Warner Music Group In The News

From Block’s HIFI acquisition to Warner’s buyout of E-Positive in India… it’s MBW’s Weekly Round-Up

The five biggest stories to hit our headlines over the past seven days

Major record companies issue statements condemning terrorist attacks in Israel

Major recording companies and the Recording Academy condemn the atrocious attacks by the Palestinian militant group Hamas in Israel over the weekend

Analysis

Major record companies hate AI voice-cloning platforms that don’t pay. The one they hate most was created by a 20-year-old UK student.

How the RIAA is tuning its legal attention towards a 20-year-old UK student who is making "quite a lot" of money from his AI site

News

Superfan platform Fave raises $2m in strategic funding from Warner Music, Sony Music and more

Company says that it expects the ongoing funding round to reach $6 million

News

Music AI startup Hook raises $3m in seed round led by Point72 Ventures, Edgar Bronfman Jr.’s Waverley Capital and joined by Three Six Zero and Avex

Company says it uses artificial intelligence "to empower anyone to remix and remake their favorite songs".

News

HIFI acquired by TIDAL parent Block

Besides TIDAL, and now HIFI, Block also owns Cash App, a person-to-person payments app, the buy-now-pay-later platform Afterpay and web hosting service Weebly.

Interviews

‘We’ve got our sights set on catching up to the majors in five to 10 years.’

Believe UK Managing Director Alex Kennedy discusses the company’s success, philosophy and potential, its signing strategy, acquisition plans and hit ratios…

Analysis News

The Spotify Top 20 is a snapshot of a much bigger story about independents, majors, and artist ownership

From Drake to Taylor Swift, KAROL G, and Bad Bunny – different types of 'independent artist' are operating at the top of the modern global business