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Newswire
> February, 2024
February, 2024
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February, 2024
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HYBE sells $50m stake in SM Entertainment
Regulatory filing indicates that the company has sold 755,522 shares of SM Entertainment Source...
Universal Music Publishing inks exclusive worldwide deal with China’s Cheerful Music
Cheerful Music's catalog includes hits like YI XIAO JIANG HU (KE MU SAN), which has amassed more than 50bn views on Douyin Source...
Firebird signs physical sales and distro deal with Proper Distribution
The agreement will see Proper offer its services to Firebird's network of labels, artist management companies and other creative businesses Source...
Matt Serletic joins Amazon Music as Director of AI Innovation and Interactive Experiences ‘to reimagine how people connect with music in the age of AI’
Serletic headed up Virgin Records in the US between 2002 and 2005 Source...
US appeals court sets accelerated schedule to hear TikTok’s challenge to divest-or-ban law in September
ByteDance has until January 19, 2025, to sell TikTok or face an effective ban on the app in the US Source...
Three quarters of all royalties generated by UK artists on Spotify in 2023 came from listeners outside of the UK
Spotify has recently broken out streaming royalty data for a bunch of individual markets in Europe Source...
Sony Music in talks to acquire Queen catalog in potential $1bn deal (report)
Potential deal would become one of the biggest single-artist music catalog sales in history Source...
The DoJ is suing to break up Live Nation. What exactly does the lawsuit aim to achieve – and could the concert giant win?
The DoJ has its work cut out for it, if it wants to see Live Nation and Ticketmaster broken up Source...
Spotify hit with class action lawsuit over discontinued ‘Car Thing’ device
Consumers who purchased the device “are left with nothing more than a paperweight that cost between $50 and $100" Source...
‘It is unethical for generative AI companies to make money off the backs of artists and songwriters, without compensation or attribution.’
The following op/ed comes from Tracy Chan, a former SoundCloud, Twitch, and Spotify executive and currently the CEO of Australia-born AI music company Splash Source...
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Newswire
> February, 2024
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