News and Trends

El Jelali first joined WMG in 2023 as Head of A&R at Atlantic Records Benelux, where he worked with artists including Diamond-certified Roxy Dekker. Source source https://www.musicbusinessworldwide.com/soraib-el-jelali-appointed-head-of-ar-at-warner-chappell-music-benelux/

The 12-month program is open to applicants aged 16 to 18 who are permanent residents or citizens of New Zealand. Source source https://www.musicbusinessworldwide.com/umg-launches-nextwav-artist-development-program-in-new-zealand/

Kanya King, the widely respected music executive, founder of the MOBO Awards, and champion of Black British music, has died at the age of 57. King passed away on Wednesday (June 3) after “a courageous and characteristically determined battle with colon cancer,” the MOBO Organisation said in a statement today (June 5). King was surrounded … Continued Source source https://www.musicbusinessworldwide.com/mobo-awards-founder-kanya-king-dies-at-57/

CISAC President Björn Ulvaeus delivered a speech at the org's General Assembly in Paris on Thursday (June 4), covering AI, copyright, licensing, Suno and more Source source https://www.musicbusinessworldwide.com/abba-bjorn-ulvaeus-on-ai-human-creativity-is-not-just-expression-it-is-testimony-a-life-lived/

UMG repurchased 14,156,285 of its ordinary shares at €17.66 each after its board recently rejected a takeover proposal from Ackman and Pershing Square. Source source https://www.musicbusinessworldwide.com/umg-spends-290m-buying-back-stock-from-bill-ackmans-pershing-square-amid-funds-exit-from-music-company/

The following MBW op/ed comes from Deviate Digital founder Sammy Andrews... Source source https://www.musicbusinessworldwide.com/the-music-industry-doesnt-have-a-streaming-problem-it-has-a-customer-ownership-problem/