Analysis News What Universal Music Group really thinks about generative AI and copyright law… MBW has digested UMG's revelatory 99-page submission to the US Copyright Office on generative AI. Here's what we've discovered.
Analysis The modern record industry is moving into its ‘cut to grow’ phase. On layoffs at Warner Music Group and BMG, and an upcoming cost savings program at Universal Music Group
Analysis News From superstar artist voice clones on YouTube Shorts to HYBE’s expansion into Latin Music… it’s MBW’s Weekly Round-Up The five biggest stories to hit our headlines over the past seven days.
Analysis WMG’s Robert Kyncl expects more artist-centric streaming deals, and 2 other things we learned on the company’s latest earnings call Warner Music Group's CEO weighed in on YouTube's new AI tool that clones superstars' voices, and said he's talking to politicians about AI regulation.
Analysis News Warner Music Group FY revenues top $6bn for first time; company’s recorded music streaming up 8.9% YoY in calendar Q3 Warner Music Group has posted its fiscal Q4 (calendar Q3) and FY financial results ending September 30, 2023
Analysis Why I just resigned from my job in generative AI. Ed Newton-Rex has quit his role at Stability AI. In an exclusive op-ed, he shares why.
Analysis Live Nation’s Michael Rapino lays out the argument for why concerts – not streaming – are the future of the music biz Rapino spoke at length at Liberty Media's investor conference in New York last week, breaking down the economics of his company's field
Analysis Believe has developed software that detects AI-made music with 98% accuracy. What might this mean for the future? Believe's "AI Radar" could help the streamer and music distributor establish itself as a "responsible" user of AI technology.
Analysis News Sony generated $2.33bn from recorded music and publishing in calendar Q3, up 8.3% YoY Travis Scott's Utopia was Sony Music's biggest revenue-generating project globally in calendar Q3
Analysis News Reservoir Media’s revenues grew 15% YoY to $38.4m in calendar Q3 Reservoir Media raises guidance after 15% surge in revenue
Analysis News Taylor Swift’s 1989 (Taylor’s Version) attracted 1,329% more streams than the original version of 1989 in the US last week What impact will 1989 (Taylor's Version) have on the weekly streams of the original version of the album in future weeks?
Analysis News Confirmed: From next year, tracks on Spotify will have to be played 1,000 times before they start earning money Sources close to Spotify's conversations with rightsholders confirm more information about the service's new royalty model
Analysis News From HYBE’s $400m+ in Q3 to Kobalt’s partnership with Morgan Stanley… it’s MBW’s Weekly Round-Up The five biggest stories to hit our headlines over the past seven days
Analysis News Live Nation has already sold 140m tickets to its shows this year – 19m more than in the whole of 2022 Concert promoter posted revenues of $8.2bn across all of its divisions in Q3, up 32% YoY
Analysis Talking ‘garbage’: How can Spotify and co sort the dregs of the music business from the hidden treasures? On Sir Lucian Grainge's bluntness, Believe's rebellion, and why a careful balance is required to find a true 'artist-centric' formula