News Believe applauds Deezer’s action on ‘noise’ – but questions new ‘artist-centric’ royalty model’s impact on ‘rising artists’ Believe outlines its position on the new streaming model announced by Deezer and Universal
News JKBX, launching this week, confirms it will pay songwriters and artists direct via ‘Creator Program’ – even if they don’t own their rights Company will offer its users the ability to invest in Royalty Shares of hits
Analysis OpenAI’s response to Sarah Silverman’s lawsuit shows music rightsholders could be in for a tough fight over copyright and AI OpenAI says a lawsuit over its use of copyrighted materials in training AI algorithms is based on an 'erroneous' understanding of copyright law
Analysis News Spain’s recorded music industry revenues reached €214.3m in H1, up 11.53% YoY Music streaming revenues in Spain rose 13.26% YoY
News ICMP to launch anti-piracy platform for music publishers in partnership with MUSO Platform will be powered by the MUSO Protect, an AI-automated content protection service
News Clive Fisher, former Universal Music EVP, dies aged 71; Sir Lucian Grainge leads tributes to exec ‘who loved people’ Fisher spent 33 years in total at Universal Music UK, before continuing to contribute as an adviser to key execs
News ONErpm expands in Asia, launching six new offices and hiring territory directors New branches are located in the Philippines, Malaysia, Greater China, Indonesia, Thailand, and Vietnam
News From Concord’s $468.8m Round Hill deal to Universal and Deezer’s new artist-centric model… it’s MBW’s Weekly Round-Up The five biggest stories to hit our headlines over the past seven days
News Redeye, distribution partner of Beggars, Domino and other leading indie labels, acquired by Exceleration Music Independent digital and physical distribution/services company Redeye has been acquired by Exceleration Music for an undisclosed sum
News Concord set to buy Round Hill’s UK-listed royalty fund in a huge $468.8m deal Under the terms of the acquisition, Round Hill's shareholders will receive USD $1.15 per share in cash.
News Responsibility for AI copyright infringement rests with platforms, and 3 other things we learned from Robert Kyncl’s Goldman Sachs interview Warner Music Group's CEO participated in a Q&A session on Wednesday (September 6) at Goldman Sachs’ Communacopia + Technology Conference in San Francisco
Analysis News JP Morgan says Universal’s ‘artist-centric’ model will bring a 9% revenue increase to major labels. No wonder it’s just increased its price target for UMG. Deezer this week revealed it has struck an agreement to start paying UMG's artists via an 'artist centric' model
Analysis News Why Goldman Sachs believes that Spotify will remain the world’s dominant music streaming service in 2030 How much longer can Spotify hold on to its position as the world's biggest music streaming provider in terms of global paid-for subscriptions?
News UMG: ‘Artist-centric’ payments on Deezer can’t exceed 100% of platform’s royalty pool New model will ape streaming's pro-rata model, with a finite pool of royalties divided by market share
News Lin-Manuel Miranda named top artist-songwriter in Q2 2023 on the NMPA Gold & Platinum Program (based on RIAA Certifications) Ashley Gorley claimed the title of the top non-performing songwriter on the NMPA’s Gold & Platinum Program
News Rimas Publishing partners with music metadata firm Muso.AI Partnership sees Muso.AI expand into the Latin music market
News Spotify CEO-backed VC firm Air Street Capital raises $121m to invest in AI startups Daniel Ek has previously invested in the VC via his investment vehicle Prima Materia
News One Media iP acquires ‘licensor’s income share’ of Entertain Me catalog Catalog includes songs by Louis Armstrong and James Brown