News Apple lifts lid on standalone ‘Apple Music Classical’ app Apple Music Classical will launch on March 28
News Shamrock buys portion of Metro Boomin’s publishing catalog for nearly $70m (report) Reported acquisition comes just a month after Shamrock raised more than $600 million in commitments for its third equity fund
Interviews News He built TikTok’s music AI tech. But he says robots will never replace human songwriters. Ed Newton-Rex joins MBW's podcast to talk AI, TikTok, and why we shouldn't be scared of the robots
News HYBE’s SM Entertainment takeover plan falls short, Kakao launches $960m offer for controlling stake SM Entertainment’s shareholders are not buying into HYBE’s plan to take control of its rival
Interviews Key Songs In The Life Of… Jérémy Erlich Spotify's Global Head of Music on the songs that have soundtracked his existence
News BMG strikes partnership with Sweden-based artist management company Scandinavian Talent Management STM specializes in music supervision, music publishing, and live events
News Milk & Honey signs trio of new clients, all songwriter/producers behind chart hits: JHart, The Elements, and Alexis Kesselman M&H founder, Lucas Keller, calls JHart "one of the greatest songwriters and voices in the business"
News Tuned Global acquires AI-powered music tech and DJ app company Pacemaker Pacemaker holds several patents for its proprietary AI technology
News TIDAL axes Direct Artist Payouts ‘experiment’ to redirect funding to emerging talent program TIDAL RISING $500,000 has been paid out via the program since November 2021
Analysis News Germany’s recorded music business generated $2.17bn in 2022, up 6.1% YoY Audio streaming accounted for 73.3% share of revenues
Analysis News The MLC has distributed $1 billion to songwriters to date Organization directly distributed more than $532.3 million in royalties to its members in 2022
News After securing $100m to buy film and TV music rights, Cutting Edge forms strategic venture with Village Roadshow Entertainment Deal covers all of VREG's past and future music publishing assets, soundtrack album releases and music supervision services
News From HYBE’s stake in SM Entertainment to Live Nation’s $9.6bn investment in artists… it’s MBW’s Weekly Round-Up Our biggest stories of the week, brought to you in association with Centtrip
Analysis News NetEase Cloud Music now counts over 611,000 registered independent artists NCM had 38.3 million monthly paying users at the end of 2022
News London’s V&A Museum acquires David Bowie archive with £10m donation from Blavatnik Family Foundation, Warner Music Archive covers more than 80,000 items from Bowie’s six-decade career