February, 2024

Web3 music streaming platform Tune.FM raises $50m in funding
The company has now raised $80M in its efforts to cut out the middleman between artists and music streamers Source...

Kaoruko Hill appointed General Manager, APAC at Merlin
Exec most recently worked in the Music Data & Rights Management team at ByteDance Source...

American Hockey League sued for alleged copyright infringement by Sony and Universal-owned production music firm APM
AHL becomes latest US-based professional sports league to be involved in litigation over alleged copyright infringement Source...

Who owns Live Nation?
The concert's giants owners include Liberty Media, some heavy-hitting investment firms... and Jimmy Iovine Source...

Pink Floyd’s recordings catalog could soon sell for $400m-$500m. But how much does it earn today?
MBW has unearthed annual accounts filed by two UK-based companies owned by Pink Floyd Source...

PRS For Music returns as sponsor of Pop category at the Music Business UK Awards
Royalty collection/distribution giant marks 110 years in the business by backing the UK industry's big night Source...

Believe targets Regional Mexican Music expansion with new leadership team in Mexico City
Marco Cataño named Head of Artist Services, LATAM; José Pablo Molina appointed Head of Label & Artist Solutions, Mexico Source...

UnitedMasters taps RoEx to offer AI-powered mastering to indie artists
UnitedMasters artists will now have access to automated mastering services for $4.99 a track. Source...

Universal Music Group is targeting 8-10% annual growth in subscription streaming revenues. Here’s how that might play out.
UMG has announced some important new numbers. If they come true, how might they affect the company's growth? Source...

TikTok on the clock: A timeline of the app’s tumultuous relationship with the current US government
TikTok and the US Justice Department faced off in federal court on Monday (September 16) Source...

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