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Legendary singer Cher has made her metaverse debut to promote her latest album, Christmas, in collaboration with Warner Music Group and metaverse game developer Gamefam.  The initiative, launched on Friday (December 8), is aimed at connecting with a burgeoning audience of younger music fans, who can purchase “limited-time” virtual merchandise inspired by Cher’s “iconic looks”. Warner Music Group‘s world in the […]

The European Union Council, Commission, and Parliament reached an agreement over the weekend on principles concerning transparency obligations for artificial intelligence developers. The negotiations pave the way for significant advancements in regulating AI systems within the European market, and the forthcoming law is likely to become a global benchmark for AI legislation. The agreement, widely seen

Kat MacLean Daley has been appointed by Snoop Dogg to be the first VP & Head of Publishing at his revitalized Death Row Records, which he acquired in 2022. MacLean Daley reports directly to Snoop Dogg and is responsible for the company’s day-to-day operations in music, with her primary focus on the company’s newly established

The race to acquire See Tickets, a major UK ticketing merchant, has intensified with the entry of the owners of London’s O2 Arena and Hammersmith Apollo. Paris-based multinational media group Vivendi initiated the sale process, targeting up to €300 million (USD $323 million) as the sale price for See Tickets, according to two sources cited by the Financial Times on Monday (December 11). See Tickets

Tom Connaughton, Managing Director for Spotify in the UK and Ireland, is exiting his role after nearly six years at the music streaming platform. The exec’s exit marks the second regional Managing Director’s departure from the music streaming company in as many weeks. Last week we learned that SPOT’s Sweden-based MD for the Nordic region, Jenny Hermanson, is also

Spotify rival Apple Music is reportedly planning to adjust the way it pays out for streams for songs produced in the immersive Spatial Audio format. According to a report from Ashley Carman at Bloomberg on Monday (December 11), Apple Music “plans to give added weighting to streams of songs” mixed in Dolby Atmos. The move could result in increased royalty payments for

A Singapore-based tech company called FENIX360 has entered into a deal to be acquired by US-based blank check company DUET Acquisition Corp. Described as “an artist-centric, multi-genre social media platform”, FENIX360’s deal with DUET, expected to be completed in the first half of 2024, will see it become a public company on the NASDAQ. According

Pop sensation Ariana Grande has signed with Brandon Creed and his recently established firm, Good World Management, as her manager.  The news was first reported by Billboard on Sunday (December 10), citing sources. “She wants the focus to be her art and he puts her artistry and vision before anything else,” one of the unnamed sources said. “He is

SoundCloud is experiencing something new, a full 16 years after it was founded: annual profitability. According to company data shared with Music Business Worldwide, SoundCloud is currently on course to post a slim – but positive – EBITDA for calendar/fiscal 2023. The firm’s internal guidance shows that it’s currently projecting annual revenues of EUR €288 million (USD $310m) for 2023, up 7.5%

Nicki Minaj has entered the metaverse with the launch of her first-ever virtual shop in Roblox, called ‘Nicki Minaj’s Gag City’. Created in collaboration with metaverse studio Karta and Republic Records, the immersive 3D shopping experience coincides with the release of Minaj’s new album, Pink Friday 2. In the virtual shop, fans can interact with Nicki Minaj’s music and