Analysis News The train has left the station: AI music platform Udio is already spitting out 10 songs a SECOND You might remember Udio: That’s the US-headquartered company co-created by ex-employees of Google’s DeepMind AI division
Analysis News With another CEO set to exit, more layoffs and shuttered offices, what’s going on at Proper, the company formerly known as Utopia Music? Proper Group says it's poised for growth and expansion, but less than a month ago, it was asking shareholders for a cash infusion
Analysis News From Downtown’s $500m credit agreement to Concord’s Hipgnosis bidding war exit… it’s MBW’s Weekly Round-Up The five biggest stories to hit our headlines over the past seven days…
Analysis Blog Why fighting to get artists paid for radio plays is so critical The following op/ed comes from Michael Huppe, President and CEO of SoundExchange
Analysis News Robert Kyncl talks Believe, M&A, India, superfans and more on WMG’s latest earnings call WMG says it's the only one of the major to grow market share in India and Sub-Saharan Africa last year
Analysis News Downtown secures $500m credit agreement from Bank of America for indie artist advances “Downtown is at the center of a major shift in the music industry," said Downtown Music CEO Pieter van Rijn
Analysis News Warner Music Group generated $1.49bn in calendar Q1; subscription streaming revenues rose 13.5% YoY Warner Music Group has issued its financial results for the three months ended March 31, 2024
Analysis News Tencent Music’s AI-powered tech can ‘predict the next hit song,’ and 5 other things we learned from its latest annual report TME is also facing 695 copyright infringement lawsuits, and it's negotiating a 10% stake in an 'overseas entertainment company'
Analysis News Universal Music Group sees a future where 1 in 5 streamers pays for a ‘super-premium’ tier (and 3 other things we learned from UMG’s Q1 earnings call) MBW listened into UMG's Q1 earnings call. Here are a few things that stood out...
Analysis Blog ‘The integration of AI into the music industry heralds a symphony of transformative possibilities.’ The following op/ed comes from Daouda Leonard, manager of Grimes and founder of Los Angeles-based AI development studio CreateSafe
Analysis News Live Nation says forcing it to sell Ticketmaster would not be ‘legally permissible,’ and 3 other things we learned on the company’s latest earnings call Live Nation's businesses would do very well as standalone companies, CEO Michael Rapino says, but that's not the strategy
Analysis News From Universal’s TikTok deal to Blackstone’s bid for Hipgnosis Songs Fund… it’s MBW’s Weekly Round-Up The five biggest stories to hit our headlines over the past seven days…
Analysis News Live Nation revenue reached $3.8bn last quarter; attendance grew 21% to 23m fans in Q1 The concert giant's latest financial results were published on Thursday (May 2)
Analysis News Universal Music Group generated $2.8 billion in Q1 – up 7.9% YoY UMG, which trades on the Euronext stock exchange in Amsterdam, has published its Q1 results (for the three months to end of March)
Analysis News Universal Music and TikTok strike new licensing deal – including ‘improved remuneration’ for UMG artists and songwriters The announcement brings to an end a long-running licensing dispute between the two companies.