Analysis News Tencent Music’s independent artist platform reached 390,000 musicians at the end of 2022, adding 40,000 in Q4 alone Tencent Music Entertainment has published its Annual Report for 2022
Analysis News Universal generated $2.6bn in Q1, as subscription streaming revenues jumped over 10% YoY Top sellers for the quarter included releases from King & Prince, Morgan Wallen and Taylor Swift
Analysis The music industry freaked out over ‘fake Drake’. But are these AI tracks just the latest take on remixing? Jessica Powell, CEO of stem music company Audioshake, offers a different perspective on the music biz story of the moment
Analysis Bill Ackman thinks there’s a lot of growth ahead for Universal Music Group. These analysts agree. Ahead of Universal's Q1 results tomorrow, a number of Wall Street watchers are reiterating their faith in music's biggest company
Analysis News Spotify confirms it’s working with labels to quell copyright threat from AI music Spotify is taking concerns about the impact of AI-generated music on entertainment rightsholders seriously, says Daniel Ek
Analysis Deezer is ‘supportive’ of helping labels battle deluge of AI music… while also making its own AI music for its ‘Zen by Deezer’ app Jeronimo Folgueira, CEO of France-based Deezer, discusses the music industry's biggest hot topic on call with analysts
Analysis News All three major music publishers gained market share in 2021 (report) Sony Music Publishing remained the market leader with a 24.9% share
Analysis News Utopia is asking its shareholders to help it raise over $90m, as it forecasts profitability by June 2024 Company launches new share options program to help its fund its near-term plans
Analysis Spotify needs to woo the boomers if it wants to keep growing in the US market A recent Edison Research report broke down why there may be a big opportunity for Daniel Ek's company amongst the 55-plus crowd in the States
Analysis The algorithm is your new boss More so in music than any business, a dollar is worth more when it’s made than when it’s paid, says Will Page
Analysis Music-generating AI: Official art? Or artificial? Nick Eziefula, partner at Simkins, on the legal questions for the music biz raised by 'fake Drake' et al
Analysis News From the ‘fake Drake’ AI track to BMG integrating frontline and catalog… it’s MBW’s Weekly Round-Up The biggest stories on MBW from the past seven days
Analysis Does YouTube owe Bad Bunny an explanation – or a bigger check? Bill Werde juxtaposes record numbers for Latin music in the US with YouTube's historical payouts to music rightsholders
Analysis News Meta launches latest round of layoffs, as company’s market cap value rebounds Round of layoffs announced in March began on Tuesday (April 18), according to reports
Analysis News Netflix is launching a password-sharing crackdown in the next few weeks in the US. Could Spotify follow? Netflix first announced its intention to start charging its users to share passwords around a year ago