed as members of the group.
News UMG strikes partnerships with two mental health firms to expand support for artists and songwriters The company teamed up with Amber Health and Project Healthy Minds to expand services for its artists, songwriters and employees.