January, 2025

TikTok goes offline for 170m+ US users, as divest-or-ban law takes effect
Google and Apple have also removed TikTok from their app stores to comply with the law. Source...

FireAid benefit concert expands lineup with Oliva Rodrigo, Peso Pluma, Alanis Morissette, Anderson .Paak and more
The benefit concert aims to raise funds for communities impacted by the Southern California wildfires Source...

Live Nation and Crew Nation pledge $1M for Los Angeles wildfire relief
The initiative offers grants of up to $5,000 for musicians, live music crew, and live music industry workers affected by the fires Source...

After brief shutdown, TikTok restores service in the US as Trump offers ‘assurance’ over divest-or-ban law
TikTok is back online in America. Source...

$500m-valued Suno hit with new copyright lawsuit from Germany’s GEMA
GEMA represents the copyrights of around 95,000 members in Germany (composers, lyricists, music publishers) as well as over two million rightsholders worldwide. Source...

Sonos takeover speculation grows, with Spotify or Amazon tipped as potential suitors (report)
Though Apple, Google, and Meta are potential buyers, they are unlikely candidates due to their existing strategies, a new report says Source...

Trump signs executive order delaying TikTok ban, as China appears to soften stance on selling app
China’s government owns a 1% stake – a so-called ‘golden share‘ – in TikTok’s parent company, ByteDance Source...

Germany generated nearly 20bn streams per month on average in 2024
The world's fourth-largest recorded music market generated 236 billion streams in 2024 Source...

‘It’s a great time to be an independent music company – just ask investors.’
The following MBW Views op/ed comes from Chad Blackwell is a Co-Founder and Managing Partner of Dream Street Advisors Source...

Global audio streams jumped 14% in 2024 to 4.8 trillion – with pop music the fastest-growing genre in the US
Market research firm Luminate named Taylor Swift the top artist of 2024, as well as the top songwriter Source...

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