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From musicbusinessworldwide.com

$500m-valued Suno hit with new copyright lawsuit from Germany’s GEMA - Music Business Worldwide

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GEMA represents the copyrights of around 95,000 members in Germany (composers, lyricists, music publishers) as well as over two million rightsholders worldwide.

on Tue, 2PM

From musicbusinessworldwide.com

There are now over 200m tracks on audio streaming services. Nearly 100m of them aren’t played more than 10 times each year. - Music Business Worldwide

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MBW explains new stats revealed by market monitor and analysis platform Luminate today (January 15)…

on Thu, 1AM

From musicbusinessworldwide.com

UK’s plan to make copyright law more AI-friendly raises concerns - Music Business Worldwide

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Reforms to laws on data mining and scraping could could trigger ‘a US tech-led heist of UK copyrighted works.’

on Jan 15

From musicbusinessworldwide.com

Sony Group pledges $5M for California wildfire relief - Music Business Worldwide

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The parent of Sony Music is among a growing number of corporations donating to disaster relief efforts amid Southern California’s devastating wildfires.

on Jan 14

From musicbusinessworldwide.com

Daniel Ek cashed out $93m in Spotify stock in December

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Spotify CEO and co-founder, Daniel Ek, cashed out over $370 million across the course of 2024. Fellow co-founder, Martin Lorentzon, cashed out over $550 million.

on Jan 11

From musicbusinessworldwide.com

Daniel Ek poured €100m into Helsing AI last year. The startup just partnered with a European arms manufacturer - Music Business Worldwide

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Daniel Ek-backed company strikes strategic partnership with Germany-based automotive and arms manufacturer…

on Jan 7

From musicbusinessworldwide.com

Universal Music Group and Amazon Music ink new deal, including exclusive content… and with ‘Streaming 2.0’ at its heart - Music Business Worldwide

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Universal Music Group (UMG) and Amazon Music have jointly announced a renewed worldwide licensing agreement today (December 23). According to a press release, the deal encompasses an “expanded global…

on Dec 23

From musicbusinessworldwide.com

Downtown confirms layoffs at CD Baby amid restructuring - Music Business Worldwide

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The company says it’s “re-allocating resources towards long-term growth opportunities.”

on Dec 13

From musicbusinessworldwide.com

Sony Music pulls catalog from Africa-focused music streaming service Boomplay - Music Business Worldwide

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Sources tell MBW that concerns have been growing at other rightsholders over late royalty payments from the platform…

on Dec 11

From musicbusinessworldwide.com

Daniel Ek just cashed out $35.8 million in Spotify shares. But that’s nothing compared to his co-founder… who just cashed out $383.8 million. - Music Business Worldwide

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Spotify’s share price is flying. Following the firm’s announcement of its Q3 2024 results on Tuesday (November 12), SPOT’s stock price jumped on the NYSE, closing at an all-time high of USD $477.50…

on Dec 5

From musicbusinessworldwide.com

Clemens Trautmann promoted to President of Deutsche Grammophon and New Business Strategy - Music Business Worldwide

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He has served as President of Deutsche Grammophon for the past nine years…

on Nov 28

From musicbusinessworldwide.com

Record labels have sent ‘hundreds of thousands’ of copyright infringement notices to Verizon. Now they’re suing the internet provider for over $2bn - Music Business Worldwide

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Record companies sue ISP for alleged ‘massive copyright infringement committed by tens of thousands of its subscribers’.

on Nov 27

From musicbusinessworldwide.com

OpenAI just won a copyright battle brought by two news outlets. What could this mean for the music industry’s lawsuits against AI firms? - Music Business Worldwide

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Some observers say the ruling weakens music companies’ claims against AI developers, but the OpenAI case is very different from the music cases.

on Nov 15

From musicbusinessworldwide.com

ChatGPT maker OpenAI, valued at $157bn, sued by GEMA in Germany over unlicensed use of song lyrics - Music Business Worldwide

