Music Business News: Germany

The news was confirmed today (May 23) in an internal memo to staff from SoundCloud CEO, Eliah Seton, obtained by MBW

Companies will use Endel’s proprietary AI technology to let UMG artists "reimagine" their music and create "science-backed soundscapes"

Trapp steered EMP through its $180m acquisition by Warner Music Group

Company sold 18 million tickets online in Q1

Bertelsmann brings forward BMG leadership change. Hartwig Masuch to remain associated with Bertelsmann in an advisory capacity until 2026

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

The change means that Fred Casimir, EVP Global Repertoire, will now lead a team of around 90, responsible for marketing recordings around the world

Enote’s funding round comes amid increased investor appetite for classical music