Analysis Analysts are starting to believe that AI may be an existential threat for the major labels. Is that overly pessimistic? Why the majors' market share is stronger than you might think – just as so-called virtual idols come to prominence in China
Analysis As major label market share falls on Spotify, can we expect even more indie investment from the ‘Big Three’? As industry dynamics shift, are we going to see artist and label services divisions grow in importance for the majors?
News Disney shuts down metaverse division amid restructuring – report Move affects around 50 employees, The Wall Street Journal reported on Tuesday (March 28)
News Turntable LIVE raises $7m in seed round to launch social music platform Round was led by Founders Fund and f7 Ventures
News Epic Games to share 40% of Fortnite purchase revenue with ‘island’ creators Epic says that its flagship game has more than half a billion player accounts
Interviews ‘A lot of people are advocating for changes in the models of existing streaming services. I feel like that ship has sailed.’ MBW's Inspiring Women series talks to Vickie Nauman about her career at the crossroads between music and technology, from Napster to Web3
News Hipgnosis exec Tony Barnes named as co-founder of metaverse startup Karta Karta is a metaverse studio that offers in-game experiential marketing for musicians, brands and sports teams
News Hipgnosis strikes licensing deal with personalized music-for-gaming firm Reactional Music Deal opens company's song catalog to be used in gameplay using Reactional's tech
News Shamal Ranasinghe appointed Chief Business Officer at Web3 music streaming platform Audius Exec joins Audius from SiriusXM/Pandora
News Former Warner boss Steve Cooper joins board of Quincy Jones-backed NFT platform OneOf Web3 company and NFT marketplace claims that its “Green NFT platform” mints NFTs that are up to “2 million times more energy efficient” than its rivals
News TikTok rival Triller acquires influencer marketing firm Julius Founded in 2012, Julius connects influencers with brands and agencies
Interviews TikTok, indie tracks, AI, and tech-driven ‘efficiencies’: Robert Kyncl’s first earnings call at WMG wasn’t short on punchiness MBW digests the new Warner boss's first-ever earnings call
Analysis News Spotify wants 50 million creators on its platform by 2030. BandLab already has 60 million. And wait until you read how many tracks are being made on the Singapore-headquartered platform each month...
News Warner launches Rhythm City, a ‘music-themed social experience’ on gaming platform Roblox Rhythm City will host virtual concerts and events featuring select WMG artists.
News YouTube and Goldenvoice renew exclusive multi-year deal for Coachella livestream The 2023 Coachella will mark the 11th year that YouTube will be livestreaming the event