News and Trends

The following was originally delivered as a speech at the United Nations' AI for Good Global Summit in Geneva on Wednesday (July 8) by ABBA co-founder and CISAC President Björn Ulvaeus Source source https://www.musicbusinessworldwide.com/abbas-bjorn-ulvaeus-at-human-creativity-is-not-the-enemy-of-artificial-intelligence-it-is-the-reason-artificial-intelligence-exists/

Backers of the round include Paytm founder Vijay Shekhar Sharma's family office VSS Investco and Paytm CFO Madhur Deora. Source source https://www.musicbusinessworldwide.com/indias-thumpn-raises-3-75m-for-ai-powered-live-entertainment-platform/

'The allegations in the lawsuit are unilateral and unsubstantiated,' Big Hit Music said Source source https://www.musicbusinessworldwide.com/bts-label-big-hit-music-rejects-swim-copyright-claim-says-track-was-independently-created/

Pinilla will report to Chairman and CEO Jon Platt and remain based in the company's New York office. Source source https://www.musicbusinessworldwide.com/luis-pinilla-promoted-to-svp-global-head-of-strategy-at-sony-music-publishing/

Polenta will continue operating under its own brand and creative identity, led by co-founders Marina "Pol4ca" Frohmann and Ignacio Elizalde. Source source https://www.musicbusinessworldwide.com/latin-music-party-giant-bresh-global-acquires-majority-stake-in-argentinas-grupo-polenta-known-for-its-dj-driven-music-experiences/

The agreement gives GTS a preferential right to sign the artists who emerge from the program, plus a role in developing their eventual concert tour. Source source https://www.musicbusinessworldwide.com/umgs-gts-strikes-telemundo-deal-for-operacion-triunfo-estados-unidos-with-first-call-on-signing-the-shows-artists/