Feed Items

Ben McOwen Wilson named new CEO of the UK’s PRS for Music
Google and YouTube executive to join the UK collection society on October 12 Source...

Andy Burnham, the UK’s new Prime Minister, cuts business rates by 20% for live music venues, pubs and clubs in England
The cut will apply to nearly 32,000 businesses, with the typical pub estimated to save £1,100 (around USD $1,475) in the next financial year. Source...

Music publishers file amended lyrics lawsuit against Anthropic – just as AI firm’s separate $1.5B settlement with authors wins court approval
The latest filing draws heavily on Anthropic's internal records, obtained through discovery, to support claims the publishers first brought in October 2023. Source...

Universal hires Tseyin Foo as President, Global Supply Chain to ‘strengthen the global capabilities powering UMG’s next phase of growth’
Former Skechers and Nike exec will be based in Los Angeles Source...

India’s Tips Music grew revenues 21% in calendar Q2 – but profit fell 4% as content spend jumped 90%
Spending on music acquisitions pulled Tips' operating EBITDA margin down to 50.3%, from 64.2% a year earlier and 74.0% in the preceding quarter. Source...

Sony Music Publishing acquires Monty Norman Limited, from the estate of late James Bond Theme composer
He was the credited composer of the James Bond Theme, first heard in the 1962 film Dr. No. Source...

South Korea fines TikTok for collecting user data to target ads, and Apple over Siri recordings
The regulator fined Apple Distribution International KRW 252 million (about $170,000) over the collection of Siri recordings and transcripts without consent. Source...

YouTube’s subscription business ‘growing faster than ads,’ driven by Music and Premium, says Alphabet
Platform's ad revenues rose 13% YoY to $11bn in Q2 Source...

Judge refuses to dismiss Reach Records’ case against UMG’s Capitol CMG over abandoned deal
Reach alleges that Capitol CMG agreed to buy the label during 2025, then pulled out months later by telling Reach the agreed price was too high. Source...

Instagram now lets users swap the music on published posts and carousels
The feature, called Replace Audio, keeps a post's likes, comments, shares and reach in place when the soundtrack is changed. Source...

Comments And Feedback

«

April

»