News HYBE-signed K-Pop stars Le Sserafim partner with games developer Blizzard Entertainment for Overwatch 2 collaboration The deal marks the game’s first musical artist collaboration
Uncategorized Analyst that double-downgraded Universal Music Group over AI, streaming concerns earlier this year just upgraded firm’s stock William Packer at BNP Paribas Exane has been impressed by UMG's Deezer deal and its work with AI companies
Analysis News Gap between music and video streaming prices widens as Netflix announces $3 hike to Premium subscriptions Netflix Premium will now cost $22.99 per month in the US, up $3 from $19.99, an increase of 15%
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
News Former Syco MD’s Funfair Records inks marketing and distribution deal with AWAL Funfair is backed by Coran Capshaw and James Sandom at Red Light Management
News After raising over $10m, Moises unveils AI-powered ‘Voice Studio’ that lets artists license and sell their own voices Company surpassed 30 million registered users on its platform earlier this year
News BMG expects to spend another $400m on catalog acquisitions this year – and just made its largest ever recorded music acquisition in France BMG has acquired the recorded music catalog of superstar French DJ and electronic music artist Martin Solveig
News Avex USA forms JV with Coup D’Etat Music to sign Nigerian Afrobeats star Victony Artist has also signed a record deal with Joie Manda’s Encore Recordings
Analysis News BMI will pay songwriters and publishers a smaller portion of its revenues as a for-profit company – while upping its own margin from 10% to 15% of collections. Will its members tolerate this change? New revelations from Michael O'Neill shows that BMI is planning to increase its retained revenues by a third
News Riot Games launches HEARTSTEEL, the latest addition to its roster of virtual artists Baekhyun, member of boy band EXO, will be the voice of one of the virtual band's singers, Ezreal
News Edgar Bronfman Jr.’s $200m SPAC shuttered in August with no acquisition, 24 months after IPO Bronfman is a partner at a separate investment company called Waverley Capital, which via its Waverley Capital II Fund has invested in companies such as Wondery and generative AI startup Endel
News Anghami issued with Nasdaq warning over share price Nasdaq rules require listed businesses to maintain a minimum share price of USD $1.
News Citrin Cooperman reduces CRB III royalties windfall estimate for Hipgnosis Songs Fund by $11.8m, causing HSF board to halt October’s interim dividend Reduction in calculation leaves HSF investors without an interim dividend, which was due to be paid on October 27
News Lanre Masha appointed Director, West Africa at The Orchard Exec is stationed at the company’s Lagos office
Analysis Major record companies hate AI voice-cloning platforms that don’t pay. The one they hate most was created by a 20-year-old UK student. How the RIAA is tuning its legal attention towards a 20-year-old UK student who is making "quite a lot" of money from his AI site