Music Business News: United States

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$125m-backed Suno is being used to make racist and antisemitic music

Suno users are making music with hateful messages, according to report from the Anti-Defamation League (ADL)

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Universal Music Group’s merch company Bravado unveils new leadership structure

Colin McIntosh named Chief Financial Officer amid other appointments

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Amra has invested more than $50m in its tech to date – with most of it spent in the past 3 years

The company claims that these enhancements have directly resulted in an uplift in revenues

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FTC refers TikTok complaint to Justice Department over child privacy concerns

TikTok said it's 'disappointed the agency is pursuing litigation instead of continuing to work with us on a reasonable solution'

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Swizz Beatz and Timbaland’s Verzuz returns with exclusive distribution partnership with Elon Musk’s X

Swizz Beats and Timbaland recently reacquired the Verzuz series from TikTok rival Triller

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Queen catalog to be acquired by Sony Music in $1.27bn deal (report)

Sony Music Entertainment is set to acquire the catalog of legendary rock band Queen in a landmark deal worth GBP £1 billion (USD $1.27 billion at current exchange rates). That’s according to Hits, which reported on Wednesday (June 19), citing sources, that Sony Music has emerged as the winning buyer for Queen’s recording and publishing … Continued

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TikTok launches interactive Taylor Swift experience celebrating The Eras Tour

Swift's in-app experience is the first and longest-running feature of its kind on TikTok

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Meta’s new generative AI model can take chords or beats and turn them into songs

The company will make the model available to other developers to build tools from it