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SONY MUSIC DEBUTS GENERATIVE AI MUSIC PROJECT WITH PINK FLOYD’S DAVID GILMOUR AND THE ORB

Sony Music has debuted a new artificial intelligence-powered project featuring music by Pink Floyd’s David Gilmour and The Orb. The Orb and David Gilmour, the guitar and voice of Pink Floyd, recently released Metallic Spheres In Colour, described by Sony Music as “a visionary re-interpretation” of their 2010 ambient album Metallic Spheres. Now, in what Sony calls a “new use […]

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ANOTHER SUITOR WANTS BMI – AND HAS PUT A $2BN+ PROPOSAL ON THE TABLE

One of the biggest stories in the music industry this year is the ongoing potential sale of US collection society, BMI. MBW was first to report in August that private equity firm New Mountain Capital (NMC) – majority-owner of music biz valuer Citrin Cooperman – was in talks to acquire BMI. New Mountain’s reported USD $1.7 billion bid, we’re told, represents an implied multiple of 11.7X BMI’s latest

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K-POP GIANT SM ENTERTAINMENT PARTNERS WITH UK-BASED MOON&BACK TO LAUNCH GLOBAL SEARCH FOR NEW BOY BAND

SM Entertainment, the K-pop agency behind NCT Dream, aespa and SuperM, has teamed up with UK television production company Moon&Back Media for a new project to create and launch a UK boy band to a global audience. In what the companies described as a “first-of-its-kind partnership” between South Korea and the UK, the pair will

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WELCOME TO THE FUTURE: AI-GENERATED VOCAL CLONES OF SUPERSTARS NOW AVAILABLE ON YOUTUBE SHORTS – THANKS TO GOOGLE’S ‘MOST ADVANCED MUSIC GENERATION MODEL TO DATE’

We all knew it was coming – now, suddenly, it’s here. On Thursday (November 16), Google unveiled what it calls its “most advanced music generation model to date”. Dubbed Lyria, and built by Google DeepMind, the tech giant says that the AI model, “excels at generating high-quality music with instrumentals and vocals, performing transformation and continuation tasks, and giving users more

WELCOME TO THE FUTURE: AI-GENERATED VOCAL CLONES OF SUPERSTARS NOW AVAILABLE ON YOUTUBE SHORTS – THANKS TO GOOGLE’S ‘MOST ADVANCED MUSIC GENERATION MODEL TO DATE’ Read More »

SM ENTERTAINMENT JOINS $8M FUNDING ROUND FOR WEB3 K-POP AGENCY MODHAUS

K-Pop powerhouse SM Entertainment, through its venture capital arm SM Culture Partners, took part in the $8 million series A funding round of Modhaus, a South Korean startup at the intersection of blockchain technology and the K-Pop industry. The investment, led by US venture capital firm Sfermion, aims to further Modhaus’ goal of integrating blockchain

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CREATESAFE, THE COMPANY BEHIND GRIMES AI, RAISES $4.6M IN SEED ROUND

CreateSafe, a music tech studio known for helping Grimes launch her Elf.Tech artificial intelligence project, has raised $4.6 million from its seed funding round to introduce a new AI-powered platform. The new platform, called TRINITI, will be designed to help artists monetize generative AI opportunities in music creation and distribution.  The funding round was led

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MUSIC COLLABORATION PLATFORM BATON RAISES $4.2M TO BUILD ‘NEXT-GEN ECOSYSTEM FOR UNRELEASED MATERIAL’

The arrival of artificial intelligence in the music industry has birthed a number of collaboration platforms, each aiming to redefine the creative process.  Baton, which describes itself as a music collaboration platform for unreleased creative material, is one of these market entrants. Founded in New York City in 2021, the startup aims to build a

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RIOT GAMES AND BMG STRIKE STRATEGIC PARTNERSHIP, EXTEND GLOBAL PUBLISHING ADMIN DEAL

Video games developer Riot Games has entered into a new strategic partnership with BMG. The companies have also extended their global publishing administration deal. According to the companies, the “collaborative” new venture between Riot and BMG will focus on signing and servicing songwriters to frontline publishing deals with BMG. The partnership sees Riot Games, which is owned by

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KGV KIRAN KUMAR PROMOTED TO MANAGING DIRECTOR OF THE ORCHARD IN INDIA

Sony Music-owned distribution and artist and label services company The Orchard has promoted KGV Kiran Kumar to the role of Managing Director in India. He was previously the company’s Vice President & Country Head, India. As part of his remit, the exec also oversees the company’s operations in Nepal, Sri Lanka, and Bangladesh. KGV Kiran Kumar joined

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GARY CHAN APPOINTED MANAGING DIRECTOR OF UNIVERSAL MUSIC HONG KONG

Universal Music Greater China (UMGC) has appointed widely respected entertainment industry executive Gary Chan as Managing Director of Universal Music Hong Kong and Senior Vice President of Universal Music Greater China, effective immediately. He will be based in Hong Kong and will report directly to Timothy Xu, Chairman and CEO of Universal Music Greater China. Xu was

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