February, 2026

From Chance the Rapper’s courtroom revelations to Live Nation’s DOJ settlement… it’s MBW’s weekly round-up
The biggest headlines from the past few days... Source...

UMG’s hospitality arm strikes JV with lifestyle investment group IMI to develop ‘music-led beach club concept’
UMG is partnering with the operator of O Beach to build a global network of music-driven venues. Source...

Spotify to let users edit the algorithm behind their personalized recommendations with ‘Taste Profile’
Taste Profile will initially be available in beta for Premium users in New Zealand in the coming weeks. Source...

TikTok Radio launches on iHeartRadio, as TikTok ends SiriusXM partnership
Segments include a weekly countdown of TikTok's 10 biggest songs, trending topics, new music highlights on Friday, and more. Source...

Too Lost strikes nine-figure investment round, led by GoldState and TA Associates
Too Lost will use funds to expand tech, invest in artist advances, and execute catalog acquisitions Source...

Scott Borchetta launches Borchetta Entertainment Group management division with Carly Pearce signing
Borchetta's departure from HYBE AMERICA was announced in February. Source...

Pharrell Williams legal battle with ex-Neptunes partner widens, as Chad Hugo challenges credits on Rosalía and Latto tracks
The amended filing expanded Chad Hugo’s claims, alleging that he was left off songwriter credits on several tracks he helped create. Source...

US wholesale recorded music revenue reached $11.5B in 2025, as paid streaming subscriptions hit 106.5M — adding 6.5M accounts YoY
The US recorded music industry generated USD $11.535 billion in wholesale revenue in 2025, up 3.1% YoY. Source...

Universal Music acquires stake in What the Duck, a prominent indie label based in Thailand
Founder Moy Samkwan Tonsompong will join Universal Music Thailand as Managing Director Source...

Live Nation antitrust trial resumes as 30+ states push on despite DOJ settlement
States accuse Live Nation of stifling competition and driving up prices for fans as trial continues without the DOJ. Source...

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