News New York AG sues SiriusXM over alleged ‘trapping’ of consumers in ‘unwanted subscriptions’ New York state's top law enforcer alleges SiriusXM is breaking the law by making it difficult to cancel subscriptions.
News Universal Music Group renews multi-year licensing deal with Tencent Music platforms Under the contract, TME will continue to have access to UMG’s music catalog for QQ Music, Kugou Music, Kuwo Music, and WeSing
News Iron Horse SPAC raises $69M in Nasdaq IPO, eyes diverse media and entertainment deals The successful IPO comes after the blank-check company withdrew plans for a $100-million IPO in October.
News BLACKPINK members end solo contracts with K-Pop agency YG Entertainment YG Entertainment's share price dropped 6.6% on the Seoul exchange following the news.
News Anghami’s subscriber base grows 17% in Q3 2023, to 1.73M The Middle East and North Africa-focused music streaming service has seen ad revenue soar by 28%.
Interviews BandLab CEO, Meng Ru Kuok: ‘I think there will be over 1 billion music creators by 2030, potentially even sooner.’ MBW and Goldman Sachs team up for our first Entrepreneur Of The Year award – and BandLab's co-founder picks up the prize
News Universal Music UK’s Selina Webb and songwriter Carla Marie Williams awarded MBEs in New Year Honours list; Don Black, Paul Burger and more also recognized Webb awarded MBE for services to the music industry, neurodiversity, and charity
News Thomas Coesfeld’s plan to refocus BMG on music rights continues, as Bertelsmann-owned firm divests live concert companies Undercover and Karo transferred back to their minority shareholders
News ABBA Voyage had a $400m+ economic impact in London in its first year Concert series' producers have published an analysis of the event's socio-economic impact in London
News VEVO DSCVR ARTISTS TO WATCH 2024: Fridayy, Libianca, Strandz Introducing the final three artists in Vevo's global watchlist for 2024
Interviews ‘Someone said to us in our second week: Boys, the deals you’re doing are going to get you nowhere. You might as well quit now.’ The Other Songs co-founders and brothers Alastair and Billy Webber tell us about the company’s origins, Ren's UK No.1 album and their plans for the future..
News Direct-to-fan platform Medallion raises $13.7m from investors including Metallica’s Black Squirrel Partners The platform has built digital communities for artists such as Jungle, Disclosure, Greta Van Fleet and Sigur Rós
News Daniel Fernandes promoted to General Manager, Brazil at BMG, as Jasmina Zammit moves to international role in Berlin 'It’s time to have a local elevate the business to the next level,' says outgoing head of BMG in Brazil Jasmina Zammit
News Hipgnosis Songs Fund like-for-like revenue up 14.0% YoY in 6 months to end of September; company’s portfolio now valued at $2.62 billion by Citrin Cooperman Red Hot Chili Peppers catalog was UK-listed fund's biggest revenue generator in the period
News Social music marketing startup Breakr raises $1.9m in fresh capital Company has raised $8.7 million to date and has reportedly paid out $3.5 million to creators
News BMG acquires recorded music catalog of iconic French pop singer and composer, Alain Chamfort The music company expects to spend $400 million on music rights acquisitions in 2023.
News Microsoft’s AI chatbot Copilot can now compose songs from text prompts via integration with generative music app Suno Copilot users can now input simple verbal prompts, and Suno will produce a song for them, complete with lyrics, instrumentals and even singing voices.
News LyricFind acquires Rotor Videos and partners with CD Baby, expanding video creation push The lyric-licensing company is significantly expanding its video creation tools with the acquisition of Belfast-based Rotor Videos.