Sir Lucian Grainge In The News

HYBE just released a K-pop track sung in six different languages using AI voice technology

HYBE releases 'first-ever multilingual track produced in Korean, English, Japanese, Chinese, Spanish and Vietnamese'

From Google’s AI music generator to Robert Kyncl on music streaming’s payout and pricing models… it’s MBW’s Weekly Round-Up

The biggest music biz headlines from the past week, all in one place

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.

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

Interviews

BMG’s Hartwig Masuch and Thomas Coesfeld on hits, efficiency – and spending $400m on catalog acquisitions in 2022

BMG's current CEO and its incoming CEO both sit down with MBW to discuss the company's ambitions

Analysis

The Boomy/Spotify streaming fraud debacle proves ‘pro-rata’ must go – urgently.

Is that the kind of music business you signed up for? Because it's the one you've got.

News

AI music app Boomy has created 14.4m tracks to date. Spotify just deleted a bunch of its uploads after detecting ‘stream manipulation’.

Today's news comes a week after Daniel Ek, founder and CEO of Spotify, announced to investors that his company was working with major record companies to quell the threat posed by AI music

News

Deadmau5-founded Pixelynx launches KORUS AI music project in partnership with Beatport

Launch arrives five months after Pixelynx was acquired by Animoca Brands