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Drake Denies Pursuing Underage Women on New Kendrick Lamar Diss Track ‘The Heart Part 6’

It’s been a very busy weekend in the ongoing rap beef between Drake and Kendrick Lamar, and the latest installment came on Sunday evening (May 5) with the release of “The Heart Part 6.” Drake adds to Lamar’s ongoing, five-part “The Heart” series that he began in 2010 with his own entry, derailing his foe’s bigger vision. […]

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Kendrick Lamar Drops Yet Another Drake Diss Track, ‘Not Like Us’

  Kendrick Lamar continued to ramp up his increasingly personal musical battle with Drake by releasing “Not Like Us,” his third song in 36 hours, early Saturday evening. The song is posted on Lamar’s official YouTube channel — which essentially guarantees its authenticity in an era when an AI deepfake must always be considered — and features an

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HYBE’S REVENUE DROPPED 12% YOY IN Q1; WEVERSE PLATFORM SAW USER DECLINE AMID ONGOING BTS DROUGHT

K-pop giant HYBE has recorded a larger-than-expected drop in revenue and profit for Q1, which the company attributed to the ongoing hiatus of its top boy group, BTS. HYBE’s revenue for Q1 2024 came in at KRW 360.92 billion (USD $271.57 million at the average exchange rate for Q1), a 12.1 YoY drop, according to the company’s latest earnings report,

HYBE’S REVENUE DROPPED 12% YOY IN Q1; WEVERSE PLATFORM SAW USER DECLINE AMID ONGOING BTS DROUGHT Read More »

KOREAN REGULATORS APPROVE KAKAO’S TAKEOVER OF SM ENTERTAINMENT, AMID ONGOING STOCK PRICE MANIPULATION PROBE

The often heated battle between music giant HYBE and Korean conglomerate Kakao for control of K-pop agency SM Entertainment – in which Kakao emerged victorious – was one of the most vivid music business stories of 2023. Now, South Korean regulators have given a conditional green light to Kakao’s takeover, amid an ongoing investigation into

KOREAN REGULATORS APPROVE KAKAO’S TAKEOVER OF SM ENTERTAINMENT, AMID ONGOING STOCK PRICE MANIPULATION PROBE Read More »

STEVE REDMOND TO STEP DOWN AS GLOBAL HEAD OF COMMUNICATIONS AT BMG

BMG EVP Global Corporate Communications Steve Redmond is to step down from the company after 12 years. The highly-regarded communications exec and media advisor is credited with shaping the company’s image and helped define its positioning over a period during which its revenues have more than quadrupled to become one of the largest international music companies

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CONCORD LABEL GROUP HIRES FORMER UMG EXECS BRAD CLARK AND KRISTEN REED TO ITS DATA ANALYSIS TEAMS

Just days after announcing two new promotions to EVP roles, Concord Label Group, the recorded music division of Concord, has revealed two new appointments. Both of the new hires are in streaming and data analysis – and both are new arrivals from Universal Music Group (UMG). Brad Clark has been appointed Senior Vice President of Streaming and Data Analysis. He

CONCORD LABEL GROUP HIRES FORMER UMG EXECS BRAD CLARK AND KRISTEN REED TO ITS DATA ANALYSIS TEAMS Read More »

SOUNDCLOUD LAUNCHES ‘FAN-POWERED’ BUZZING PLAYLISTS TO SPOTLIGHT UP-AND-COMING ARTISTS

SoundCloud is launching a new feature called Buzzing Playlists, a set of playlists curated based on fan engagement with music by Next Pro artists. Buzzing Playlists are designed to address the ‘Zero-Plays Problem’ faced by many new artists. Through its First Fans program, SoundCloud’s recommendation algorithm analyzes music by Next Pro artists who opt in, the company said on Thursday (May 2).

SOUNDCLOUD LAUNCHES ‘FAN-POWERED’ BUZZING PLAYLISTS TO SPOTLIGHT UP-AND-COMING ARTISTS Read More »

ANGHAMI’S PAID SUBSCRIBERS JUMPED 18% IN Q1 2024, AFTER A 2023 OF REVENUE ‘HEADWINDS’

Middle East and North Africa-focused music streaming service Anghami has reported an 18% YoY increase in paying subscribers in Q1 2024. Meanwhile, its annual report for 2023 showed a narrowing of its operating loss, despite “headwinds” from the war in Gaza and a devaluation of the Egyptian pound that drove revenues down. The number of premium subscribers reached 1.87 million as

ANGHAMI’S PAID SUBSCRIBERS JUMPED 18% IN Q1 2024, AFTER A 2023 OF REVENUE ‘HEADWINDS’ Read More »

UK LAWMAKERS CALL FOR AI LEGISLATION TO PROTECT ARTISTS FROM DEEPFAKES, COPYRIGHT INFRINGEMENT

A group of UK lawmakers from across the political spectrum has thrown its support behind a new report that calls for AI to be regulated in the market in order to protect human music creators. The report calls for the UK to pass new laws that would protect artists’ personalities from being copied by AI

UK LAWMAKERS CALL FOR AI LEGISLATION TO PROTECT ARTISTS FROM DEEPFAKES, COPYRIGHT INFRINGEMENT Read More »

THE NMPA’S TIKTOK DEAL HAS OFFICIALLY ENDED. WHAT DOES THAT MEAN FOR INDEPENDENT PUBLISHERS IN THE US?

The National Music Publishers’ Association (NMPA)‘s licensing deal with TikTok – representing the music publishing rights of multiple indie music publishers – officially expired yesterday (April 30). The US trade body told its members last month that it wasn’t planning to extend the deal and that if they wanted to continue to license their music to TikTok beyond

THE NMPA’S TIKTOK DEAL HAS OFFICIALLY ENDED. WHAT DOES THAT MEAN FOR INDEPENDENT PUBLISHERS IN THE US? Read More »

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