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GEMA represents the copyrights of around 95,000 members in Germany (composers, lyricists, music publishers) as well as over two million rightsholders worldwide…

on Nov 13

From musicbusinessworldwide.com

TikTok vows court battle as Canada orders shutdown of local subsidiary - Music Business Worldwide

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A government review of TikTok’s Canadian operations found “specific national security risks” around the company.

on Nov 9

From musicbusinessworldwide.com

Believe and TuneCore say they ‘strongly refute’ copyright infringement claims in UMG’s $500m lawsuit and ‘will fight them’ - Music Business Worldwide

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The lawsuit, filed on Monday (November 4) alleges that Believe has built its business through industrial-scale copyright infringement’…

on Nov 6

From musicbusinessworldwide.com

Audiomack hits 10m active users; strikes partnership with India’s oldest label, Saregama - Music Business Worldwide

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The partnership comes as Audiomack announces it has hit 10 million active users globally.

on Nov 5

From musicbusinessworldwide.com

Sir Lucian Grainge talks acquisition strategy, AI and converting paid streaming subscribers to superfans on Universal’s Q3 earnings call - Music Business Worldwide

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UMG published its Q3 financial results on October 31. Here’s what was said on the company’s Q3 earnings call…

on Nov 5

From musicbusinessworldwide.com

UMG sues Believe and TuneCore for $500 million, alleging ‘industrial-scale copyright infringement’ - Music Business Worldwide

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Lawsuit focuses on so-called ‘manipulated’ audio remixes of copyrighted tracks…

on Nov 5

From musicbusinessworldwide.com

Quincy Jones, legendary producer, composer and music executive, dies aged 91 - Music Business Worldwide

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In a career spanning seven decades, Jones earned 80 Grammy Award nominations and 28 wins…

on Nov 4

From musicbusinessworldwide.com

DistroKid to lay off 37 union workers - Music Business Worldwide

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DistroKid estimates that it distributes 30-40% of all new music in the world…

on Oct 31

From musicbusinessworldwide.com

Suno, with a $500m valuation, has admitted training its AI on copyrighted music. It just named Timbaland as a strategic advisor. - Music Business Worldwide

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‘We’re going to open up the floodgates for generations of artists to flourish on this new frontier.’…

on Oct 24

From musicbusinessworldwide.com

Kenny Gates on [PIAS] sale: We have an amazing future ahead… and f**k the haters. - Music Business Worldwide

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Gates described the future setup for the company he co-founded in a message to staff…

on Oct 18

From musicbusinessworldwide.com

Universal Music sues Chili’s restaurant chain owner over alleged copyright infringement in social media ads - Music Business Worldwide

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The restaurant chain could be on the hook for up to $12 million in statutory damages.

on Oct 18

From musicbusinessworldwide.com

Universal Music Group completes 100% acquisition of [PIAS] Group - Music Business Worldwide

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Kenny Gates has signed a long-term contract to continue as head of his company’s label group…

on Oct 17

From musicbusinessworldwide.com

Sony Music settles lawsuit against Marriott Hotels over alleged ‘rampant’ infringement in social media posts - Music Business Worldwide

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It’s unclear whether Sony and Marriott reached an out-of-court settlement in the case.

on Oct 10

From musicbusinessworldwide.com

Free streaming app Musi sues Apple over removal from App Store - Music Business Worldwide

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The legality of Canadian-born Musi has been an issue ever since it was launched a decade ago.

on Oct 9

From musicbusinessworldwide.com

Adele, Kendrick Lamar music videos return to YouTube as platform strikes deal with SESAC

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SESAC strikes deal with YouTube ‘to equitably compensate SESAC’s songwriters and publishers for the use of their music.’…

on Oct 2

From musicbusinessworldwide.com

T.I. and Tiny win $71m judgment in OMG Girlz copyright infringement case - Music Business Worldwide

