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Jeff Toig named CEO at Irving Azoff’s GMR, as co-founder Randy Grimmett becomes Executive Chairman
Toig has served as Global Music Rights’ Chief Business Officer since 2018 Source...

SESAC names Chris Sheehan as VP, International
Veteran UK executive steps into international role following more than two decades of collaboration with the PRO Source...

Australia’s recorded music royalty rates for radio play to rise by 38% after tribunal ruling
The country's recorded music industry says it will push to end Australia's 1% cap on recording royalties paid by radio Source...

Kobalt strikes global publishing partnership with India’s Madverse Music
The deal gives Madverse's network of over 150,000 independent artists and labels access to Kobalt's global publishing infrastructure globally. Source...

HYBE cashes out $3.5m worth of shares, riding on BTS comeback
The company is cashing out from a recent stock rally driven by the highly anticipated return of their biggest acts, BTS. Source...

Derek Cournoyer appointed Strategy Lead, Music Business Affairs at ElevenLabs
The music exec is joining ElevenLabs after a decade at Kobalt Source...

Bandcamp bans AI-generated music: ‘We want musicians to keep making music’
Users will be able to report suspected AI-generated content through Bandcamp’s reporting tools. Source...

Spotify hikes price for Premium subscribers in the US, other markets
Monthly subscription cost for Premium Individual will rise from $11.99 to $12.99 in the US Source...

‘Producers don’t get the recognition and respect that we deserve a lot of the time. We’re literally half of the song.’
Hit Boy discusses his breakthrough work with artists like Jay Z and Travis Scott as well as his own career as an artist, the impact of AI and working across genres Source...

Sony Music Publishing and Daniel Nigro Sign Global Deal with Jon Buscema
Deal marks one of the first producer signings under Nigro’s Amusement venture. Source...

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