Monday, March 31, 2025

Pophouse Entertainment, the firm behind ABBA Voyage, closes $1.3bn music rights buying fund
Pophouse said it has already deployed about 30% of the fund Source...

BMG surpassed $1bn revenue in 2024 and spent $263m buying catalogs – as EBITDA surged to record $287m
Revenue up 6.4% YoY, or 8.1% YoY on an organic basis, as catalog spending outstrips 2023 Source...

‘We’ve been blessed to work on things that have shifted culture.’
Mark Beaven on starting out as a DJ in some of New York's most storied clubs, working with Nirvana, helping establish the songwriter/producer management business, the nature of greatness, and the powe...

AI and the new Value Gap: Four actions to prevent songwriters from being sidelined
MBW Views is a series of exclusive op/eds from eminent music industry people… with something to say. The following op/ed comes from Ran Geffen Levy Source...

Spotify expands video creator monetization program to nine new markets
The Spotify Partner Program is expanding to eligible creators in France, Belgium, Luxembourg, Netherlands, Ireland, New Zealand, Germany, Austria, and Switzerland Source...

China’s $6B-valued Kunlun Tech debuts ‘world’s first’ music reasoning model, claims it can outperform Suno
Kunlun's “chain-of-thought” technology incorporates thinking and self-criticism in the music generation process Source...

European Union’s latest draft AI Code of Practice renders copyright ‘meaningless,’ rightsholders warn
The third draft no longer requires AI companies to publish a copyright policy, and only “encourages” them to do so Source...

CTS Eventim revenues soared 19.1% YoY to $3bn in 2024
“Rising demand, organic growth, ongoing synergies and a successful international acquisition policy are the pillars of our robust growth" Source...

Robb McDaniels on Beatport’s growth plans, and why downloads still matter
MBW's Trailblazers series meets Robb McDaniels, CEO of Beatport Source...

BABYMETAL ink global deal with Capitol Records, becoming the ‘first Japanese artist to sign a frontline deal with the label’
The group will release new album METAL FORTH, globally via Capitol Records on June 13 Source...

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