News After partnering with AI music startup Lemonaide, BeatStars unveils AI music creation tool, ‘Seeds’ According to BeatStars, the new tool is aimed at helping creators generate initial ideas for music
News Timbaland acquires strategic stake in lifestyle and vinyl brand 12on12 Swizz Beatz has also previously invested in the business
News Apple partners with marketing platform Linkfire for podcast data analytics Linkfire is a marketing platform used by artists and labels
News TuneCore Germany inks Dolby Atmos production partnership with ThreeDee Music Deal will allow independent artists to release their tracks in Dolby Atmos through Apple Music
News Round Hill Music acquires Canada-based indie music company Linus Entertainment Investment includes a catalogue of over 3,000 songs and 20,000 master recordings
News PULSE Records and Brent Faiyaz form artist development JV PULSE Records was established in June as a joint venture between PULSE Music Group and Concord
News Anghami welcomes $5m investment from SRMG Ventures SRMG Ventures is the venture capital arm of SRMG (Saudi Research and Media Group); SRMG claims to be the "largest integrated media group in MENA"
News Jack Antonoff is now managed by – and launching a label with – Jamie Oborne, as he inks global publishing deal with Universal Music Publishing Group Confirmed today, Jack Antonoff is now managed by Jamie Oborne / All On Red for the world, as are Antonoff's band, Bleachers
News YouTube and Universal Music Group partner to develop AI music tools – complete with ‘protections’ for artists and rightsholders UMG talent invited to guide development of AI music 'Incubator' at YouTube, as Sir Lucian Grainge sets out his view
News Ashley Gorley’s Tape Room Music to sell over 350 songs to Red Light Ventures and Firebird Music under new partnership Coran Capshaw inks deal with songwriter Gorley and his associates on behalf of Firebird and Red Light
News Spotify could ban white noise podcasts to boost annual profit by up to $38M (report) Bloomberg reports that Daniel Ek and co may make bold move to free up internal resources and improve profitability
Analysis News From Jungkook’s 35.5m monthly Spotify listeners to Avid’s $1.4bn sale to STG… it’s MBW’s Weekly Round-up Five of the biggest headlines on MBW this week...
Analysis News Jungkook now has 35.5m+ monthly listeners on Spotify – over half a million more than BTS. HYBE-signed K-Pop star had 35,578,104 monthly listeners on the music streaming platform as of August 18
News Primary Wave acquires catalog from Dennis DeYoung, founding member of rock band Styx DeYoung penned seven of the band’s eight Top 10 Billboard hits
News Private equity’s love of music tech continues, as STG acquires Pro Tools maker Avid for $1.4bn The Pro Tools maker also operates a DIY music distribution service called AvidPlay
News SiriusXM responds to SoundExchange lawsuit over alleged $150m in unpaid royalties SoundExchange claims that SiriusXM has 'wrongfully withheld more than $150 million in unpaid royalties over the past several years'
Analysis TikTok’s Warner deal shows it’s on course to become the MTV of the 21st Century – but to do so, it needs better relations with the entire music biz MBW Explains is a series of analytical features in which we explore the context behind major music industry talking points – and suggest what might happen next.
News After raising $2.7m, music royalties marketplace MasterExchange sells out its first ‘initial music offering’ Platform, launched in 2022 in Stockholm, is a marketplace to invest in song royalties