News and Trends

The platform now represents more than 200,000 independent artists and labels across more than 45 countries Source source https://www.musicbusinessworldwide.com/kobalt-founder-willard-ahdritz-to-lead-funding-round-in-indias-madverse-music-group/

Google argued that the artists licensed their music to YouTube when they uploaded it – and that the license covers the conduct they are now suing over. Source source https://www.musicbusinessworldwide.com/google-moves-to-dismiss-indie-artists-lawsuit-over-lyria-3-ai-training-arguing-they-licensed-their-music-to-youtube/

Janette Berrios was elevated to SVP, Corporate Marketing; Ed Poston to SVP, Head of A&R; Lane Roney to SVP, Finance; and Taylor Garland to EVP & CFO. Source source https://www.musicbusinessworldwide.com/symphonic-promotes-four-executives-with-taylor-garland-elevated-to-evp-cfo/

'Our new brand is about celebrating the enduring power of songwriting and giving it a clear voice, a lasting home, and a stronger future,' said UMPG Chairman and CEO Jody Gerson Source source https://www.musicbusinessworldwide.com/universal-music-publishing-group-unveils-new-brand-identity/

The ChatGPT maker said it has not decided on the timing yet, adding that "there are things we want to do that are likely easier as a private company." Source source https://www.musicbusinessworldwide.com/openai-confidentially-files-for-ipo-a-week-after-rival-anthropic-did-the-same/

Spotify has already begun adding footage from live events, including a Dua Lipa show in Mexico City, Bloomberg reported. Source source https://www.musicbusinessworldwide.com/spotify-seeking-rights-to-show-live-video-of-music-festivals-report/