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Chrysalis co-founder Chris Wright launches new label and publishing company Right Tracks
The new company marks a return to the recorded music business for Wright Source...

M.I.A. sues Kid Cudi for $2.8M after being fired from Rebel Ragers Tour
The lawsuit alleges that Kid Cudi "instructed Live Nation to breach the Agreement to generate publicity and ticket sales for the Tour." Source...

Melvin Koh named General Manager, Ticketing Asia at TEG’s Ticketek
Koh brings more than 18 years of experience across sports, entertainment, venue management, commercial strategy and ticketing. Source...

Andrew Jenkins to depart Universal Music Publishing Group after nearly two decades
Jenkins announced his exit on Monday (June 1) Source...

Anthropic raises $65B in Series H funding, valuing the AI giant at $965B
The round was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital. Source...

Official: UMG rejects Bill Ackman’s $64B takeover bid
Universal Music Group has rejected Bill Ackman's takeover offer. Source...

From Bolloré urging UMG to reject Ackman’s $64B bid to Gamma’s lawsuit to unmask the creators of two smear sites… it’s MBW’s weekly round-up
The biggest headlines from the past few days... Source...

Downtown Music Publishing strikes deal to represent Biz Markie catalog and name, image & likeness rights
Deal covers publishing administration and sync licensing, alongside representation of the late artist's NIL rights. Source...

Reservoir deployed $120m on acquisitions and advances in latest fiscal year, as its annual revenues grew 11% YoY to $175.7m
Reservoir Media has published its fiscal Q4 (calendar Q1) and full-year financial results for its fiscal 2026, ended March 31, 2026. Source...

Sir Lucian Grainge on AI, Spotify, and why he’s not in the ‘functional music’ industry
Three things you might have missed from Grainge's fireside chat at the GREATER Together LA summit last week Source...

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