Music Business News: Europe

Generative AI opt-outs are unfair and unworkable. Let’s drop the pretense that they’re some sort of compromise.

The following MBW Views op/ed comes from Ed Newton-Rex, CEO of the ethical generative AI non-profit, Fairly Trained

TikTok strikes new long-term partnership with ICE

The new deal will give TikTok continued access to ICE's vast catalog of more than 54 million musical works from over 330,000 rightsholders

Daniel Ek just cashed out $35.8 million in Spotify shares. But that’s nothing compared to his co-founder… who just cashed out $383.8 million.

Spotify’s share price is flying. Following the firm’s announcement of its Q3 2024 results on Tuesday (November 12), SPOT’s stock price jumped on the NYSE, closing at an all-time high of USD $477.50 yesterday (November 14). It settled back down to $458.32 at the close of trading today (November 15), but that was still enough … Continued

From GEMA’s copyright lawsuit against OpenAI to Hipgnosis’ $1.47bn ABS deal… it’s MBW’s Weekly Round-Up

The biggest stories from the past week – all in one place…

Spotify launches ‘Partner Program’ with new monetization options for video creators

Spotify says expanded video offerings will be good for music rightsholders, as it will bring more listeners to the platform

SoundCloud rolls out new monetization feature as part of enhanced upload experience

The new feature eliminates multiple steps previously required for artists to monetize their content on the platform

ChatGPT maker OpenAI, valued at $157bn, sued by GEMA in Germany over unlicensed use of song lyrics

GEMA represents the copyrights of around 95,000 members in Germany (composers, lyricists, music publishers) as well as over two million rightsholders worldwide

TikTok’s SoundOn is signing artists… and battling labels on the charts.

MBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to major recent entertainment events or news stories...