Analysis News From Anghami’s 200,000 AI-generated songs to the latest copyright infringement lawsuit against a US ISP… it’s MBW’s Weekly Round-Up Our biggest stories of the week, brought to you in association with Centtrip
News Music companies hit internet service operator Altice USA with $1bn copyright infringement lawsuit Altice, which owns the Optimum broadband brand, has become the latest US IP to be hit with a copyright infringement lawsuit
News UK music licensing company PPL pays out $52.5m in Q4 distribution Collections were for the use of recorded music in the UK and internationally
News Beau Benton appointed Senior Vice President, Media and Operations at Republic Records Benton joined Republic Records in 2014 as Vice President of Media
Analysis News Another music streaming service is making its own AI-generated songs – and it’s on course to create over 200,000 of them. MENA-focused Anghami claims that it will soon become the first platform to host over 200k songs generated by AI.
News Podcast company Audio Up raises nearly $10m, with plans to invest funds into music side of its business Company has raised $20m to date
News Beyoncé named biggest artist-songwriter in Q3 2022, on the NMPA Gold & Platinum Program (based on RIAA certifications) Beyoncé was the top artist-songwriter overall with 60 certifications
News Kate Loesch named Senior Director of Creative at Kobalt Loesch is tasked with signing artists and writers as well as working with the global Kobalt creative roster
Interviews News Karol G was Vevo’s most-viewed artist globally for the second consecutive year in 2022, with 2.76bn views 'Latin music continues to be a global sensation,' says Vevo
Interviews ‘The vinyl business is only going to grow. At the moment it’s where MP3 players were in the ‘90s.’ In this interview, we speak to Steve Rhodes, Co-founder and CEO of UK-based 'vinyl-on-demand' startup, elasticStage
News Rachel Chernoff appointed SVP of Data Science and Analytics at Sony Music Entertainment Chernoff leads a newly combined team in New York
News Rhea Ghosh promoted to Chief Marketing Officer at copyright protection platform Cosynd Prior to Cosynd, exec was Global Head of Marketing at Downtown Music Publishing
News Keith Urban sells recordings catalog to $500m-backed Litmus Music Deal represents the first since Litmus’ founding earlier this year
Analysis News DaBaby and Roddy Ricch sued for alleged copyright infringement over their 2020 megahit, Rockstar Rockstar by DaBaby (feat. Roddy Ricch) has been streamed over 1.47 billion times on Spotify alone
Analysis News Music now has over 616 million paying streaming subscribers globally Research firm estimates that Tencent Music Entertainment (TME) overtook Amazon Music to become the third largest DSP globally at the end of 2021