Music Business News: United Kingdom News Talent management firm YMU sold for $76M after financial restructuring (Report)The deal includes cancellation of some debt and a new credit facility for the struggling agency News UK’s Intellectual Property Office partners with PPL and PRS for Music on expanded ‘Get Paid Guide’ for music creatorsThe new version aims to provide performers, managers, and reps with a step-by-step guide on registering and managing their music metadata Analysis News Global recorded music revenues grew 9.8% YoY to $35.1bn in 2023, says MIDiA ResearchMIDiA estimates that streaming revenues reached $21.9bn in 2023 News AI vocal cloning app Voicify offers 3,000 deepfake models to replicate artists’ voices. Now it faces legal action from the UK’s music industryBPI has sent a letter to Voicify, now known as Jammable, threatening legal action if the app doesn't stop enabling users to create unauthorized music deepfakes Analysis News Recorded music trade revenues in the UK grew 8.1% YoY to $1.77bn last yearThe UK is the world's third largest recorded music market behind the United States and Japan, respectively Analysis Blog On… the value of ‘storytelling’ in the marketplace of ideasThe following op/ed comes from long-time music industry journalist, Eamonn Forde News Spotify challenges YouTube, launching music videos for Premium users in 11 marketsThe 11 markets include the UK, Germany, Italy, the Netherlands, Poland, Sweden, Brazil, Colombia, Philippines, Indonesia, and Kenya. News Opulous unveils AI-driven future music royalties calculation tool, says it can ‘remove months of labor-intensive work for labels and investors’Opulous, from the team behind Ditto Music, unveils new tool for OPUL token holders1 2 … 427 Next
News Talent management firm YMU sold for $76M after financial restructuring (Report)The deal includes cancellation of some debt and a new credit facility for the struggling agency
News UK’s Intellectual Property Office partners with PPL and PRS for Music on expanded ‘Get Paid Guide’ for music creatorsThe new version aims to provide performers, managers, and reps with a step-by-step guide on registering and managing their music metadata
Analysis News Global recorded music revenues grew 9.8% YoY to $35.1bn in 2023, says MIDiA ResearchMIDiA estimates that streaming revenues reached $21.9bn in 2023
News AI vocal cloning app Voicify offers 3,000 deepfake models to replicate artists’ voices. Now it faces legal action from the UK’s music industryBPI has sent a letter to Voicify, now known as Jammable, threatening legal action if the app doesn't stop enabling users to create unauthorized music deepfakes
Analysis News Recorded music trade revenues in the UK grew 8.1% YoY to $1.77bn last yearThe UK is the world's third largest recorded music market behind the United States and Japan, respectively
Analysis Blog On… the value of ‘storytelling’ in the marketplace of ideasThe following op/ed comes from long-time music industry journalist, Eamonn Forde
News Spotify challenges YouTube, launching music videos for Premium users in 11 marketsThe 11 markets include the UK, Germany, Italy, the Netherlands, Poland, Sweden, Brazil, Colombia, Philippines, Indonesia, and Kenya.
News Opulous unveils AI-driven future music royalties calculation tool, says it can ‘remove months of labor-intensive work for labels and investors’Opulous, from the team behind Ditto Music, unveils new tool for OPUL token holders