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Last month brought news of a copyright dispute that could signal a seismic shift in the dynamics between the generative AI space and the music industry. Universal Music Publishing Group sued multi-billion-dollar-backed AI company Anthropic for the alleged “systematic and widespread infringement of their copyrighted song lyrics” via its chatbot Claude. The suit, filed by UMPG along with co-plaintiffs Concord […]

  Live Nation Entertainment President and CEO Michael Rapino told investors on Thursday (November 2) that there is “unprecedented global desire for concerts”. Speaking on the concert giant’s Q3 earnings call, Rapino explained that the promoter is seeing this “unprecedented” demand for live music “happening at all levels with both casual and diehard fans and from small clubs

Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce their touring costs. This week brought news of two significant developments in

Music streaming service Tidal has unveiled a new service that lets artists message with other artists via the platform to set up collaborations. Called “Tidal Collabs,” Tidal says the new tool provides artists with the opportunity to initiate collaborations, whether for guest verses, live performances, or expanding their creative network. According to Tidal, since 2019, there has

It’s looking increasingly certain that MENA-focused music streaming service Anghami could be delisted from The Nasdaq Global Market – as early as later this week. On October 24, 2023, Anghami received a determination letter from the Nasdaq stating that it was not in compliance with Nasdaq Listing Rule 5450(b)(2)(A), which requires companies to maintain a minimum market value of listed securities of $50 million for

NEON16, founded by music industry veteran Lex Borrero, and superstar producer and artist Tainy, has teamed up with Miami-based tech company Influur to host a three-day entertainment event during Mexico’s Big Race Weekend at the Formula 1 Mexico Grand Prix. The event, held at the Autódromo Hermanos Rodríguez, saw various stars in attendance, including Mexican rapper

Warner Chappell Music has renewed its partnership with multi-platinum-selling songwriter, Rick Boardman. Boardman is the founder of Manchester-based songwriting collective The Six. Having written songs that have received more than five billion streams on Spotify alone, Warner Chappell says Boardman stands as “one of the most prolific songwriters” worldwide. Recognized for his frequent collaborations with the likes of Marshmello,

South Korea-based entertainment giant HYBE generated revenues of 537.85 billion South Korea Won in Q3. That quarterly revenue tally for HYBE’s Q3 (the three months to end of September), converts to approximately $404 million, and was up 20.7% YoY.  The company’s adjusted EBITDA in Q3 was 90.77 billion South Korea Won ($68.22m), up 13.1% YoY. Three of the biggest

On Wednesday (November 1), Mariah Carey released a video of herself being ‘defrosted’ to mark the start of the holiday season, soundtracked by her holiday megahit All I Want for Christmas Is You. The track, first released in 1994, has become an omnipresent sonic fixture of the holidays every year since then and has been streamed over 1.47 billion times