News Mercury Records promotes Tyler Arnold to Chairman/CEO and Ben Adelson to President/COO Tyler Arnold signed Post Malone while working as an intern at Republic, while Ben Adelson signed Noah Kahan, James Bay and Stephen Sanchez
News Saudi Arabia’s MDLBEAST unveils ‘A Thousand And One’ festival concept featuring electronic music, immersive storytelling The creator of the XP Music Futures conference will host the new festival concept in April in Riyadh.
News AI unicorn Anthropic raises another $3.5bn, boosting valuation to $61.5bn The Series E round was led by Lightspeed Venture Partners, also an investor in Stability AI and AI music generator Suno
News SM Entertainment to train aspiring K-pop stars in Singapore — for a $10,000 fee The program will include a week-long training stint at SM Universe’s main campus in Seoul
News Reddit Co-Founder Alexis Ohanian joins Frank McCourt’s ‘People’s Bid’ to buy TikTok "I've spent my entire career building tech that puts power back in people's hands - that's what got me excited about The People's Bid"
News Adam Holt to retire as MD of Universal Music New Zealand; Myra Hemara and Matt Kidd promoted to Co-MDs Holt has spent a total of 34 years with the company
News Snoop Dogg says he’s ditching Spotify for Web3 platform Tune.FM The rapper recently criticized Spotify, claiming he received less than $45,000 for over one billion streams on the platform
News Notorious B.I.G. estate nears $100m+ music rights deal with Primary Wave (report) The transaction could cover 50% of both publishing and master rights to the late rapper’s work
News Warner Music Africa Francophone hosts songwriting camp in Abidjan The camp took place months after Warner Music launched WM Africa Francophone, operating in France and French-speaking Sub-Saharan Africa
News Sony Music Publishing Japan launches NFTs for soon-to-disband J-pop group Sandal Telephone Sony also disclosed plans for NFT distributions through Sony Pictures Entertainment Japan and Sony Music Entertainment France
News AI music remix app Hook expands distribution network with Too Lost partnership Hook has released more than 7 million songs, with about 150,000 new releases per month from 300,000 artists
News Artist marketing platform un:hurd music attracts fresh investment from EMPIRE The investment takes place alongside un:hurd’s ongoing funding round, in which Trapital Ventures and Mindset Ventures MusicTech have also participated
News HYBE partners with South Korean police to combat deepfake crimes against K-Pop artists Deal includes expedited investigation processes and the establishment of a reporting hotline in South Korea
News Arden Records launches publishing division to support lo-fi artists Company was founded by Nepalese artist sagun in 2021
News West One Music Group adds trailer music production library Q-Factory to its portfolio of labels The Q-Factory music library has featured in marketing campaigns for films like Wicked and Deadpool & Wolverine; and in TV series like Amazon Prime’s The Rings of Power