Sony Music Group In The News
News The deal, announced on Monday (May 11), is subject to customary closing conditions. News That makes it only the second music biopic ever to cross the $500 million threshold, after 2018's Bohemian Rhapsody. News The biggest headlines from the past few days... Analysis News Recorded music streaming revenue (combining subscription and ad-funded streaming) was up 13.6% YoY. News The acquisition would be made through Sony's music rights-buying JV with Singapore sovereign wealth fund GIC, the news outlet reported News Udio admitted that its models were trained with “a vast amount of different kinds of sound recordings” gathered from publicly available sources. News Spotify is introducing a new verification badge for artist profiles. News The feature, however, is optional as artists can still choose whether to disclose AI involvement in their song production.