Music Business News: Germany
News The study found nearly unanimous support for payments to rights holders when their music is used to train AI News Thanks to AI, BMG is now able to process royalties 10 times faster than it could previously, and track music 50% faster News Believe acquired Groove Attack in 2018 News Von Schwarzkopf will lead BMG's efforts to identify new business opportunities and oversee growth initiatives News The company first went public in 1998 and delisted in January 2021 Analysis News 830 million streams were generated on December 24 alone, according to new data from BVMI/GfK News Lars Karlsson to focus on the publisher’s business in the Nordics News Raine Group and Temasek reportedly looking at banks to handle sale process