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LOCAL ARTISTS’ MARKET SHARE IS RISING ON MUSIC SERVICES, AND 3 OTHER THINGS WE LEARNED FROM DENIS LADEGAILLERIE ON BELIEVE’S LATEST EARNINGS CALL

There’s arguably been no bigger talking point in the music business this year than AI. While some observers have raised concerns about what the technology means for artists, songwriters and rightsholders, in the view of Believe’s CEO, Denis Ladegaillerie, “generative AI will have a strong positive impact” for the music industry, and “particularly for Believe”. Ladegaillerie’s comments […]

LOCAL ARTISTS’ MARKET SHARE IS RISING ON MUSIC SERVICES, AND 3 OTHER THINGS WE LEARNED FROM DENIS LADEGAILLERIE ON BELIEVE’S LATEST EARNINGS CALL Read More »

HYBE TO FULLY ACQUIRE ENHYPEN LABEL BELIFT LAB IN $100M+ DEAL (REPORT)

South Korea-headquartered entertainment giant HYBE is taking full control of BeLift Lab, the label that’s home to K-pop stars Enhypen. BeLift started out as a joint venture between HYBE and CJ ENM, owner of South Korean pay-TV music channel Mnet. In a press release shared with MBW, HYBE says that it is acquiring a 51.5% stake in

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ICONOCLAST ACQUIRES PRODUCER ROYALTIES OF LEGENDARY COMPOSER AND DISCO ICON GIORGIO MORODER

Olivier Chastan’s Iconoclast has announced its latest rights deal. The company says that it has acquired the producer royalties of legendary composer, songwriter, and producer Giorgio Moroder. Iconoclast says in the press release announcing the deal that it will work with Moroder on the development of his name, image, and likeness rights. Described by Iconoclast

ICONOCLAST ACQUIRES PRODUCER ROYALTIES OF LEGENDARY COMPOSER AND DISCO ICON GIORGIO MORODER Read More »

ROUND HILL MUSIC ROYALTY FUND EXPANDS COUNTRY PORTFOLIO WITH ACQUISITION OF BIG LOUD SHIRT AND CRAIG WISEMAN RIGHTS

Round Hill Music Royalty Fund (RHM) has acquired the remaining share of the catalog of music publishing rights of Big Loud Shirt Industries, bringing its ownership of the country music catalog up to 100%. RHM has also acquired 50% of the writer’s income streams from Big Loud Shirt Industries’ founder and owner, country music songwriter and producer, Craig

ROUND HILL MUSIC ROYALTY FUND EXPANDS COUNTRY PORTFOLIO WITH ACQUISITION OF BIG LOUD SHIRT AND CRAIG WISEMAN RIGHTS Read More »

SONY MUSIC PUBLISHING STRIKES GLOBAL DEAL WITH INDIA-BASED RECORD LABEL BIG BANG MUSIC

Big Bang Music, a record label based in India, has signed a global publishing deal with Sony Music Publishing (SMP). The deal will allow SMP to administer and promote Big Bang’s songs globally.   Big Bang Music is described as “a new age music platform, dedicated to finding superstars in the Indie music space”. According to a press

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TUNECORE STRENGTHENS GLOBAL FOOTPRINT, NAMES TASH SHAH VP, INTERNATIONAL

TuneCore has named Tash Shah as its new Vice President, International. Shah will report to TuneCore’s new Chief Revenue Officer – to be hired in the coming months – and in the interim will report to TuneCore Chief Executive Officer, Andreea Gleeson. Gleeson commented, “In recent years, TuneCore has seen a surge in international growth, with

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SONY GENERATED $2.28BN FROM RECORDED MUSIC AND PUBLISHING IN CALENDAR Q2, UP 12.5% YOY

Sony’s global music rights operation – across recorded music and music publishing – generated USD $2.284 billion in the three months to end of June 2023. That’s according to MBW’s calculations based on Sony Group Corp’s calendar Q2 2023 (fiscal Q1 2023) results, as announced by the Japanese firm today (August 9). The $2.284 billion figure was up 12.5% year-on-year (vs. calendar

SONY GENERATED $2.28BN FROM RECORDED MUSIC AND PUBLISHING IN CALENDAR Q2, UP 12.5% YOY Read More »

TOM BECCI HIRED AS CHIEF EXECUTIVE OF CONCORD LABEL GROUP

US-headquartered Concord is setting its sights on expanding its presence in the recorded music business. To that end, this past June it announced the launch of a joint-venture label with PULSE Music Group, to be dubbed Pulse Records. The latest step in this expansion, announced on Wednesday (August 9), is the creation of a new Chief Executive position at Concord

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SPOTIFY EXPANDS AI-POWERED DJ BETA GLOBALLY SIX MONTHS AFTER LAUNCH

Music streaming giant Spotify has announced the global expansion of its artificial-intelligence-powered “DJ” feature, seeking to enhance the listening experience of Premium subscribers. Launched in beta six months ago, the feature, likened to a tailored radio host, was initially introduced in the United States and Canada before reaching the United Kingdom and Ireland three months later. While the

SPOTIFY EXPANDS AI-POWERED DJ BETA GLOBALLY SIX MONTHS AFTER LAUNCH Read More »

GOOGLE AND UNIVERSAL MUSIC GROUP IN TALKS OVER LICENSING AI ‘DEEPFAKES’ (REPORT)

Google and Universal Music Group are in talks to secure licenses for artists’ vocals and musical melodies to create artificial intelligence-generated songs. The Financial Times reported Tuesday (August 8), citing four people familiar with the matter, that Warner Music Group is also engaged in negotiations with Google regarding a similar initiative. Talks between Google and Universal Music are at an early stage

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