News Beggars Group’s revenue up 13.9% YoY in 2022, but inflation, stagnant streaming prices take bite out of profit UK-headquartered firm recently revealed its earnings for 2022 in a regulatory filing to UK Companies House
News Elon Musk’s X files motion to dismiss music publishers’ $250m+ copyright lawsuit; NMPA says platform has ‘consistently failed’ to stop ‘rampant piracy’ on its platform Twitter / X has filed a motion to dismiss the complaint 'in its entirety'
News Hans Zimmer acquires London’s iconic Maida Vale studios from the BBC Studio has seen the likes of David Bowie, The Beatles, Led Zeppelin and Dusty Springfield record in the building
Analysis News Tencent Music Entertainment reached 99.4m paying subscribers in Q2, as music revenues jumped 47.6% Tencent Music Entertainment, China’s largest operator of music streaming services, has published its Q2 results
Analysis Will Universal and Warner be able to overcome the problems with licensing ‘Deepfakes’ of their artists? MBW Reacts is a series of comment pieces from the Music Business Worldwide team. They are our analytical (and sometimes opinionated) reactions to major recent entertainment news stories...
Analysis Blog How Taylor Swift got to re-record her songs… and can any artist make a ‘Taylor’s Version’ of their own albums? The following op-ed comes from Larry Iser, managing partner at Kinsella Holley Iser Kump Steinsapir LLP.
News Stem introduces ‘Tone’ financial services platform for the music industry Stem says that Tone aims to 'fix the broken financial processes' across the music industry.
News The UK’s PRS for Music and PPL team up with music startup Audoo for public performance distributions Audoo's tech identifies background music being played publicly
News BMG ups interest in Eurodance stars SNAP! via acquisition of the writer’s share of royalties of the group’s Michael Münzing BMG acquired the SNAP! recorded music catalogue in 2018
News Sony Music and Triller settle copyright dispute as TikTok rival prepares to go public Lawsuit was initiated by Sony Music against Triller last year
News Tributes pour in for entertainment industry legend Clarence Avant, the ‘Godfather Of Black Music’ Avant passed away, aged 92, at his home in Los Angeles on Sunday, August 13
Analysis Blog How live acts can fully monetise their setlists The following op-ed comes from long-time music industry journalist Eamonn Forde
News CAA to lay off around 60 employees (report) News follows a report from last month that CAA is in talks to sell a majority stake to billionaire François-Henri Pinault in a $7bn deal
News Sony, Universal sue Internet Archive over alleged ‘massive ongoing violation’ of music copyrights Complaint claims that "hundreds of thousands" of tracks have been digitized from 78-rpm vinyls and posted to the site
News Disney just raised its streaming subscription price – by a lot more than Spotify Disney announced new prices alongside its earnings report last week
News After raising $54m, Futureverse unveils ‘JEN 1’ text-to-music AI generator Futureverse was formed from the merger of 11 different companies last year
News Universal Music becomes latest major to partner with kids audio platform Yoto First release under partnership features rock band Queen’s Greatest Hits: Volume 1