News Q Prime joins forces with artist manager Aaron Frank to form new Q Prime AF division Nashville-headquartered Frank and his team manage the likes of Greta Van Fleet, Marcus King, St. Paul and the Broken Bones, Houndmouth and All Them Witches
News Vania Schlogel steps down from Board of Directors at Hipgnosis Songs Fund Exec founded Los Angeles-headquartered private equity firm Atwater in 2017
News Duetti, a music financing platform led by ex-TIDAL and Apple Music execs, raises $32m from investors including Roc Nation Startup was founded by former TIDAL COO Lior Tibon and former Apple Music Business Development executive, Christopher Nolte
News Grimes launches AI project in partnership with development studio CreateSafe, inviting users to create AI songs using her voice Artist partnered with Los Angeles-based CreateSafe to launch the project
News Deadmau5-founded Pixelynx launches KORUS AI music project in partnership with Beatport Launch arrives five months after Pixelynx was acquired by Animoca Brands
Analysis Ad-supported music streaming is broken. Resso, Deezer, and Gaana have all cut their free tiers in the past year. Will more services follow?
News TikTok sister music app Resso shuts down free tier, goes subscription-only Today's news comes eight months after another major music streaming service in India, Gaana, shut down its free tier
News Paul Trueman joins artist marketing platform un:hurd as COO, Hazel Savage joins firm’s Board of Directors News follows the company’s recent seven-figure investment round led by Kobalt Music’s founder and Chairman, Willard Ahdritz
News TikTok’s parent is working on an AI music app that ‘significantly lowers the music creation barrier’ A pair of new job ads shed light on TikTok and ByteDance's AI plans
News Fraser T. Smith, PPL launch ‘Future Producer Academy’ for under-represented producers Project aims to providing financial backing and educational opportunities for producers
News Believe: We’ll block 100% AI-created music from being uploaded to streaming services via TuneCore The arrival of AI-generated music has triggered a number of concerns for the music industry
News Guy Oseary and Ashton Kutcher-led Sound Ventures launches $240m artificial intelligence investment fund Fund's first three investments were in Anthropic, StabilityAI and ChatGPT developer OpenAI
Analysis News HYBE’s revenues grew 44.1% YoY to $306m in Q1, driven by K-Pop stars Tomorrow x Together, Seventeen, Jimin and more HYBE’s revenues grew 44.1% YoY to 410.6 billion South Korea Won in Q1 2023, according to a new investor filing published on Tuesday (May 2)
News Matt Riley promoted to Managing Director of AWAL in the UK, Victoria Needs and Sam Potts upped to SVP roles Based in London, Riley will report directly to Paul Hitchman, President of AWAL
Interviews News The Taylor Swift ticket sale crash was a bit like a Prada store break-in… and 4 other things we learned from Michael Rapino’s new podcast interview Rapino was interviewed on the latest Bob Lefsetz podcast last week
Interviews ‘The industry has controlled what the consumer listens to for way too long.’ Emma Banks of Frtyfve and Instrumental is interviewed in MBW's Inspiring Women series
News Pandora’s monthly user base fell beneath 47m in Q1, as parent SiriusXM saw revenues dip 2% YoY SiriusXM has been struggling to retain Pandora’s user base since its $3.5 billion all-stock acquisition of the streaming company in late 2018
News Clubhouse to lay off over 50% of staff amid ‘resetting’ of live audio app The layoffs were revealed by Clubhouse founders Paul Davison and Rohan Seth in an email to staff that was made public on Thursday (April 27).