News Chris Brown, Katie Robinson and Johnny Minardi promoted to leadership roles at Elektra Entertainment Execs will report to Elektra Entertainment’s President Gregg Nadel
Analysis Blog Why the power of AI may hold the key to distributing wealth throughout the music industry (Part 2) This MBW op/ed comes from Ran Geffen, founder of XR connect development agency OMR and CEO of Amusica Song Management in Israel.
Analysis News King & Prince sold 1.2m physical copies of their latest album ‘Mr.5’ in its first week in Japan, becoming the market’s fastest-selling album this year Universal Music Japan and King & Prince have set the record for 2023’s fastest selling album in Japan
News Haim Saban appointed Non-Executive Director at Universal Music Group Media mogul was elected to the role at UMG's AGM on Thursday, May 11
News Sir Lucian Grainge remuneration package approved by Universal Music Group shareholders Sir Lucian Grainge has also been re-appointed as UMG's Executive Director (a position he holds in addition to being the company's Chairman and CEO) for five more years
News Olivier Chastan’s Iconoclast acquires music publishing catalog of Beyonce and M.I.A. collaborator, Switch Switch is also the co-founder, alongside Diplo, of electronic dance music group Major Lazer
News Google trained ‘experimental AI’ to generate high-fidelity songs from text prompts. Now it’s available to the public Model was trained on five million audio clips, amounting to 280,000 hours of music at 24 kHz
News TikTok to be banned on government and educational institution devices in US state of Florida TikTok will be banned on public school devices in Florida, effective July 1
News Abbey Road Red tech startup XONE launches metaverse experience for British band easy life Easy life are signed to Universal Music Group's Island Records UK
News Music licensing startup Freshsound raises $2.2m in seed round Investment round was led by Zenith Venture Capital and Aligned
News Former Spotify exec David Ecker joins Exceleration Music as Label Development Manager Rachel Cunningham also appointed to lead Fan Engagement and Commerce at Exceleration
News After China’s Government moves to regulate AI, TikTok sister app Douyin issues new rules for AI-generated content The use of AI to create copyright-infringing content is not allowed
News Grammy-winning duo Stargate enter into creative joint venture with PULSE Music Group Stargate have produced or written for artists including Beyoncé, Mariah Carey, Rihanna, Selena Gomez and more
Analysis Who owns Spotify today? MBW digs through SEC filings to discover who ultimately controls music subscription streaming's dominant player
News Court dismisses shareholder lawsuit over Block’s purchase of TIDAL Tech company led by former Twitter CEO Jack Dorsey purchased Jay-Z's music streaming service TIDAL in 2021
News Netherlands-based Pythagoras Music Fund buys catalog from British songwriter Dominic Bugatti PMF has spent approximately €100 million (USD $107m) on music rights since it launched in 2021
News India’s Tips Music inks global deal with Sony Music Publishing SMP to administer and promote Tips Music's catalog of over 30,000 tracks and 5,500 albums
News Jody Gerson to receive ICMP Ralph Peer II Award for Outstanding Contribution to Global Music Publishing Jody Gerson, Chairman and CEO of Universal Music Publishing Group, to be presented with the award at Abbey Road Studios in London on July 10