Analysis News From Deezer’s fight against AI music to Charles Goldstuck’s $500m raise… it’s MBW’s Weekly Round-Up The biggest stories from the past week – all in one place…
News Charles Goldstuck’s GoldState raises $500m to buy music rights, with investment from Northleaf Capital and Ares Management "Our new relationship with Northleaf and Ares marks the next step in the evolution of our music investing strategy,” said GoldState founder Charles Goldstuck
News Reservoir expands Indian presence with new subsidiary PopIndia Headed up by PopArabia founder Spek, the new subsidiary reflects Reservoir's focus on emerging markets
News Spotify CEO Daniel Ek continues share sale streak, cashing out another $28.2M The Spotify boss has now pocketed approximately $778.3 million from stock sales since July 2023
News Universal warns Drake ‘be careful what you wish for’ as rapper updates complaint to target Kendrick Lamar’s Super Bowl show The music giant said the rapper’s continued legal battle exposes him to 'discovery'
News Seoul court rejects NewJeans’ motion to overturn injunction in ADOR dispute; group files another appeal NewJeans’ legal team promptly filed an appeal with the Seoul High Court following the decision
News Ex-Google CEO Eric Schmidt: AI that is ‘as smart as the smartest artist’ will be here in 3 to 5 years Schmidt predicts AI that is 'as smart as the smartest mathematician, physicist, artist, writer, thinker, politician...'
News Luminate strikes partnership with South Korea’s KreatorsNetwork, an artist services firm aiming to globalize K-pop labels KreatorsNetwork will have exclusive rights to sell and distribute Luminate data in South Korea
News AI music invasion doubles on Deezer: 20,000 bot-created tracks now uploaded each DAY to streaming platform Figure has doubled in just two months
News Denis Ladegaillerie, backed by EQT and TCV, makes move to fully acquire Believe Private shareholders will face a 'squeeze out' if they reject Ladegaillerie's new offer
News Google may unbundle YouTube Music from Premium in South Korea amid regulatory pressure (report) Google could introduce a YouTube Premium Lite plan in South Korea, which offers ad-free YouTube viewing but excludes YouTube Music
News Kevin Foo promoted to Managing Director, Southeast Asia at Sony Music Entertainment Foo previously served as Managing Director of RCA Records Greater China and General Manager of SME Taiwan
News Patrick Moxey’s Ultra International rebrands as Payday Music Publishing following Sony legal dispute Moxey was handed 180 days to make a name-change following court decision
Analysis ASCAP, BMI, GMR, and SESAC have their say in US Copyright Office’s PRO inquiry… The four biggest PROs in the United States just filed with the Copyright Office. Here's what they said.
News Tariff-proof, recession-proof music industry will thrive despite global uncertainty, TD Cowen analysts say TD Cowen analysts see lots of runway for music revenue growth, and little risk from tariffs or a potential recession
News Brazil launches ‘largest-ever’ operation to disrupt streaming fraud At least 43 illegal services in Brazil have been disrupted, and 1,131 resellers of streaming fraud services outside Brazil have been impacted
News Lost Highway Records revived by Interscope Geffen A&M; Robert Knotts and Jake Gear named Co-Heads Grammy and Oscar Award-winning producer T Bone Burnett will continue to work with Lost Highway Records on a number of projects
Analysis Ruth Barlow of AIM and Beggars Group on UMG, Downtown and why she believes ‘regulators must act’ This MBW op/ed comes from Ruth Barlow, Chair of the UK's AIM, and Director of Live Licensing at Beggars Group