News From Universal clamping down on AI copycats to Latin music’s $1bn in the US… it’s MBW’s Weekly Round-Up The biggest stories on MBW from the past seven days
News Top sports agent Rich Paul joins Live Nation Board of Directors Exec is founder and CEO of sports agency KLUTCH Sports Group, and Head of Sports at UTA
Interviews How independent South African music company The T Effect plans to ‘create a new wave of African Global Superstars’ The T Effect's co-founders Tshiamo Letshwene and Nhlanhla ‘Nivo’ Ndimande tell us about the company's global ambitions
News As Universal clamps down on AI music copycats, China proposes new rules to restrict artificial intelligence development China's government has drawn up proposals to take the restriction of the development of generative Artificial Intelligence in the country into its own hands
News Personalized music for gaming company Reactional Music closes $2m Pre-Series A funding round Round was led by mobile music games publisher Amanotes and early-stage VC Butterfly Ventures
News Bad Bunny launches sports management agency, Rimas Sports, in partnership with manager Noah Assad Jonathan Miranda to serve as President of Rimas Sports
News Jen Ashworth promoted to Senior Vice President, Commercial Marketing and Streaming at Capitol Music Group Exec was previously Vice President of Global Commercial Marketing for CMG
News Primary Wave acquires stake in catalog of singer songwriter Russ Ballard Deal includes a stake in his music publishing catalog and writer’s share royalties, as well as his writer’s share of public performance
News Revelator expands into Japan via partnership with music tech agency PRTL Agency is headed by executive Taishi Fukuyama
Analysis News Sony Music and Ultra Records sue dance label over ‘unauthorized’ version of 2014 hit Dancin, which has over 200m streams on Spotify Suit was filed in Colorado on Monday (April 10)
News After raising $100m last month, Multimedia Music acquires catalog of Hollywood composer Trevor Morris in eight figure deal Company has deployed over $120m on acquisitions since launching 15 months ago
News UK-based AEI Music launches investment arm AEI Ventures AEI Ventures plans to invest a seven-figure sum over the next three years
News Cordae launches HI-LEVEL Publishing JV with PULSE Music Group Cordae to head up new company, HI-LEVEL Publishing
Analysis News Why did Universal ask YouTube to take down an AI-generated Eminem ‘cat-rap’ track? On this occasion, UMGs concern was with the music, rather than with the AI vocals, say MBW sources
News German collection society GEMA’s revenues rose 13% YoY to $1.24bn in 2022 Distributions to GEMA members to exceed the 1 billion Euro milestone for the first time