Apple Music In The News

UMG is hiring for a Vice President, Global Head of Fraud Prevention

UMG job ad describes the position as a "critical role".

SoundCloud ‘fixes’ AI policy following backlash; CEO Eliah Seton says ‘AI should support artists, not replace them’

Policy change was quietly made to SoundCloud's terms and conditions in February 2024

Universal partners with Apple Music to launch Sound Therapy wellness music collection

Sound Therapy divides its offerings into three categories targeting focus, relaxation, and sleep

Indie music platform Intercept secures $50m in financing for catalog acquisitions

Company says it already has several potential acquisitions 'under review'

From Spotify, Universal numbers to new management at Apple Music… it’s MBW’s Weekly Round-Up

The biggest stories from the past week – all in one place…

Deezer’s revenue increased to $141m in Q1 as streaming service forecasts swing to positive EBITDA this year

Despite a drop in total subscribers, CEO Alexis Lanternier says the company is confident of 'reaching profitability this year'

Ole Obermann and Rachel Newman named Co-Heads, Apple Music

Obermann officially joins Apple from ByteDance

Sony Corp strikes strategic partnership with BandLab Technologies to bring spatial sound and other tools to the company’s millions of users

Initial phase of partnership integrates Sony’s Spatial Sound technology; co-branded hub within BandLab to act as gateway for future offerings