Feed Items

Cameron Hoy promoted to CEO at TEG; Brad Banducci steps down after just over a year
Hoy joined TEG subsidiary Ticketek Australia in 2007 and rose to the Managing Director role in 2015. Source...

YG Plus renews domestic distribution deal with HYBE, extending eight-year partnership
YG Plus will continue to handle the domestic distribution of albums and digital music content for HYBE artists including BTS and SEVENTEEN. Source...

Saregama MD calls for DSPs to assign ‘no value’ to AI-generated music
Vikram Mehra acknowledged that AI-generated music is present across streaming services – but argued it is failing to find an audience. Source...

FUGA renews global distribution partnership with Insomniac Music Group
Downtown Music-owned FUGA first struck its partnership with Insomniac Music Group in November 2022. Source...

Evan Whikehart named General Manager, North America at IDOL, as Paris-headquartered indie says its annual revenue topped $50m globally last year
Whikehart joins from Secretly Distribution Source...

Japan’s Avex sees music segment revenues grow 6.8% YoY to $810M in latest fiscal year
Live entertainment was the primary growth driver, supported by arena-scale touring activity and expanding international fan engagement. Source...

Sony Music Publishing UK signs songwriter and producer MNEK to global deal
The deal covers future works written by the London and LA-based hitmaker Source...

Splice partners with ElevenLabs to power AI music creation tools
Splice said it 'will leverage ElevenLabs' foundational music models to build next generation AI-powered creative tools, set to be released later this year'. Source...

Udio CEO Andrew Sanchez on ‘walled gardens’ in AI music, Warner-Suno, and why he’s skeptical of attribution engines
Sanchez spoke at a MBW x Raine breakfast networking event in London this morning Source...

Suno sued by Poseidon Wave Media, an entity behind indie duo The American Dollar, claiming it ‘nearly eliminated’ their licensing revenue
The duo alleges that Suno has reduced their licensing revenue by nearly 80% since the AI company launched its service. Source...

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