Music Business News: United States

Music industry applauds introduction of ‘No AI FRAUD Act’ in US Congress

The proposed law would establish 'an intellectual property right that every individual holds over their own likeness and voice'

Analysis News

Global on-demand audio streams reached the 4 trillion mark for the first time ever in a single year in 2023

Market monitor Luminate has published its Year-End report for 2023

News

Apple Music Classical expands to China, Japan, South Korea and more

This expansion marks a key step for Apple Music Classical, reaching regions where classical music holds a deep cultural significance

News

Sony Music unveils ‘next generation immersive music experiences’ for Fortnite and Roblox

Projects are being led by the Sony Immersive Music Studios team

News

TikTok surpasses $10bn in-app spending milestone, poised to become top-grossing app in 2024 (report)

Research firm data.ai predicts TikTok users will be spending 40 hours on the app by the end of 2024, 13x more time than on YouTube

News

Sir Lucian Grainge: After ‘artist-centric’ royalties, UMG’s ‘next focus’ is ‘superfan experiences and products’

UMG is 'already in advanced discussions with [its] platform partners regarding this phase and will have more to announce in the coming months,' said Grainge in his New Year note to UMG staff

News

As SoundCloud considers options for sale (or investment), it hires ex-Kobalt exec Tom Sansone as CFO and COO

Sansone, who reports to Eliah Seton at SoundCloud, brings more than 20 years of global financial and operational experience with him across tech and music industries.

News

Tyler, The Creator was the top artist-songwriter in Q3 2023 on the NMPA’s Gold & Platinum program (based on RIAA Certifications)

The rapper and producer secured 17 Gold, Platinum and Multi-Platinum certifications in Q3 2023