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Olivier Chastan’s Iconoclast in sale talks at price tag of around $500 million
Multiple sources tell MBW that Iconoclast is in talks with approximately 10 different parties Source...

Music collectibles platform Wax Poetics closes $1m funding round
Investors include music executives Perry Chen (Kickstarter), Nadav Poraz (WhoSampled), and Nikhil Shah (Mixcloud). Source...

SM Entertainment revenues grew 16.6% to record $219m in Q4, driven by concerts and merch
The company is home to K-pop acts such as NCT DREAM, aespa, RIIZE, and NCT WISH. Source...

Mitchell Shymansky appointed Chief Data & Technology Officer at Create Music Group
Shymansky joins Create following nearly two decades at Universal Music Group Source...

SoundExchange expands global neighboring rights coverage via 17 new agreements with CMOs in markets including Barbados, Denmark, Kenya, Portugal, and more
The expansion includes new partnerships in Kenya, Barbados, Panama, Paraguay, and several European territories. Source...

Jody Farber promoted to CFO of Peermusic, as Bill Gorjance retires after 20 years
Gorjance will serve as International Vice President of the Classical music division in a part-time role. Source...

Music tech startup Mozart AI raises $6M in seed round led by Balderton Capital
The startup offers a Generative Audio Workstation (GAW) for both amateur musicians and seasoned producers. Source...

Warner partners with UK-based music development organization Generator to ‘power new creative opportunities’ in North of England
Three-year agreement aims to improve long-term industry access and career pathways for talent in the north of England Source...

Roslyn Pineda appointed President, Asia for Sony Music Publishing, as Carol Ng retires
Pineda succeeds longtime SMP Asia President, Carol Ng, who will remain with the company until her planned retirement at the end of March this year. Source...

Spotify eyes AI ‘derivatives’ as new revenue stream for artists – says its tech to let fans make remixes and covers is ready
Spotify says it wants to enable listeners to interact with their favorite artists' music through AI Source...