Analysis News From the United States vs. TikTok to Sony pulling its catalog from Boomplay… it’s MBW’s Weekly Round-Up The biggest stories from the past week – all in one place…
News US government asks court to reject TikTok’s motion to delay law that could see its app banned in the market TikTok and parent company ByteDance filed an emergency motion asking for a temporary injunction to delay the law
News After Spotify’s $100bn market cap milestone, Daniel Ek cashes out another $28m Spotify's co-founder and CEO has sold $248.3 million-worth of company stock so far this year
News Antonious Porch, SoundCloud’s General Counsel and Chief Diversity Officer to exit; Ama Walton promoted to EVP & General Counsel Porch to join magazine publisher Condé Nast as its new General Counsel in February
News Universal, Warner team up with Realize Music for wellness-through-singing VR app The 'Realize Music: Sing' VR app aims to use singing as a therapeutic tool, with music from UMG and WMG
News Musi was kicked off the App store over copyright infringement allegations, now it’s accusing Apple of a ‘backchannel scheme’ to remove it Apple cited complaints from IFPI, NMPA and Sony Music in defending its decision to remove Musi from its App Store
News Universal Music Group inks strategic partnership with advertising giant WPP Partnership to focus on audience engagement strategies plus 'ways that AI can better help brands and artists connect'
News $1bn-valued Create Music Group acquires 50% stake in UK label and publisher Enhanced CMG's investment comes after closing a $165 million investment round earlier this year
News After Bob Dylan Blowin’ In The Wind recording sold for $1.7m, T Bone Burnett partners with Julien’s to auction off other ‘Ionic Original’ masters Ionic records are a new, "superior" technology that can be played on existing vinyl playback equipment
News Music AI partners with Audible Magic to create music-swapping tool for TV, video and film Users will be able to break down video soundtracks into individual components like dialogue, background noise, and music
News Warner Music Japan, NBCUniversal Japan team up on anime-related music Warner's ADA will begin distribution of NBCUJ's artists and catalog in early 2025
News Music and tech veterans Deborah Mannis-Gardner and Pär Almqvist launch AYO Music Group AYO is described as 'an active copyright administrator offering global administration of publishing, neighboring rights, and recordings'
News Becky G’s ‘POR EL CONTRARIO’ is Vevo’s most watched music video in 2024 with 313m global views “This year’s rankings reflect the continuing globalization of music, and 2024 was a year of firsts for genres like Country, Hip-Hop and Regional Mexican..."
News Mark Robinson joins Virgin Music Group as Executive Vice President, Global Business and Legal Affairs Robinson joins Virgin Music Group from Paramount Global
News Downtown confirms layoffs at CD Baby amid restructuring The company says it's "re-allocating resources towards long-term growth opportunities"