February, 2025

Anthropic beefs up legal team ahead of showdown with Universal Music Group (report)
A blog called chatgptiseatingtheworld.com said the judge’s recent decision sets the stage for larger damages in Anthropic’s two legal cases. Source...

Music industry backs reintroduced ‘RAP Act’ that would bar lyrics from being used as evidence in US court trials
‘Freddy Mercury did not confess to having ‘just killed a man’ by putting ‘a gun against his head...' Source...

Netflix CEO Ted Sarandos talks up ‘Kpop Demon Hunters’ as fictional groups dominate Spotify charts
Seven of the top 15 tracks on Spotify's most-streamed tracks in are by virtual artists from a Netflix movie Source...

Nicki Shamel appointed Head of TuneCore, US
Former AWAL exec joins TuneCore as company 'continues its pivot to artist development for self-releasing artists' Source...

Former Spotify exec Jérémy Erlich launches ALTA Music, signs K-pop star JENNIE
The Los Angeles-based company has struck a partnership with THEBLACKLABEL, founded by BLACKPINK producer Teddy Park. Source...

Update (2): Three former HYBE employees receive sentences for insider trading on BTS’ military enlistment (report)
Two former employees and a current staff at the company were fined between KRW 51 million to KRW 231 million each. Source...

From Concord’s $1.76 billion ABS transaction to Universal Music Group’s EU scrutiny… it’s MBW’s weekly round-up
The biggest music biz headlines from the past few days, all in once place. Source...

King Gizzard & the Lizard Wizard join Deerhoof and Xiu Xiu in pulling music from Spotify after Daniel Ek’s military AI investment
Ek recently led a €600 million (USD $703m) series D for Helsing, a defense company focused on AI-powered military drones. Source...

A letter to HYBE shareholders from Music Business Worldwide RE: BTS ‘hiatus’ insider trading convictions
Explaining why MBW updated its article last week... then updated it again Source...

TikTok must transfer control to US owner, US commerce secretary says
Lutnick said Donald Trump is "positive towards TikTok, if it can move into American hands." Source...

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