News Ninja Tune partners with Reactional Music to tap $125.7B in-game economy Music currently accounts for less than 0.01% of in-game spending, but Reactional aims to change that
News Tencent Music now generates over $2bn from music streaming subscriptions annually Tencent Music says it now offers 260 million licensed and co-created tracks on its platform, significantly more than Spotify’s “over 100 million”
News Oracle in advanced talks with White House to operate TikTok US (Report) Vice President JD Vance and National Security Adviser Mike Waltz are reportedly leading the talks on behalf of President Donald Trump
News Round Hill, with $900m music portfolio, seeks ‘strategic capital markets opportunities’ as it hires CFO and Chief Capital Officer The company says the newly created positions will bolster its executive team amid the continuing expansion of the music rights market
News Jeremy Zimmer to step down as CEO of UTA; David Kramer named as successor Zimmer to step down after 13 years in the role
News ARK launches to protect music IP in the age of AI, with investment from BMI and Claritas Capital The platform uses blockchain technology and biometric verification to help artists, writers, musicians, and other creatives secure their work in the digital age
News Judge rejects Live Nation’s bid to dismiss parts of DOJ antitrust lawsuit Federal Judge Arun Subramanian upheld US states’ standing to seek damages on behalf of consumers.
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