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Spotify has pulled more than 50m ‘AI slop and spam’ tracks out of its recommendations this year

'AI-generated slop and spam don't belong in your recommendations, and we've made changes to keep them out and protect the listening experience,' Spotify said in a blog post. Source source https://www.musicbusinessworldwide.com/spotify-has-pulled-more-than-50m-ai-slop-and-spam-tracks-out-of-its-recommendations-this-year/

Björn Ulvaeus invests in MAIA Universe, as sync platform strikes deals with BMG, Kobalt and WMG

MAIA has also secured investment from Max Martin's MxM, and the RMV studio team, led by Ludvig Andersson, son of ABBA member Benny Andersson. Source source https://www.musicbusinessworldwide.com/abbas-bjorn-ulvaeus-invests-in-maia-universe-as-sync-platform-strikes-deals-with-bmg-kobalt-and-wmg/

Reservoir acquires Billy Strayhorn’s publishing catalog, will participate in jazz composer’s name, image, and likeness rights

The acquisition builds on a relationship between Reservoir and the estate (Billy Strayhorn Songs, Inc.) that dates back to 2014. Source source https://www.musicbusinessworldwide.com/reservoir-acquires-billy-strayhorns-publishing-catalog-will-participate-in-jazz-composers-name-image-and-likeness-rights/

Musixmatch acquires Songdex owner Music Reports, as it looks to become a ‘full-stack rights and royalties platform’

The deal marks the first acquisition in Bologna-based Musixmatch's 16-year history. Source source https://www.musicbusinessworldwide.com/musixmatch-acquires-songdex-owner-music-reports-as-it-looks-to-become-a-full-stack-rights-and-royalties-platform/

From Universal Music’s fresh round of layoffs to Spotify’s catalog surge… it’s MBW’s Weekly Round-up

The biggest headlines from the past few days... Source source https://www.musicbusinessworldwide.com/from-universal-musics-fresh-round-of-layoffs-to-spotifys-catalog-surge-its-mbws-weekly-round-up/

SeatGeek, Vivid Seats, others sue Washington, D.C., to block its 10% cap on ticket resale prices

The plaintiffs are seeking a preliminary injunction against the District's RESALE Act, which is set to apply from January 1, 2027. Source source https://www.musicbusinessworldwide.com/seatgeek-vivid-seats-others-sue-washington-d-c-to-block-its-10-cap-on-ticket-resale-prices/

Chance the Rapper wins second trial against ex-manager Pat Corcoran, who must hand over merch vendor payments – and up to $1.5M in fees, according to Chance’s team

The ruling does not put a number on what Corcoran owes, but representatives for Chance say he is likely to forfeit up to $1.5 million in management fees. Source source https://www.musicbusinessworldwide.com/chance-the-rapper-wins-second-trial-against-ex-manager-pat-corcoran-who-must-hand-over-merch-vendor-payments-and-up-to-1-5m-in-fees-according-to-chances-team/