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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...

BMI launches ‘Spark’ program offering tools and resources to music creators
The initiative, available to its affiliated songwriters, composers, and producers, aims to support artists at every career stage, BMI says Source...

George Clinton sues former business partner for allegedly withholding royalties and other claims
The funk music legend’s lawsuit describes former business partner Armen Boladian as a “copyright troll” Source...

France’s recorded music revenues reached $1.1bn in 2024, up 7% YoY
The growing popularity of music streaming and a boost from the Paris Olympics propelled France to a large increase in music exports Source...

UK trade recorded music revenues topped $1.9bn in 2024
The recorded music industry group is warning of risks to the UK industry from increased competition and proposed AI rules Source...