Music Business News: United States

Concord bows out of Hipgnosis bidding war, saying its $1.51bn offer is ‘final and will not be increased’

The race to acquire UK-listed Hipgnosis Songs Fund has taken a turn today (May 9) as Concord announces that it will not raise its latest offer – leaving global investment firm Blackstone as the frontrunner in the ongoing takeover battle. The bidding war for Hipgnosis Songs Fund (HSF), a company boasting a vast music catalog, … Continued

News

Lil Durk relaunches OTF label via AWAL partnership

OTF will benefit from AWAL's infrastructure, artist development expertise, and creative experience to identify and support talent

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Kristal McKanders Dube to lead Global Corporate Communications for BMG

McKanders Dube joins BMG after nearly six years at Warner Music Group

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Annie Aberle promoted to Senior Vice President/Head of Creative at PULSE Music Group

Aberle was previously Vice President, A&R, PULSE Music Group

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Tuned Global-powered kid-safe music streaming app Gabb Music launches premium version

"This is the first time a music streaming service that includes all genres has been built from the ground up with kids in mind first and foremost"

Analysis News

Universal Music Group sees a future where 1 in 5 streamers pays for a ‘super-premium’ tier (and 3 other things we learned from UMG’s Q1 earnings call)

MBW listened into UMG's Q1 earnings call. Here are a few things that stood out...

Analysis Blog

‘The integration of AI into the music industry heralds a symphony of transformative possibilities.’

The following op/ed comes from Daouda Leonard, manager of Grimes and founder of Los Angeles-based AI development studio CreateSafe

News

TikTok sues US government over ‘unconstitutional’ divest-or-ban law, says sale by ByteDance is ‘impossible’

The Chinese government 'would not permit' the sale of TikTok's code to a non-Chinese company, the complaint alleges