February, 2024

From UMG’s lawsuit against Chili’s to Ticketmaster’s bot problem… it’s MBW’s Weekly Round-Up
The biggest stories from the past week – all in one place… Source...

‘We have to establish some rules before creativity is suppressed and the marketplace is flooded with AI-generated music.’
RIAA President & COO Michele Ballantyne looks back on her 20 years at the organization, the changes she's seen, the lessons she's learned and the battles she's still fighting Source...

The MLC nears $2.5bn in royalty distributions to songwriters and publishers since 2021
The MLC's royalty payout count has increased by $1bn in just one year Source...

Kids’ audio platform Yoto aims to double revenue with $15m funding package from HSBC
Company's Yoto Player smart speaker uses physical cards to play audio content Source...

On… TikTok, Merlin, and the awkward arranged marriage of music’s independent sector
How the changing face of the 'non-major' music companies has made for some unusual bedfellows in indie-land Source...

Concord acquires mystery Latin Music catalog for $217m, after raising $850m in latest asset backed securities transaction
Concord catalog now worth more than USD $5 billion, according to Kroll report Source...

How to Achieve Professional Sound Quality as an Independent Artist (Without Breaking the Bank)
As an independent artist, sound quality can make or break your music career. The good news is you don’t need a massive budget to produce professional recordings from the comfort of your home. With t...

Music Industry Insights: Grammy Predictions, Ticket Pricing Controversies, and Rare Recordings
This week’s music news includes predictions for the 2025 Grammys, falling viewership for the American Music Awards, and a heated debate over concert ticket pricing led by Robert Smith. Sony Music al...

Australia’s UNIFIED relaunches Community Music, commits USD $6.8m to support local indie artists
The relaunch comes a week after UNIFIED announced a new services partnership with Downtown-owned FUGA Source...

Universal Music Group completes 100% acquisition of [PIAS] Group
Kenny Gates has signed a long-term contract to continue as head of his company's label group Source...

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