News HYBE’s Weverse appoints Zooil Yang as President as superfan platform enters ‘next phase of growth’ Yang most recently served as CEO of AXZ, the Kakao-spun-off company that operates South Korea's Daum portal.
News Kakao’s Melon, Tencent Music, and Line Music to launch unified K-pop chart that pools streaming data from South Korea, China, and Japan Melon will upload congratulatory video messages from artists including NCT Taeyong, Le Sserafim, ALPHA DRIVE ONE, and AND2BLE ahead of the launch.
News Live Nation faces calls for another competition investigation as UK lawmakers flag live music market dominance MPs concluded that Live Nation meets the threshold for market dominance across multiple areas of the UK live music supply chain.
News Spotify and major music DSPs on alert as Canada triples streaming tax to 15% The Canadian Radio-television and Telecommunications Commission tripled the levy on Netflix, Disney+, and Amazon Prime Video to 15%.
News Udio’s licensed AI music app will be called Starstruck, with four creation modes for fans (Report) Starstruck will offer four modes for users to interact with music from opted-in artists and songwriters: Cover, Reimagine, Remix and Create.
News Warner Music partners with GZ Media to show unsold vinyl records can be recycled without compromising sound The pilot processed approximately 10,000 unsold records sourced across multiple artists, titles, and pressing plants.
News Spotify to reserve concert tickets for superfans on Premium tier; Live Nation confirmed as launch partner as companies strike multi-year deal Eligible fans will have what Spotify describes as 'a reserved window to purchase before tickets are on sale to the general public'
News Spotify and Universal Music Group strike landmark deal to let fans create AI covers and remixes – as a paid Premium add-on The agreements span both recorded music and music publishing, and will see the tool powered by generative AI technology.
News OpenAI preparing to file for IPO within days (Report) The company could file with the US Securities and Exchange Commission as soon as Friday (May 22), according to the WSJ and Reuters.
News After selling Taylor Swift her masters, Shamrock closes new $813M fund – targeting rights including music Shamrock's Content Strategy has grown to more than $3.3 billion in AUM across equity and debt products over the past decade
News Spotify extends ‘Verified’ badges to podcasts, further cracking down on AI impersonators Data from Podcast Index suggests that AI-generated shows now account for more than a third of new podcast feeds.
Interviews Udio CEO Andrew Sanchez on ‘walled gardens’ in AI music, Warner-Suno, and why he’s skeptical of attribution engines Sanchez spoke at a MBW x Raine breakfast networking event in London this morning
News Three Six Zero launches sports management division in partnership with Florian Schroeder’s PRJCT:A Florian Schroeder brings a roster of athletes including Chelsea and England defender Reece James and Australia international Sam Kerr.
News Vietnam’s DAO Music Entertainment strikes strategic partnership with The Orchard Deal gives DAO Music Entertainment access to The Orchard's global distribution network
News Spotify raises Premium prices in Canada by up to CAD $3 per month The Student plan remains unchanged at CAD $6.39 per month, while other tiers saw changes of CAD $1.30 to CAD $3.00 per month.