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Judge rejects Live Nation’s bid to dismiss parts of DOJ antitrust lawsuit
Federal Judge Arun Subramanian upheld US states’ standing to seek damages on behalf of consumers. Source...

SM Entertainment injects another $4M into SM Friends subsidiary, a.k.a. Kreation Music (report)
The latest funding round follows a larger KRW 15 billion investment made into SM Friends in 2023 Source...

Brad Banducci named CEO of ticketing firm TEG, as Geoff Jones becomes Chairman
TEG is one of Asia Pacific’s largest live entertainment and ticketing companies Source...

After raising $3.2m, music production and fan engagement platform AMPOLLO unveils advisory board
Platform claims to provide 'a unique range of user-friendly tools and engagement opportunities to creators working in music.' Source...

Bill Ackman’s Pershing Square to raise $1.4bn from sale of 2.7% stake in UMG (report)
'We believe UMG is one of the best businesses we have ever owned,' said Ackman on X today Source...

Believe generated over $1bn in 2024, as company’s annual revenues grow 11.5% YoY
Paris-headquartered music company has published its financial results for FY 2024 Source...

Sony Music sues University of Southern California over music used in social media posts
Lawyers for Sony provided a list of 283 USC social media posts they say violated the company's copyrights Source...

Global recorded music revenues rose 6.5% to $36.2bn in 2024, says MIDiA Research
According to MIDiA, streaming revenue grew 6.2% YoY to $22.2 billion Source...