News With 2bn plays on YouTube per day, Epidemic Sound swung to positive EBITDA in 2022 Epidemic's solid gain in net sales in 2022 was made on “significantly stronger streaming revenues,” the company said in a statement
News Sony Music Entertainment UK relaunches Epic Records in the UK, led by Sarah Lockhart Epic Records UK will operate alongside other Sony Music labels in the UK including RCA, Columbia, and Ministry of Sound
News The Gap Band heirs drop lawsuit against BMG over ‘Uptown Funk’ royalties The case was dismissed "without prejudice" in Manhattan Federal court on April 18
Analysis Bill Ackman thinks there’s a lot of growth ahead for Universal Music Group. These analysts agree. Ahead of Universal's Q1 results tomorrow, a number of Wall Street watchers are reiterating their faith in music's biggest company
Analysis News Spotify confirms it’s working with labels to quell copyright threat from AI music Spotify is taking concerns about the impact of AI-generated music on entertainment rightsholders seriously, says Daniel Ek
Analysis Deezer is ‘supportive’ of helping labels battle deluge of AI music… while also making its own AI music for its ‘Zen by Deezer’ app Jeronimo Folgueira, CEO of France-based Deezer, discusses the music industry's biggest hot topic on call with analysts
News 50% of vinyl buyers in the US don’t own a record player, data shows Luminate survey reveals surprising stat about what happens to format after it's purchased in world's biggest music market
News UK-listed Round Hill Music Royalty Fund posts 32% YOY revenue jump to $32.4m in 2022 Fund has invested in over 120,000 songs across 51 catalogs
News Warner Music UK Announces Joint Venture with Gilles Peterson’s Brownswood Recordings The first release under the new partnership will be Yussef Dayes’ debut album Black Classical Music
News Primary Wave makes strategic investment in India’s Times Music in deal worth $100m Partnership will see Primary Wave and Times Music invest in catalog opportunities in the Indian market
News Blackstone-owned production music house Audio Network buys Latin Music company Voodoo Tracks Deal marks company's first-ever acquisition of a music catalog
News Warner Music Singapore inks global distribution deal with Cross Ratio Entertainment Companies to work closely on new releases, catalogs, brand partnerships and more
News Reach Music acquires master and publishing rights for first two Judas Priest albums Reach buys both the master and publishing rights of Rocka Rolla and Sad Wings of Destiny from Gull Entertainments
News Songwriter Louis Bell sets new RIAA record with 8 Diamond-certified singles Louis Bell becomes first songwriter to achieve eight RIAA Diamond-certified singles, six of which he created in collaboration with Post Malone
News Warner Music’s WMX launches visual podcast series exploring The Notorious B.I.G.’s final album Series is entitled Iconic Records: Life After Death