Music Business News: France News Market for Gen AI outputs to be worth over $16bn annually by 2028, but it could ‘cannibalize’ 24% of music creators’ revenues, CISAC predicts New report says music creators alone stand to lose $10.5bn of their revenue by 2028 News Deezer becomes latest streaming service to integrate TikTok’s ‘Add to Music App’ feature Feature allows TikTok users to save songs discovered on the platform to their preferred music streaming service Analysis News From Ed Sheeran’s speech to UMG vs. TuneCore… it’s MBW’s Weekly Round-Up The biggest stories from the past week – all in one place… News Believe and TuneCore say they ‘strongly refute’ copyright infringement claims in UMG’s $500m lawsuit and ‘will fight them’ The lawsuit, filed on Monday (November 4) alleges that Believe has built its business through industrial-scale copyright infringement' Analysis News Deezer reports 11% revenue growth for calendar Q3 The company attributes its revenue growth to new partnerships and subscription price hikes News ASCAP and Sacem form strategic alliance that will include a new AI task force The new partnership builds on earlier collaborations between the two collective management organizations News Warner Music to spotlight French-language artists via new Africa Francophone venture led by Marc-André Niang and Yoann Chapalain New venture to spotlight talent from Francophone Africa News Qobuz launches ‘first of its kind’ high-fidelity streaming and download service in Japan Japan's music market lags behind others when it comes to adoption of streaming services, and Qobuz sees an opportunity in that.1 2 … 73 Next
News Market for Gen AI outputs to be worth over $16bn annually by 2028, but it could ‘cannibalize’ 24% of music creators’ revenues, CISAC predicts New report says music creators alone stand to lose $10.5bn of their revenue by 2028
News Deezer becomes latest streaming service to integrate TikTok’s ‘Add to Music App’ feature Feature allows TikTok users to save songs discovered on the platform to their preferred music streaming service
Analysis News From Ed Sheeran’s speech to UMG vs. TuneCore… it’s MBW’s Weekly Round-Up The biggest stories from the past week – all in one place…
News Believe and TuneCore say they ‘strongly refute’ copyright infringement claims in UMG’s $500m lawsuit and ‘will fight them’ The lawsuit, filed on Monday (November 4) alleges that Believe has built its business through industrial-scale copyright infringement'
Analysis News Deezer reports 11% revenue growth for calendar Q3 The company attributes its revenue growth to new partnerships and subscription price hikes
News ASCAP and Sacem form strategic alliance that will include a new AI task force The new partnership builds on earlier collaborations between the two collective management organizations
News Warner Music to spotlight French-language artists via new Africa Francophone venture led by Marc-André Niang and Yoann Chapalain New venture to spotlight talent from Francophone Africa
News Qobuz launches ‘first of its kind’ high-fidelity streaming and download service in Japan Japan's music market lags behind others when it comes to adoption of streaming services, and Qobuz sees an opportunity in that.