News SM Entertainment injects another $4M into SM Friends subsidiary, a.k.a. Kreation Music (report) The latest funding round follows a larger KRW 15 billion investment made into SM Friends in 2023
News BMI launches ‘Spark’ program offering tools and resources to music creators The initiative, available to its affiliated songwriters, composers, and producers, aims to support artists at every career stage, BMI says
News George Clinton sues former business partner for allegedly withholding royalties and other claims The funk music legend’s lawsuit describes former business partner Armen Boladian as a “copyright troll”
News Metallica’s Mexico concert is coming to Apple’s Vision Pro headset Apple deployed 14 Immersive Video cameras to capture Metallica’s Mexico City concert
News OpenPlay launches music distribution and monetization service led by industry veteran Bob Barbiere Barbiere brings extensive experience in music tech and rights management from executive roles at Dubset Media Holdings and Pex
News AEG Presents promotes seven execs to SVP roles in Global Partnerships division Andrew Bersch, Holli Branam, Bret Heiman, Alex McArthur, Samantha Fernandez, Brianne Grimley and Eric Kohler are now SVPs
News Elizabeth Rodda promoted to President of US Latin, Latin America and Global Society Relations at peermusic The Miami-based executive will now oversee the company’s Latin initiatives and new signings across the US and Puerto Rico.
News Sarah Silverman’s Meta copyright lawsuit advances as judge allows authors’ DMCA claims Three authors including Silverman accused Meta of copying their copyrighted materials to train the company’s large language model LLaMA
News Sony Music reveals 75,000 AI deepfake takedowns, slams UK’s ‘rushed’ copyright plans The music giant described the proposed copyright reforms in the UK as a threat to an industry that contributes £7.6 billion annually to the UK economy
News HYBE says it poured $14.4M into NewJeans, claims each member received $3.4M in settlement NewJeans realleged that HYBE and ADOR “continuously sidelined” them and sought to replace them with another group
News Manning Doherty to exit board of Universal Music Group Doherty has served on Universal’s board since the company’s public listing on Euronext Amsterdam in 2021
News After emerging from bankruptcy, Audacy lays off up to 300 staff (reports) Audacy has significantly reduces its debt and is now focused on 'streamlining resources to stay competitive'
News Daniel Ek bags another $29m from Spotify share sale, cashing out close to $700m since 2023 The Spotify CEO has sold $695.3 million of company stock since July 2023, regulatory filings show
News Asia-focused fund blackx partners with Japan’s ASOBISYSTEM to expand J-pop globally Investment firm blackx partners with Japanese talent management company
News LyricFind sues Musixmatch over alleged antitrust violations Musixmatch has called the accusations "meritless"