News Universal Music Group takes step closer to US listing, filing draft registration with SEC The Dutch music company said it will not receive any proceeds from the planned US IPO.
News IFPI applauds ‘landmark’ Brazil court ruling in streaming fraud case under ‘Operation Authentica’ initiative The IFPI said the ruling marks the first under Operation Authentica, an initiative targeting the streaming fraud industry.
News Blackstone exits consortium for TikTok deal as divest-or-ban deadline looms (report) Blackstone had reportedly been slated to take a minority stake in the platform’s US business alongside other consortium members.
News Orfium awarded EU grant to lead research project into copyright detection in AI-generated music The AIXPERT project will develop AI systems that can identify when and how AI-generated music incorporates elements from human-made works.
News Roblox partners with Netflix and Lionsgate on new creator licensing platform The licensing tool gives IP owners self-service options to register and create IP licenses, set terms and collect revenue shares automatically.
News The Chainsmokers’ Mantis Ventures investment firm raises $100m for third fund The new fund brings the Los Angeles-based firm's total assets under management to $225 million.
News AB InBev apologizes for ‘$0 spent on music rights’ ad boast after Budweiser Cannes Lions win The beer giant's claim that it had “$0 spent on music rights” prompted a backlash from the music industry
News Pentagon removes drone video after Metallica issues copyright strike A Metallica representative told Rolling Stone that the band had not authorized the use of their music.
News K-Pop group Big Ocean debuted a new single at the UN’s AI summit using HYBE’s Supertone voice cloning tech Supertone said it worked on enhancing the band's English pronunciation, while preserving their vocal tone and style.
News TikTok seeking Canada meeting amid looming shutdown (report) TikTok's Steve de Eyre told Bloomberg that the company is "still looking to get [a deal] to the table."
News Spotify could exit Turkey amid government probe over ‘provocative’ playlists (report) The company is considering all options including “pausing its operations in the market or exiting Turkey altogether," The Times (UK) reported, citing sources.
News This app from SM Entertainment founder Lee Soo-man’s new company A20 will let fans chat with AI versions of K-Pop artists The app features direct messaging with artists and AI-generated responses from virtual versions of the artists.
News TikTok to integrate Chordal’s sync licensing tech with its commercial music library Rightsholders will be able to use Chordal's InstantClear tech to opt into TikTok's Commercial Music Library.
News Live Nation proposes 20% ticket resale cap to Trump administration (report) Live Nation is also proposing expanding artist control of ticket resales and stricter enforcement of the BOTS Act from 2016.
News Savan Kotecha’s Visva Records forms JV with Republic Records after ‘Kpop Demon Hunters’ chart success Republic will distribute Visva's roster, as the latter aims to develop international artists.