News With latest price increase, Netflix’s Standard subscription now costs $72 more per year than Spotify Premium in the US There once was a time when a Netflix subscription actually cost less than Spotify
News Sony Music Publishing launches in Thailand, with Tatchara Longprasert named General Manager for the market Tatchara Longprasert previously held roles at Warner Music Thailand and SM Entertainment
News ByteDance eyes $12B AI chip investment this year amid TikTok uncertainty (report) As TikTok faces uncertainty and mounting pressure in the US, its parent company ByteDance plans an ambitious $12 billion investment in artificial intelligence
News Sonos takeover speculation grows, with Spotify or Amazon tipped as potential suitors (report) Though Apple, Google, and Meta are potential buyers, they are unlikely candidates due to their existing strategies, a new report says
News Trump signs executive order delaying TikTok ban, as China appears to soften stance on selling app China’s government owns a 1% stake – a so-called ‘golden share‘ – in TikTok’s parent company, ByteDance
News FireAid benefit concert expands lineup with Oliva Rodrigo, Peso Pluma, Alanis Morissette, Anderson .Paak and more The benefit concert aims to raise funds for communities impacted by the Southern California wildfires
News Live Nation and Crew Nation pledge $1M for Los Angeles wildfire relief The initiative offers grants of up to $5,000 for musicians, live music crew, and live music industry workers affected by the fires
News After brief shutdown, TikTok restores service in the US as Trump offers ‘assurance’ over divest-or-ban law TikTok is back online in America.
News Vimeo wins appeal in long-running copyright dispute with record labels An appeals court has upheld a lower court's ruling that Vimeo is protected under the Digital Millennium Copyright Act
News Caldecott Music appoints David Nam Le as MD of Vista Musical Instruments and Jon Bahr as Senior Advisor at BandLab Technologies The appointments "underscore Caldecott Music Group’s commitment to our mission of empowering our community of artists, creators, and fans"
News Universal Music Group set to list on US exchange; Pershing Square to sell $500m in UMG stock to make it happen The deal requires Pershing to sell at least $500 million worth of its UMG holdings as part of the listing process.
News While Grammys show goes on, BMG, Downtown, NMPA/Billboard, Friends ’N’ Family and others join in canceling events The California wildfires have caused a significant disruption to what is one of the music industry's most important networking and celebration weeks
News Grand Ole Opry owner expands into music festivals with majority stake in Southern Entertainment Founded in 2015, Southern Entertainment has produced more than 500 music events
News Deezer partners with Sacem to adopt artist-centric payment model for publishing rights in France The France-headquartered streaming service began rolling artist-centric payments for recorded music in 2023
News Drake drops legal action against Universal Music and Spotify over Kendrick Lamar’s ‘Not Like Us’ Drake has officially withdrawn his legal petition