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Rapper T.I. and singer-songwriter Tameka “Tiny” Harris-Cottle have won an intellectual property rights battle against a major US toymaker…

on Oct 1

From musicbusinessworldwide.com

TikTok Music is over. But elsewhere, TikTok is making some interesting music-related moves… - Music Business Worldwide

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Here are three interesting things MBW has spotted about TikTok’s music moves in recent weeks…

on Oct 1

From musicbusinessworldwide.com

TikTok is shutting down TikTok Music

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Music subscription service is currently live in five territories including Australia, Brazil, and Indonesia.

on Sep 24

From musicbusinessworldwide.com

YouTube is developing tools to detect AI-generated voices and faces in videos - Music Business Worldwide

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YouTube’s move is part of a growing effort by media platforms to rein in misuse of AI technology.

on Sep 17

From musicbusinessworldwide.com

Spotify: We accounted for less than 1% of $10m generated in US streaming fraud case - Music Business Worldwide

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The company says it “invests heavily” in tools to detect and prevent streaming fraud.

on Sep 15

From musicbusinessworldwide.com

Audius strikes global licensing deal with Kobalt - Music Business Worldwide

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The deal gives Kobalt-signed songwriters access to Audius’ blockchain-powered marketplace.

on Sep 12

From musicbusinessworldwide.com

It’s time for streaming services to act on AI music - Music Business Worldwide

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The following MBW Views op/ed comes from Ed Newton-Rex, CEO of the ethical generative AI non-profit…

on Aug 30

From musicbusinessworldwide.com

Roblox strikes deal with DistroKid – but indie artists won’t be paid any money from it - Music Business Worldwide

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Roblox revenues are forecast to hit $3.5bn across the course of this year…

on Aug 14

From musicbusinessworldwide.com

Indies are nibbling into the majors’ streaming market share. After Believe saga, how might Warner Music Group respond? - Music Business Worldwide

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This article originally appeared within the latest MBW+ Monthly Review email, issued exclusively to MBW+ subscribers…

on Aug 8

From musicbusinessworldwide.com

Gloria Gaynor sues music producer for alleged copyright infringement, breach of contract - Music Business Worldwide

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Gaynor alleges that Diamond is falsely claiming to own the rights to a number of her works.

on Aug 5

From musicbusinessworldwide.com

Apple Music expands artist analytics tools with global radio monitoring - Music Business Worldwide

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Artists using Apple Music’s analytics tools will be able to track radio plays across 40,000 stations worldwide.

on Jul 31

From musicbusinessworldwide.com

14 NBA teams sued for copyright infringement over alleged use of music in social media posts without permission - Music Business Worldwide

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The lawsuits target the New York Knicks, Orlando Magic, Cleveland Cavaliers and Indiana Pacers, among others.

on Jul 25

From musicbusinessworldwide.com

Shazam users can now find artists’ Ticketmaster events through the app - Music Business Worldwide

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Ticketmaster’s partnership with Shazam follows its integrations with TikTok and Snapchat.

on Jul 11

From musicbusinessworldwide.com

Merck Mercuriadis to step away as Chairman of Hipgnosis Song Management - Music Business Worldwide

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‘I am excited about the company’s future and its ongoing success with the support of Blackstone.’…

on Jul 11

From musicbusinessworldwide.com

Songwriter groups hail ‘landmark victory’ as US Copyright Office issues rule confirming how termination rights apply to streaming royalties - Music Business Worldwide

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Rule clarifies that songwriters are entitled to collect mechanical royalties from streaming platforms after they reclaim their rights…

on Jul 10

From musicbusinessworldwide.com

25% of music producers are now using AI, survey says – but a majority shows strong resistance - Music Business Worldwide

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A majority of producers indicated they have concerns about losing control of their music.

on Jul 9

From musicbusinessworldwide.com

A warning sign? Sweden has fewer paying music subscribers than it did 2 years ago, according to YouGov survey. - Music Business Worldwide

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New report suggests that Swedish consumers are potentially becoming more price-sensitive for streaming music…

on Jun 29