News Global recorded music revenues rose 6.5% to $36.2bn in 2024, says MIDiA Research According to MIDiA, streaming revenue grew 6.2% YoY to $22.2 billion
News Bria raises $40m to expand patented attribution engine to AI-generated music content Latest round brings company's total capital raised to $65 million
News BMI launches ‘Spark’ program offering tools and resources to music creators The initiative, available to its affiliated songwriters, composers, and producers, aims to support artists at every career stage, BMI says
News George Clinton sues former business partner for allegedly withholding royalties and other claims The funk music legend’s lawsuit describes former business partner Armen Boladian as a “copyright troll”
News France’s recorded music revenues reached $1.1bn in 2024, up 7% YoY The growing popularity of music streaming and a boost from the Paris Olympics propelled France to a large increase in music exports
News UK trade recorded music revenues topped $1.9bn in 2024 The recorded music industry group is warning of risks to the UK industry from increased competition and proposed AI rules
Analysis How independent labels and their artists can win the AI race… The following MBW Views op/ed comes from Marie Clausen, Managing Director for North America at Ninja Tune
News 12m artists uploaded music to Spotify last year. Less than 0.6% generated $10,000 or more in royalties. Spotify has published the latest edition of its annual Loud & Clear music economics report
Analysis News Blackstone launches Recognition Music Group… but could the Hipgnosis elephant live on? (Meanwhile, AI has thoughts on the rebrand.) Blackstone confirms it's deleting the Hipgnosis name as the brand for its music assets and operation
News Metallica’s Mexico concert is coming to Apple’s Vision Pro headset Apple deployed 14 Immersive Video cameras to capture Metallica’s Mexico City concert
News OpenPlay launches music distribution and monetization service led by industry veteran Bob Barbiere Barbiere brings extensive experience in music tech and rights management from executive roles at Dubset Media Holdings and Pex
News AEG Presents promotes seven execs to SVP roles in Global Partnerships division Andrew Bersch, Holli Branam, Bret Heiman, Alex McArthur, Samantha Fernandez, Brianne Grimley and Eric Kohler are now SVPs
Analysis News Universal spent $1bn+ on investments in 2024… and 5 other things we learned on UMG’s latest earnings call What UMG's leadership team said on the company's FY 2024 call...
News Concord to acquire Stem in $50m+ deal, say MBW sources We also hear that Raine Group is in the middle of it.
News Billy Steinberg and son Ezra Steinberg sign global publishing deals with Sony Music Publishing Their works will be housed under newly formed company, Steinberg Music
News Elizabeth Rodda promoted to President of US Latin, Latin America and Global Society Relations at peermusic The Miami-based executive will now oversee the company’s Latin initiatives and new signings across the US and Puerto Rico.
News Megadeth founder Dave Mustaine’s Tradecraft label strikes deal with Frontiers Label Group for new album Megadeth have sold over 50 million albums worldwide
News Sarah Silverman’s Meta copyright lawsuit advances as judge allows authors’ DMCA claims Three authors including Silverman accused Meta of copying their copyrighted materials to train the company’s large language model LLaMA