Music Business News: United States

Spotify to launch more expensive ‘Supremium’ tier that includes HiFi audio (report)

Daniel Ek's company is reportedly readying an entirely new, higher-priced subscription tier

AI music platform that streams fake Drake tracks raises $20m

Platform features AI versions of many popular artists

AEG strikes multi-year naming rights deal with Peacock streaming service for L.A. Live’s Microsoft Theater

Microsoft Theater to be renamed to Peacock Theater as part of new deal

‘These relationships weren’t made by sending beats, they had to be built. We had to meet and like each other, go through ups and downs.’

MBW’s World’s Greatest Producers series interviews Bryan-Michael Cox

AI music that contains ‘no human authorship’ won’t be eligible for a Grammy Award

Recording Academy updates its rules to include a section on AI for the 2024 Grammy Awards

From the Taylor Swift catalog sale saga to music publishers’ $250m lawsuit against Twitter… it’s MBW’s Weekly Round-Up

The biggest music biz headlines from the past week, all in one place

Return of the SPAC? Entertainment and sports-focused ESH Acquisition Corp prices $100m IPO

Blank check company may pursue "record labels, music and television streaming services, production companies and publishing houses."

What does the EU’s new AI Act mean for tech startups and rightsholders?

Rightsholders such as publishers will likely find something to like - and tech companies may find something to dislike - in the EU's AI Act