News Cinq Music Group hires ex-UMG exec Amanda Tumulty as VP, Global Marketing Prior to joining Cinq, Tumulty spent over five years at Universal Music Group on the Global Consumer Marketing team specializing in Marketing Strategy & Operations.
News No, Diddy isn’t paying Sting $5K a day for sampling ‘Every Breath You Take’. Multiple media outlets reported the figure, but Diddy now says it was a joke.
News Canadian fund ICM buys High Society Management catalog including songs by Puerto Rican rapper Anuel AA ICM was established via a partnership between ICM Asset Management and Crescendo Royalty Corporation in July 2020
Analysis News Why did Universal ask YouTube to take down an AI-generated Eminem ‘cat-rap’ track? On this occasion, UMGs concern was with the music, rather than with the AI vocals, say MBW sources
Analysis Blog Why the power of AI may hold the key to distributing wealth throughout the music industry (Part 1) This MBW op/ed comes from Ran Geffen, founder of XR connect development agency OMR and CEO of Amusica Song Management in Israel.
News After raising $10.25m, AI music app Moises reaches 30m registered users Startup has attracted investors in both the US and Latin America
Analysis Could Robert Kyncl’s ‘multiplier’ plan improve the way artists are paid from music streaming? Speaking to Morgan Stanley, the Warner Music Group chief outlined a model that would reward certain artists more than others on streaming platforms
News Anitta and Warner Music Group part ways ‘after eleven years of successful partnership’ Anitta signed with Warner Music Brazil in 2013 and with Warner Records in 2020
Interviews Can this Swedish entrepreneur unlock $40 billion in new money for the music business? Ola Sars, founder of Soundtrack Your Brand, explains his vision for a much bigger music rights industry
News NetEase Cloud Music renews deal to distribute Rock Records’ catalog in China Rock Records was established in 1980 by Tuan Chung-tan and Tuan Chung-i
Analysis How I Learned to Stop Worrying and Love The Algorithm (And You Can Too) Conrad Withey, founder and CEO of Instrumental, on why today's new music business excites his company... and his 9 things NOT to do as a modern label
News Disney shuts down metaverse division amid restructuring – report Move affects around 50 employees, The Wall Street Journal reported on Tuesday (March 28)
News Hipgnosis acquires ‘Despacito’ co-writer Erika Ender’s catalog Hit song was written alongside Luis Fonsi and Daddy Yankee
News Kakao officially SM Entertainment’s largest shareholder with 39.9% stake, as HYBE holds onto 8.8% News culminates months-long corporate battle against SM rival HYBE to take control of the K-Pop agency
News Warner to reduce global workforce by around 4% as company makes ‘hard choices in order to evolve’ Warner Music Group is reducing its global team by around 270 people