News Bill Ackman’s Pershing Square stays bullish on Universal Music Group, even vs. AI: ‘The long tail of AI-generated content will likely never be heard and will not displace legitimate artists’ work.’ Pershing effectively laughs in the face of concerns raised by analysts earlier this year over AI's threat to UMG
News Alliance Entertainment says that its K-Pop sales jumped 55% to $32m in the 12 months to end of July Company listed on the Nasdaq Capital Market in February after completing a SPAC merger with Adara Acquisition
News Reservoir and PopArabia expand presence in MENA with two new acquisitions in Egypt Deals include catalog acquisition of content production and distribution company RE Media, and the catalog of Egyptian rap duo El Sawareekh
News $100m-backed Asia-focused music fund blackx launches operations in Japan, led by Hiroki Shirasuka Company also expands presence Greater China and Singapore with a string of senior industry hires
News YG Entertainment teams with metaverse studio Karta to launch virtual BLACKPINK experience in Roblox Metaverse studio Karta built the BLACKPINK experience on Roblox
News TikTok rival Triller’s user numbers questioned by app analytics company (report) Report arrives as platform prepares for initial public offering in New York
News DICE raises $65m from investors including Matt Pincus, Willard Ahdritz and more MUSIC CEO Matt Pincus will also join the DICE Board of Directors
News Warner Music Canada and Warner Music India launch 91 NORTH RECORDS joint venture Artist and producer Ikky named as Creative Director for the JV
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