Music Business News: United States
News Venu described the deal as a single-lender bridge funding that will carry the 12,500-seat Regent Bank Amphitheater to completion in fall 2026.
News The Sphere segment, which runs the Las Vegas venue, generated revenues of $226.4 million, up $50.8 million, or 29%, year-over-year.
News Per MBW's calculations, UMG artists could be in line for approximately $131 million of the money.
News Comments landed hours after Spotify announced a licensing agreement with Merlin
Analysis The following MBW op/ed comes from Reed Smith LLP's Nick Breen and Joshua Love
News Yu will be responsible for overseeing the business, legal, and governmental affairs strategies and activities for the company globally.
News Grande asked the court to "render judgment in favor of Grande," arguing that the labels cannot prove contributory infringement under the standard set by Cox.
Analysis News Spotify's total Monthly Active Users, which combine paying users and ad-supported users, reached 777 million