February, 2024

Rostrum Pacific unveils AI-powered music distribution platform SpaceHeater
The tech will enable artists and labels to track how their music is used in AI training models and determine fair compensation Source...

Music AI startup Hook inks content deal with Glassnote Records
Hook enables users to create authorized remixes and mashups using licensed music Source...

EMPIRE hires Jeffrey Yoo to lead expansion in Asia; First signing named as Korean superstar G-Dragon
Jeffrey Yoo appointed Senior Vice President, East Asia at EMPIRE Source...

Hipgnosis sponsors Songwriter category at next week’s Music Business UK Awards
Leading song management company signs on with the big night now just days away Source...

Latest round of TIDAL layoffs could hit a quarter of staff (report)
Speculation within the company says as many as 100 people could lose their jobs Source...

Deezer reports 11% revenue growth for calendar Q3
The company attributes its revenue growth to new partnerships and subscription price hikes Source...

Whether it’s Donald Trump or Kamala Harris, the music business has something to fear from the US election.
They're AI-ting the dogs... Source...

Sony Music acquires recorded music catalog of Egyptian superstar Amr Diab
Sony has also signed what it calls a 'forward-looking multi-album deal' with the artist Source...

Boyd Muir promoted to Chief Operating Officer of Universal Music Group
Company is 'immediately initiating an executive search process' to hire a new CFO. Source...

Universal Music generated $3.15bn in Q3; subscription streaming revenues grew 8.2% YoY
Universal Music Group has published its financial results for the three months to the end of September. Source...

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