Analysis News Ticketmaster hit by ‘billions’ of bots in Oasis ticket sale, and 3 other things Michael Rapino said at Bloomberg’s Screentime event The Live Nation CEO criticized scalpers saying there shouldn't be "a middleman that has nothing invested in the business making any money from it."
News Downtown’s FUGA expands in ANZ region via new deal with Australia’s UNIFIED Music Group Partnership will bolster UNIFIED’s distribution and marketing capabilities, and provide neighbouring rights services
Analysis News Latin Music generated $685m in US recorded music revenues in the first half of 2024 – up 7% YoY The Recording Industry Association of America (RIAA) has published its mid-year 2024 Latin Music Revenue Report
Analysis News ‘Works for hire’? Jury trial to decide if 2 Live Crew’s members, heirs have any right to its music 2 Live Crew's members and their heirs are fighting to take back the recording copyrights on the 1980s rap band's music
News Reservoir acquires producer royalties of Grammy winner Jack Douglas The acquisition includes hits by Aerosmith and Cheap Trick
News Warner Music Group acquires Amsterdam-based label Cloud 9 Recordings Cloud 9 Co-founder Raymond van Vliet to remain as President of Cloud 9 Recordings
News Spotify launches Free tier in South Korea Spotify launched in South Korea in February 2021 without its ad-supported tier
News Universal Music sues Chili’s restaurant chain owner over alleged copyright infringement in social media ads The restaurant chain's owner Brinker reported $4.42 billion in revenue for the fiscal year ended June 26, 2024
News In key markets outside the US, TikTok’s revenues soared 75% to $4.6bn last year, but losses widened amid $1bn in legal costs TikTok's massive increase in European, LatAm and African revenue was more than offset by a sharp spike in expenses
News atVenu, a live event commerce and music merch sales platform, secures $130m equity investment from Sixth Street Growth News arrives amid the investment world's continued interest in the live events space
News Sony Music settles lawsuit against Marriott Hotels over alleged ‘rampant’ infringement in social media posts Sony and Marriott asked that the case be dismissed “with prejudice,” meaning it can’t be refiled
Analysis News Tencent Music is ‘strategically deploying advanced AI tools’ to crack down on infringement amid the rise of AI-generated content Company's ESG report provides details on how it tackles copyright infringement amid the rise of AI-generated music
News Beatdapp joins forces with Tuned Global to tackle streaming fraud in music apps The partnership aims to protect Tuned Global clients from fraud, while giving Beatdapp access to new data
News Spotify slams ‘outdated bureaucracy’ in Sweden as it moves ‘parts’ of 250 jobs from its home market after court ruling over night shifts Court rejects Spotify's request to allow its engineers in the market to work shifts between midnight and 5am
News Limp Bizkit’s Fred Durst sues Universal for $200m over alleged unpaid royalties (report) Durst's complaint alleges he was never paid royalties, despite the major commercial success of Limp Bizkit's early albums
News David Cassidy rights acquired by Iconoclast in eight-figure deal Cassidy’s portrayal in the 1970s of Keith Partridge in The Partridge Family 'turned him into a teen idol of unprecedented proportions'
News Chorus TM sponsors prestigious Management Company category at next month’s Music Business UK Awards New specialist financial management platform backs category named in honor of Robbie Williams' legendary manager, David Enthoven
News Ex-Spotify UK & Ireland boss Tom Connaughton joins independent UK distributor Canvas Music as Partner and Senior Advisor Canvas has also signed a long-term joint venture with US-based Symphonic Distribution