News Sacem’s revenues jumped 34% to $1.49bn in 2022. How did that compare to other leading PROs? Sacem paid out €1.056 billion ($1.112 billion) to authors, composers and publishers worldwide in the year, marking a 19% YoY jump
Analysis News Microsoft is developing an AI rap generator, DeepRapper – trained on a large set of songs ‘crawled’ from the web DeepRapper is one of a number of projects being developed in China by Microsoft's Muzic AI team
Analysis News AI is an ‘iPhone moment’ for the music biz, and 3 other things we learned from Guy Oseary’s interview at the NMPA’s annual meeting Four things we learned from Oseary’s chat with NMPA President and CEO David Israelite
News AI music platform that streams fake Drake tracks raises $20m Platform features AI versions of many popular artists
News 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
News Dr Jan Fischer appointed CEO of Warner’s EMP Merchandising Fischer’s appointment as CEO follows the departure of his predecessor, Ernst Trapp, last month
Analysis 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
News ASCAP unveils initiatives around AI to ‘help music creators navigate the future while protecting their work’ Organization has laid out a set of principles and advocacy positions with respect to AI
Analysis News Music publishers sue Twitter for $250m+ alleging ‘rampant infringement of copyrighted music’ Publishers claim that "Twitter fuels its business with countless infringing copies of musical compositions".
News Believe, EMPIRE, Spotify, Amazon Music and more team up to form global task force ‘aimed at eradicating streaming fraud’ Digital music companies form 'Music Fights Fraud'
News Spotify fined $5.4m by Swedish privacy regulator The case stems from a complaint filed in January 2019
News European Parliament working on music streaming market report Artists' remuneration from music streaming expected to “dominate” the study, reports Politico
News FTC asks US court to block Microsoft’s $69bn takeover of Activision Blizzard US Federal Trade Commission is asking a court to block the sale of video game giant Activision Blizzard to Microsoft
News Concord renews partnership with Pan-European licensing hub ICE Core in multi-year deal ICE was formed by three collection societies: PRS for Music (UK), STIM (Sweden) and GEMA (Germany)
News Warner Music Group ventures into games publishing with ‘Invector: Rhythm Galaxy’ WMG parters with game studio, Hello There Games