News UK government faces second House of Lords defeat over AI copyright rules The latest vote came shortly after more than 400 artists, creative industries workers and executives called on the UK to mandate transparency in AI training
News SoundCloud addresses AI clause in terms of service, says it ‘has never used artist content to train AI models’ Fairly Trained founder Ed Newton-Rex spotted the update, which went largely unnoticed since it was rolled out in February 2024
News Concord acquires Broadway Licensing Global, expanding theater footprint The deal folds BLG’s imprints — Broadway Licensing, Dramatists Play Service, Playscripts, and Stage Rights — into Concord Theatricals
News Range Music launches composer division, with industry veteran Jeff Jernigan named as first hire Jeff Jernigan’s client roster includes composers Steven Price, Tom Howe, and Raffertie, among others
News Alex Stolls elevated to Partner at music and entertainment law firm Boyarski Fritz Alex Stolls represents clients including Will Smith, Lil Kim, BLACKPINK’s JISOO, and the estate of Earth Wind & Fire’s Maurice White
News Suno upgrades AI music generator with enhanced vocal capabilities, extended track length The v4.5 update allows users to create mashups combining different genre styles, and extends maximum song lengths to 8 minutes from 4 minutes
News Early Spotify investor TCV offloads nearly $190m worth of shares TCV is part of a consortium that plans to acquire the remaining shares of digital music company Believe from public shareholders
News Samsung’s Harman expands audio empire with $350M Masimo deal The deal will see Harman acquiring several audio brands including Bowers & Wilkins, Denon and Marantz
News SM Entertainment revenues up 5% to $166m in Q1 2025 on music, concert growth The South Korean entertainment giant attributed its revenue growth to increased music and concert turnover
News Daniel Ek has now cashed out $800m+ in Spotify stock, with his latest transaction banking $28.8m Ek offloaded 50,000 shares on Wednesday at $576.94 per share, according to an SEC filing
News Create Music Group acquires again, swooping for indie electronic label Monstercat Create plans to invest additional $50m over the next two years in artist development, artist advances, and platform support across Monstercat’s roster
News Sara Nix and Joe Mortimer named Co-Heads of Creative at Capitol Music Group Nix joins Capitol after six years as Executive Producer at Partizan, while Mortimer previously served as Creative Director at Astralwerks
News YouTube is testing a Spotify Duo-like subscription tier in India, France, Taiwan and Hong Kong (report) The video giant is reportedly testing a new “two-person” subscription tier targeting couples, roommates, or any two individuals in a household
News Trump signals willingness to extend TikTok ban deadline again US President signals ban extension during NBC interview
News Apple approves Spotify’s app update in the US after Epic Games court ruling The development follows a court ruling that found Apple violated a 2021 injunction that banned it from imposing anticompetitive pricing