News AI-powered music platform Aimi raises $20m in Series B funding round Platform uses Artificial Intelligence to play an 'endless' stream of music created by DJs and producers
News From Elton John not selling his catalog to TIDAL’s user-centric payments – It’s MBW’s Weekly Round-Up The music industry's biggest few stories from the past week, and why they matter
News ABBA’s first new studio album in 40 years sold in excess of 1m combined album units globally in its first week Voyage also debuted at No.1 on album charts in 18 countries
News Quincy Jones-backed platform OneOf to auction unreleased Whitney Houston recording as an NFT OneOf raised $63m in a seed round in May from prominent tech and music industry veterans
News Exceleration Music acquires rights to Justin Townes Earle recordings Exceleration says that the deal with the estate extends beyond the term of his licensing agreement with Chicago-based Bloodshot Records
News Primary Wave strikes $30m deal to buy catalog of TOTO drummer Jeff Porcaro Deal includes music publishing catalog and master royalties
News Reservoir acquires hit songs by platinum-selling songwriter and producer Dallas Austin Catalog spans several decades and includes hit songs such as Boyz II Men’s Motownphilly
News Spotify launches real-time lyrics for all Free and Premium users globally Feature has been launched in partnership with Lyrics provider Musixmatch
News TikTok strikes multi-year music licensing deal with and APRA AMCOS Deal will also account for TikTok’s past use of musical works, including the service Musical.ly
News Ryan Press promoted to President, North America at Warner Chappell Music He will have a focus on the US and Canada and will continue to report to WCM Co-Chairs, CEO Guy Moot and COO Carianne Marshall
News TIDAL to launch user-centric royalties system and direct-to-artist payments TIDAL makes raft of announcements around membership tiers and artist payments
Interviews ‘The music industry can feel like playing the lottery for musicians. But those building communities on Twitch are getting rewarded.’ Twitch's Tracy Chan answers MBW's questions
News CTM Outlander buys music rights from Grammy-winning songwriter Natalie Hemby Catalog consists of 189 released songs
News TuneCore launches service for DIY artists to distribute music to social platforms like TikTok and Instagram Company has introduced a new service for artists to distribute music directly into music libraries of social media platforms
News Spotify acquires Findaway to ‘revolutionize the audiobook space’ Findaway will continue to be led by Founder & CEO Mitch Kroll