Wednesday, January 29, 2025

Wednesday, January 29, 2025

Various Artists expands into Australia/New Zealand; Arwen Hunt to lead division headquartered in Sydney
Industry veteran has worked as a manager, A&R, publisher, label manager, product manager and a promoter Source...

NetEase Cloud Music secures temporary deal to keep SM Entertainment’s catalog
Cloud Music earlier warned users that SM’s entire music catalog might be removed from the platform due to unsuccessful renewal negotiations Source...

Hiroki Totoki named new CEO of Sony Group; Kenichiro Yoshida to remain as Chairman
Leadership shakeup to be effective April 1, 2025 Source...

Adam Wilkes and Alex Hill to lead AEG’s international operations, as company realigns management structure
Adam Wilkes named President and CEO of AEG Presents, Europe and Asia-Pacific; Alex Hill named President and CEO, AEG International Source...

UK’s House of Lords votes to strengthen copyright protections in AI, dealing blow to government’s plans
The House of Lords voted 145 to 126 in favor of amendments to a bill in a bid to strengthen copyright protections in AI development Source...

Spotify wins ‘bundling’ lawsuit, as court dismisses legal action brought by the MLC
Court grants Spotify's motion to dismiss the lawsuit Source...

Concord acquires publishing catalog of Ed Sheeran collaborator Johnny McDaid
McDaid has also written for the likes of P!nk, Lewis Capaldi, Keith Urban, Shawn Mendes, Zara Larsson, Alicia Keys, and Jung Kook, amongst many others Source...

OpenAI, valued at $157bn and facing multiple copyright infringement lawsuits, says China’s DeepSeek may have used its data to train rival AI model without permission
DeepSeek spent far less money on developing a chatbot than US AI companies, but it may have done so by stealing OpenAI's IP Source...

Influence Media Partners raises $360m in debt financing led by Goldman Sachs
BlackRock acted as a joint placement agent. Source...

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