Music Business News: United States

BMI beats rate court dispute vs concert promoters, giving songwriters 138% raise in US

BMI affiliates will receive a rate that is 138% higher than the historical rate

Katie Soo appointed Chief Business Officer at mobile ticketing firm DICE

Company reports that 2022 was its biggest year to date

Elon Musk and Apple co-founder Steve Wozniak amongst hundreds of tech and science leaders calling for 6-month pause on ‘training of AI systems more powerful than GPT-4’

Other signatories include three researchers from Google/Alphabet's DeepMind

The major record companies release around 3,900 tracks every day. Their problem? That’s a drop in the ocean.

The major music companies release only 4% of the daily deluge of tracks hitting audio and video streaming services, new data shows.

Primary Wave buys artist royalties of Lynyrd Skynyrd drummer and founding member, Bob Burns

Company says 'multi-million dollar deal' encompasses all recordings from the band’s first two albums

Apple Music Classical streaming app officially launches

App is now available worldwide where Apple Music is offered

Turntable LIVE raises $7m in seed round to launch social music platform

Round was led by Founders Fund and f7 Ventures

Tuned Global names Pacemaker co-founder Jonas Norberg as first Head of AI

Company is also expanding its technical team in Europe