News Warner Music Group buys stake in Hungarian record label Magneoton Financial terms of the stake purchase were not disclosed in a press release announcing the move
Analysis News The US recorded music industry grew by $500m on a wholesale basis in 2022. The US music publishing industry grew by nearly double that amount. Boosted by CRB result and record performance income, the US music publishing industry flew last year
News Cinq Music invests in Street Mob Records, fortifying its position in regional Mexican genre Cinq has raised large amounts of money through a series of funding rounds over the past several years, including a $100-million injection from GoDigital in 2022
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 As Latin Music explodes worldwide, Chinese superstar G.E.M plans release of Spanish-language album in partnership with Warner Music Asia Singer claimed to be the first Mandopop artist to release a full-length Spanish language album
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 From the Taylor Swift catalog sale saga to music publishers’ $250m lawsuit against Twitter… it’s MBW’s Weekly Round-Up The biggest music biz headlines from the past week, all in one place
News Return of the SPAC? Entertainment and sports-focused ESH Acquisition Corp prices $100m IPO Blank check company may pursue "record labels, music and television streaming services, production companies and publishing houses."
News TikTok plans to invest ‘billions of dollars’ in Southeast Asia Company's CEO was speaking at a forum organized by TikTok in Singapore
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 Reliving the Taylor Swift catalog sale saga (and following the money…) MBW uncovers exclusive facts about the buying and selling of the catalog of the world's biggest megastar
News Soundtrack Your Brand closes $15m funding round led by Matt Pincus’ MUSIC Soundtrack Your Brand was founded in 2013 by Ola Sars
News BMG acquires recordings catalog of iconic British rock group The Hollies Company says that it concluded more than 45 acquisitions over the course of 2022
News European Parliament working on music streaming market report Artists' remuneration from music streaming expected to “dominate” the study, reports Politico