Author name: admin

MUSIC AI STARTUP HOOK EXPANDS SEED FUNDING ROUND TO $3.5M AND FORMS ADVISORY BOARD AMID PRIVATE BETA

New York-headquartered music AI technology startup Hook, which is developing tech to enable fans to legally remix popular music for social media use, announced today that it has secured additional investment, bringing its total seed funding round to $3.5 million. The announcement came nearly five months after Hook disclosed that it had raised $3 million in a round led […]

MUSIC AI STARTUP HOOK EXPANDS SEED FUNDING ROUND TO $3.5M AND FORMS ADVISORY BOARD AMID PRIVATE BETA Read More »

ELON MUSK’S X CAN’T SHAKE MUSIC PUBLISHERS’ MULTI-MILLION DOLLAR COPYRIGHT INFRINGEMENT LAWSUIT

A court in Tennessee is allowing a group of music publishers to proceed with certain elements of their multi-million dollar copyright infringement lawsuit filed against Elon Musk’s social media platform, X (or Twitter). The lawsuit was filed in June last year by 17 companies represented by the National Music Publishers Association, including prominent independent companies,

ELON MUSK’S X CAN’T SHAKE MUSIC PUBLISHERS’ MULTI-MILLION DOLLAR COPYRIGHT INFRINGEMENT LAWSUIT Read More »

LIVE NATION HITS BACK AT CLAIMS OF PRICE-GOUGING: ‘TICKETS ARE ACTUALLY PRICED BY ARTISTS AND [SPORTS] TEAMS’

Live Nation, the live music giant, has fired back at accusations that its dominance in the market, and that of its ticketing arm Ticketmaster, is the culprit behind skyrocketing concert ticket prices.  In an over 2,800-word blog post on Monday (March 4), the company vehemently denies responsibility for rising ticket prices, instead pointing the finger

LIVE NATION HITS BACK AT CLAIMS OF PRICE-GOUGING: ‘TICKETS ARE ACTUALLY PRICED BY ARTISTS AND [SPORTS] TEAMS’ Read More »

ROXY MUSIC’S BRYAN FERRY SELLS STAKE IN CATALOG TO IRVING AZOFF’S ICONIC ARTISTS GROUP

Irving Azoff’s Iconic Artists Group has struck a music rights deal with Bryan Ferry, the vocalist and principal songwriter of the British rock group Roxy Music. The deal encompasses a range of assets from Ferry’s career including his solo work, as well as his time with Roxy Music. The company has acquired 50% of Ferry’s

ROXY MUSIC’S BRYAN FERRY SELLS STAKE IN CATALOG TO IRVING AZOFF’S ICONIC ARTISTS GROUP Read More »

SESAC MUSIC GROUP STRIKES GLOBAL RIGHTS MANAGEMENT AGREEMENT WITH SOUTH KOREA’S KOSCAP

SESAC Music Group has entered into a global rights management agreement with the Korean Society of Composers, Authors, and Publishers (KOSCAP). As part of the deal, SESAC Performing Rights has chosen Seoul-based KOSCAP to represent its repertoire in South Korea. With this move, SESAC has become one of the first PROs to move its repertoire from

SESAC MUSIC GROUP STRIKES GLOBAL RIGHTS MANAGEMENT AGREEMENT WITH SOUTH KOREA’S KOSCAP Read More »

PERSONALIZED MUSIC FOR GAMES COMPANY REACTIONAL MUSIC INKS DEALS WITH CHERRY RED AND HOPELESS RECORDS

The convergence of video games and music is one of the most promising developments for music rights holders in recent years, and one of the companies at the forefront of innovation in this field is, arguably, Reactional Music. The music-for-video-games company is developing technology that can customize the soundtrack of video game play for individual

PERSONALIZED MUSIC FOR GAMES COMPANY REACTIONAL MUSIC INKS DEALS WITH CHERRY RED AND HOPELESS RECORDS Read More »

AUSTRALIA’S GYROSTREAM AND DISTRODIRECT LAUNCH GROUP SPEED ARTIST SERVICES VENTURE

Australia-based music distribution brands GYROstream and DistroDirect and former Label Partnerships Lead at Spotify Canada, Adrian Burke, have launched a new artist services venture called GROUP SPEED. GYROstream and DistroDirect say that GROUP SPEED’s services include artist promotional strategies, DSP partnership support on all major platforms, advance funding options and “premium” distribution Adrian Burke will serve as

AUSTRALIA’S GYROSTREAM AND DISTRODIRECT LAUNCH GROUP SPEED ARTIST SERVICES VENTURE Read More »

CHRISTIAN BIRCH-JENSEN PROMOTED TO CEO AT DIGITAL MARKETING AGENCY CREED MEDIA

Stockholm-based digital marketing agency Creed Media has promoted Christian Birch-Jensen to Chief Executive Officer from Chief Strategy Officer, effective immediately. Founder Timothy Collins will transition to a business development role, focusing on product and partnership creation while remaining on the board. Under Collins’ guidance, Creed has crafted over 7,000 campaigns and generated over 30 billion engagements for artists like Post Malone, Beyoncé, Tiesto, Miley Cyrus, Dua Lipa, Central

CHRISTIAN BIRCH-JENSEN PROMOTED TO CEO AT DIGITAL MARKETING AGENCY CREED MEDIA Read More »

TAYLOR SWIFT AND BEYONCÉ’S CONCERT FILMS ACCOUNT FOR ‘LITERALLY ALL’ OF AMC’S REVENUE GROWTH IN Q4 2023

US movie theater chain operator AMC Entertainment reported a surge in fourth-quarter 2023 revenue as it continues to navigate the post-pandemic landscape, thanks in large part to concert films by pop icons Taylor Swift and Beyoncé. The company reported an 11.5% year-over-year increase in revenue in Q4 to $1.10 billion from $990.0 million in 2022, beating Wall Street expectations of $1.05

TAYLOR SWIFT AND BEYONCÉ’S CONCERT FILMS ACCOUNT FOR ‘LITERALLY ALL’ OF AMC’S REVENUE GROWTH IN Q4 2023 Read More »

MANDY FREEBAIRN NAMED US LABEL MANAGER AT IDOL AS MUSIC DISTRIBUTOR SIGNS TWO NORTH AMERICAN DEALS

IDOL, an independent digital distributor and A&L services company, has appointed Mandy Freebairn as US Label Manager, coinciding with the signing of two new significant agreements in North America. Freebairn, based in New York, will report to IDOL’s US General Manager, Thomas Sharp Maxwell, who was promoted to that role in April 2023. In her new role, Freebairn will

MANDY FREEBAIRN NAMED US LABEL MANAGER AT IDOL AS MUSIC DISTRIBUTOR SIGNS TWO NORTH AMERICAN DEALS Read More »

Scroll to Top