News Saudi Arabia’s MDLBEAST launches music publishing arm MDLBEAST Publishing says it will be working with Sentric to provide global support beyond the MENA region
News Primary Wave Music strikes publishing partnership with alternative rock band Spin Doctors The deal also includes administration of the band's upcoming album, to be released later this year
News Recording Academy to expand in Africa and Middle East The expansion aims to provide educational resources, advocate for intellectual property rights, and celebrate the musical heritage of these regions
News Sanujeet Bhujabal named Managing Director, Universal Music India and South Asia; Viral Jani appointed Chief Revenue Officer "We have been growing rapidly, through our groundbreaking, artist-first non-film music strategy..."
News Spotify to launch pricier Premium music tier that includes high-fidelity audio (report) New tier will cost "at least $5 more per month", Bloomberg reports
News Virgin Music Group inks global distribution deal with Neon Gold Records In its 15 years of existence, Neon Gold has amassed 15 billion streams and 10 million album equivalent sales
News BMG outlines new structure for US frontline recorded music teams, led by Jon Loba Separately, BMG has also appointed Alexandra Behrens as SVP of Global People Excellence
Interviews Meet Kyogu Lee, President of Supertone – the voice cloning AI company acquired by HYBE for $32m MBW’s World Leaders series meets Kyogu Lee, President of HYBE-owned voice AI company Supertone
News French rights societies SCPP and ADAMI form partnership agreement, with option to merge The two organizations have recognized a need for greater efficiencies in royalty collection
News Spotify co-founder Martin Lorentzon sells $81m of company’s shares Music streaming company Spotify has seen a 310% runup in its share price over the past 18 months
Analysis News TuneCore has paid out over $4 billion to self-releasing artists to date TuneCore has paid out around $1 billion since December 2022
News Patch Culbertson promoted to EVP / GM at Big Loud Records Culbertson becomes the company's first-ever Executive Vice President
News Europe’s music tastes becoming more local, as royalties generated by European Union artists triple in 6 years Spotify says 44% of royalties generated in the EU came from EU artists, a record high
News Molly Neuman appointed President of Downtown Music-owned CD Baby Industry veteran to lead Downtown Music's direct-to-creator businesses CD Baby and Soundrop
News Stability AI releases free, open-source text-to-audio model that ‘respects creator rights’ Unlike its earlier Stable Audio product, the new Stable Audio Open is designed to make clips for sound design and music creation
News beatBread strikes partnership with music asset and catalog management firm OpenPlay "We don't feel advances should be the deciding factor in a label's choice of delivery options”
News CTS Eventim completes $323M acquisition of Vivendi’s ticketing and festival business Germany's CTS Eventim reportedly beat out AEG to buy the UK-born ticketing business
News The Black Keys cut ties with managers Irving Azoff and Steve Moir after tour cancellation (Report) The blues-rock duo's move comes amid a reported decline in ticket sales for some arena tours