News Mike Caren joins Futureverse AI text-to-music venture JEN as a founding Partner Futureverse raised $54m in a series A funding round this summer from backers including 10T Holdings and Ripple
News Caron Veazey joins Three Six Zero’s management/entertainment partnership unit as Partner Veazey brings to the partnership METTE, a new talent fresh from the launch of her EP, METTENARRATIVE (Since 93/RCA).
News From Spotify changing its royalty model to Universal’s $3bn in Q3… it’s MBW’s Weekly Round-Up The five biggest stories to hit our headlines over the past seven days
Analysis Hipgnosis Songs Fund has been left concussed by ‘discontinuation’. But with a seemingly rock solid ‘call option’, Merck Mercuriadis still holds all the cards. On: Hipgnosis Songs Fund, the all important 'call option', Blackstone, and the most likely outcome of this week's mess
News Brazilian authorities take down illegal file-sharing site FileWarez in win for record companies At its peak, the platform boasted over 118,000 registered users
Analysis Spotify is embracing elements of Universal Music Group’s ‘artist-centric’ royalties model – following a new multi-year licensing deal between UMG and Daniel Ek’s platform Spotify's plans fit with the broad hopes of Sir Lucian Grainge's wishes as outlined at the start of 2023
News Spotify’s price hike didn’t hurt subscriptions, and 3 other things we learned on its latest earnings call MBW listened in to SPOT's Q3 earnings call. Here's what we learned...
News Grimes and CreateSafe partner with Slip.stream to make 200+ GrimesAI songs available to content creators Partnership will allow creators to incorporate GrimesAI songs in their videos, podcasts and livestreams
News Spotify is changing its royalty model to crush streaming fraud and introduce a minimum payment threshold. Its plan? To shift $1 billion in payouts towards ‘working artists’ over the next 5 years. Exclusive: Music Business Worldwide has learned of Spotify's plan to introduce a number of new measures in Q1 2024 – and shift $1 billion away from bad actors
News Music distributor Alliance Entertainment generated calendar Q2 revenues of $247m, down 7% YoY Company has published its fiscal Q4 (calendar Q2) results for the three months ended June 30
News Juice WRLD estate, Dr. Luke sued over royalties for ‘Not Enough’ The lawsuit also names as a defendant music publisher Opus Music Group, which acquired a large stake in Juice WRLD’s catalog earlier this year.
Analysis The music industry obsesses over the wrong kind of ‘discovery’. MBW founder, Tim Ingham, on the strange reasons we fall in love with artists, and how hard that is to measure
Analysis 3 observations on… how Japan’s music industry caters to (and relies on) ‘superfans’ more than any other market Examples of how Japan's music business has fostered a special kind of connection with superfans in its market
News Simon Cowell buys stake in content creator streaming startup Lounges.tv The Times reports that the startup is close to completing a £2.5m funding round that will value the business at £20m
News Hipgnosis Songs Fund confirms that Merck Mercuriadis has an option to buy all of its rights if his investment advisory company is terminated Hipgnosis Songs Fund board announces Strategic Review of company, while confirming its investment advisor's key contractual clause