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London-based audio technology start-up Bronze, which specializes in AI-assisted music tools, has closed a $1.3 million pre-seed round. The company’s investors include Disclosure, Arca, Jimmy Napes, DAO Jones, Method Music and September Management. Founded by record producer Lex Dromgoole and songwriter/composer Gwilym Gold, Bronze has also collaborated with XL Recordings, Oscar-winning sound-designer Nicolas Becker and […]

Taylor Swift had a significant impact on popular culture in 2023. In December, Pollstar reported that the superstar artist’s record-breaking ‘Eras Tour’ had become the first tour in history to generate gross revenues of over $1 billion. Earlier this month, Swift’s The Eras Tour concert film was confirmed by AMC Theatres to have become the highest-grossing theatrical release of all time among both concert films

Could Paris-based music company Believe be set to leave the stock market and re-privatize? According to Reuters, the largest shareholders at the company, which trades on the Paris Euronext, are ‘exploring the possibility’. MBW’s own sources have confirmed in recent weeks that various discussions have taken place between the company and potential private investors. Citing its own sources, Reuters reports that Believe

The founding members of Beatport, AM Only, Side 3 Recordings and Sacred Society have joined forces to establish Sacred Society Music Group (SSMG), an ambient record label that releases music exclusively in Dolby Atmos. SSMG has introduced a collection of over 55 tracks and more than six hours of immersive content, accessible on its website and distributed across digital service

Online retail and streaming service company The Beatport Group has promoted Matt Gralen to President and Helen Sartory to Chief Revenue Officer. Both appointments will see them reporting to CEO Robb McDaniels at Beatport’s London office, according to a press release on Thursday (January 11). In his expanded role, Gralen, presently the Chief Financial Officer, will collaborate closely with McDaniels

Arista Records, a label under Sony Music Entertainment, has made two strategic additions to its leadership team, appointing Sharon Timure as Head of Marketing and Kelsey Hession as Publicity Lead.  Timure and Hession will both be based in New York, reporting directly to President and CEO David Massey and General Manager Veronica Sanjines, according to a press release on

Merlin, the digital licensing agency for the indie music business, has reappointed Darius Van Arman as Chairperson for a second term as it kicks off 2024 with a new Board. Van Arman first joined Merlin’s Board in 2015 and stepped into the role of Chairperson in 2022. Merlin’s newly elected Board hails from 12 countries across Africa, Asia, Europe,

Leading voices in the music industry and other creative fields are lauding the introduction of a new bill in the US House of Representatives that aims to protect people from having their image and voice used in AI-generated deepfakes. The No Artificial Intelligence Fake Replicas And Unauthorized Duplications (No AI FRAUD) Act was brought forward

TikTok parent ByteDance is shutting down its premium music streaming service Resso in India on January 31. A ByteDance spokesperson confirmed the news today (January 11), and told MBW that “unfortunately, owing to local market conditions, we can no longer continue to serve users of Resso in India”. They added: “We have therefore taken the decision to

There’s been another change on the Board of Hipgnosis Songs Fund. Sylvia Coleman has stepped down as an independent Non-Executive Director of the UK-listed company, with immediate effect. The news was announced by the HSF Board in a regulatory announcement to the UK market on Thursday (January 11). HSF trades on the London Stock Exchange. Coleman’s resignation follows