Analysis News From Anghami’s 200,000 AI-generated songs to the latest copyright infringement lawsuit against a US ISP… it’s MBW’s Weekly Round-Up Our biggest stories of the week, brought to you in association with Centtrip
Analysis News Another music streaming service is making its own AI-generated songs – and it’s on course to create over 200,000 of them. MENA-focused Anghami claims that it will soon become the first platform to host over 200k songs generated by AI.
Interviews ‘The vinyl business is only going to grow. At the moment it’s where MP3 players were in the ‘90s.’ In this interview, we speak to Steve Rhodes, Co-founder and CEO of UK-based 'vinyl-on-demand' startup, elasticStage
News Deezer teams up with LyricFind, Zebralution and 12 others for EU-funded lyric translation project The EU has granted €2 million for the four-year project
News Chartmetric launches ‘V2’ of its platform, including new track filtering capabilities Tracks Lists feature enables users to filter the 80 million+ tracks in Chartmetric’s database using 20 different metrics across 11 different platforms
Analysis News SoundCloud’s revenues grew 19% YoY to $273m in 2021. Now it’s predicting that ‘fandom will be the next big format for the music business’. 2021 was the first year that SoundCloud's annual revenues topped a quarter of a billion dollars
Interviews ‘A&R is not just about the music, it takes empathy and care and a desire to make things happen.’ Rima Tahini, Director of A&R for Nigeria-based label, Mavin Records, discusses lessons learned across her career and challenges in the African music market
News Capitol Music Group bolsters marketing and artist development teams, with 6 execs appointed to VP roles CMG names or promotes Jessica Eason, Zoe Gillespie, Katie Haffenden, Chris Kershaw, Byron Miller and Alex Williams to VP roles
News Bad Bunny grosses $435m from 81-date tour in 2022, setting new all-time calendar year record Previous record was set by Ed Sheeran in 2018 for his Divide tour, which amassed $432.3m
Analysis News DaBaby and Roddy Ricch sued for alleged copyright infringement over their 2020 megahit, Rockstar Rockstar by DaBaby (feat. Roddy Ricch) has been streamed over 1.47 billion times on Spotify alone
News Triller responds to Sony Music lawsuit over unpaid licensing fees SME sued Triller for allegedly failing to pay millions of dollars' in contractual licensing fees
Analysis News Music now has over 616 million paying streaming subscribers globally Research firm estimates that Tencent Music Entertainment (TME) overtook Amazon Music to become the third largest DSP globally at the end of 2021
News Xplicit signs with Electric Feel Entertainment and Sony Music Publishing New management team and publishing partner for hit songwriter
Analysis News TuneCore has paid out $3bn to self-releasing artists to date TuneCore reported further that its music publishing division has paid artists close to $90 million to date
Analysis News Hipgnosis Songs Fund revenues climb 7.5% YoY, streaming revenues up 15.8% YoY, in most recent half-year period Positive signs for Merck Mercuriadis-led company in latest set of public figures