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From Pophouse’s $1.3bn music rights fund to Morrissey’s legal action… it’s MBW’s Weekly Round-Up
The biggest stories from the past week – all in one place… Source...
Global independent music publishing sector was worth $2.8bn in 2023, up 5.7% YoY (report)
The Independent Music Publishers Forum (IMPF) has published its latest Global Market View report Source...
Donald Trump denied dismissal of Isaac Hayes heirs’ copyright lawsuit
A federal court judge in Georgia rejected Trump lawyers' arguments that the estate of Isaac Hayes couldn't prove they own rights in 'Hold On, I'm Coming' Source...
Warner Music Group, Josh Groban honored at Harmony Program gala
The Harmony Program provides children from underserved communities with a music education Source...
HYBE’s Joon Choi: ‘90% of Weverse traffic comes from regions outside of Korea. Most of our users are global superfans.’
MBW speaks with Weverse President Joon Choi following the launch of its Spotify-powered 'Listening Party' streaming service Source...
TikTok soft-launches ‘TikTok for Artists’ platform
For now, the service is available only to artists in Australia, Indonesia, Japan, New Zealand and South Korea Source...
HYBE’s newest venture in the US is a label called HYBE AMERICA x AU in partnership with Alan Chikin Chow
Label is described as "a first-of-its-kind label" that will launch a "groundbreaking franchise spanning both scripted content and music." Source...
Exclusive: Morrissey launches legal action against alleged online fraudster, as Web Sheriff investigation uncovers ‘decades-long defamation campaign’
MBW obtains letter from Morrissey's lawyers accusing alleged perpetrator of defamation and illegal conduct Source...
Mdundo launches strategic review that ‘could lead to change in ownership, merger, strategic investor or other consolidation’
Africa-focused music streaming service has launched a strategic review as it grapples with what it calls ‘persistent billing challenges’ Source...
Daniel Ek pockets another $27.6m from selling Spotify shares – cashing out over $750m since 2023
The Spotify CEO has so far sold $751.6 million worth of Spotify shares since mid-2023 Source...
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