Music Business News: United Kingdom
News Platform claims to provide 'a unique range of user-friendly tools and engagement opportunities to creators working in music.' News According to MIDiA, streaming revenue grew 6.2% YoY to $22.2 billion News The recorded music industry group is warning of risks to the UK industry from increased competition and proposed AI rules Analysis News Blackstone confirms it's deleting the Hipgnosis name as the brand for its music assets and operation News The music giant described the proposed copyright reforms in the UK as a threat to an industry that contributes £7.6 billion annually to the UK economy News The company aims to differentiate itself by offering a one-stop shop for clients looking to add music to media News Virgin describes Pope as a “pioneer in the development of the digital music business” News Company swung to an operating loss of £33.26 million