News BMG forms alliance with Universal Music Group; plans to move physical distribution to UMG’s Commercial Services division BMG says other collaborations with UMG are also under discussion
News After raising over $10m, Moises unveils AI-powered ‘Voice Studio’ that lets artists license and sell their own voices Company surpassed 30 million registered users on its platform earlier this year
News Financial management platform Voly Music rebrands as Voly Entertainment Fintech firm says the rebranding 'does not affect the functionality or features of the Voly Entertainment platform in any way'.
Analysis News AI company Anthropic recently secured up to $4bn in investment from Amazon. Now it’s being sued for copyright infringement by Universal Music Group. The lawsuit claims that 'Anthropic profits richly from its infringement of Publishers’ repertoires and other copyright owners’ works'
News BMG expects to spend another $400m on catalog acquisitions this year – and just made its largest ever recorded music acquisition in France BMG has acquired the recorded music catalog of superstar French DJ and electronic music artist Martin Solveig
News Concord’s $469m acquisition of Round Hill’s UK fund overwhelmingly approved by latter firm’s shareholders Vote was passed unanimously by 99% of those shareholders who voted
News Universal Music strikes ‘first-of-its-kind’ strategic AI partnership with BandLab Technologies Partnership will be 'centered on empowering the next generation of artists, including within BandLab’s global community'.
News Erik Pettie joins mtheory as SVP and Head of new Artist Services and Partnerships unit Exec was previously Head of Artist Strategy, Editorial & Marketing Partnerships at TuneCore
News Avex USA forms JV with Coup D’Etat Music to sign Nigerian Afrobeats star Victony Artist has also signed a record deal with Joie Manda’s Encore Recordings
Analysis Blog Superfans and supine fans: the music industry is getting its priorities the wrong way around The following op-ed comes from long-time music industry journalist Eamonn Forde
Analysis News BMI will pay songwriters and publishers a smaller portion of its revenues as a for-profit company – while upping its own margin from 10% to 15% of collections. Will its members tolerate this change? New revelations from Michael O'Neill shows that BMI is planning to increase its retained revenues by a third
News AI music generator Riffusion raises $4m in seed funding round Round was led by Greycroft Partners, South Park Commons and Sky9
News Patreon acquires Moment, the Troy Carter and Scooter Braun-backed livestream startup formerly known as Moment House Patreon says that Moment has reached 'millions of fans through digital live experiences'
News Reservoir strikes global publishing deal with the Eagles’ Joe Walsh The first Eagles album to feature Walsh was 'Hotel California'
News Bad Bunny breaks Spotify record for most-streamed album in a single day in 2023 so far Nadie Sabe Lo Que Va A Pasar Mañana becomes most-streamed album on Spotify in a single day in 2023 so far
News Warner’s Spinnin’ Records partners with generative AI startup Endel to create 50 AI-generated wellness albums Spinnin’ named as first label to activate Warner Music Group’s global Endel deal
News Graham Nash sells catalog to Irving Azoff’s Iconic Artists Group, following firm’s music rights deals with David Crosby and Stephen Stills Company says deal with Nash will see it 'acquire, develop, and expand his musical legacy to new generations of fans'.
News Riot Games launches HEARTSTEEL, the latest addition to its roster of virtual artists Baekhyun, member of boy band EXO, will be the voice of one of the virtual band's singers, Ezreal