Wednesday, March 5, 2025

Saudi Arabia’s MDLBEAST unveils ‘A Thousand And One’ festival concept featuring electronic music, immersive storytelling
The creator of the XP Music Futures conference will host the new festival concept in April in Riyadh. Source...

AI unicorn Anthropic raises another $3.5bn, boosting valuation to $61.5bn
The Series E round was led by Lightspeed Venture Partners, also an investor in Stability AI and AI music generator Suno Source...

Create Music Group acquires deadmau5 and mau5trap Records catalogs in $55m+ deal
The deal also includes the formation of a JV under which Deadmau5 and Mau5trap will release new music via Create Source...

YouTube Music hits 125 million subscribers, adding 2m subs per month on average over the past year
YouTube added +25 million subscribers over the past 12 months Source...

Mercury Records promotes Tyler Arnold to Chairman/CEO and Ben Adelson to President/COO
Tyler Arnold signed Post Malone while working as an intern at Republic, while Ben Adelson signed Noah Kahan, James Bay and Stephen Sanchez Source...

Who’s about to buy Suicideboys’ lucrative music publishing catalog ?
Rumors abound after Billboard reports that duo's masters could sell for more than $300 million Source...

ex-Guggenheim exec’s Aquarian Holdings backs new $250m music rights JV with Raven Capital
The fund is a joint venture between Raven Capital Management and Aquarian Holdings Source...

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