Posts

Jared Gutstadt’s Audio Chateau Records secures up to $9M in Series A financing, with Poo Bear joining as strategic advisor

The company said the money will support the next phase of its artist-development model, which brings together record-label functions, content production, and commercial partnerships across sports, brands, live entertainment, and media. Source source https://www.musicbusinessworldwide.com/jared-gutstadts-audio-chateau-records-secures-up-to-9m-in-series-a-financing-with-poo-bear-joining-as-strategic-advisor/

YouTube Music and Premium surpass 150 million subscribers globally

Google and Alphabet CEO Sundar Pichai disclosed the milestone on Wednesday (October 28) Source source https://www.musicbusinessworldwide.com/youtube-music-and-premium-surpass-150-million-subscribers-globally/

Primary Wave’s Larry Mestel receives City of Hope’s Spirit of Life Award, raising millions of dollars for cancer research

Stevie Nicks, Melissa Etheridge, and Jackson Browne performed at the event on Tuesday (October 27) at the Pacific Design Center in West Hollywood. Source source https://www.musicbusinessworldwide.com/primary-waves-larry-mestel-receives-city-of-hopes-spirit-of-life-award-raising-millions-of-dollars-for-cancer-research/

PRS for Music partners with B2B streaming service Soundtrack to get data on music played in 7,000 UK shops, bars and public spaces – and pay royalties accordingly

PRS will begin incorporating that data into royalty payments to songwriters, composers, and music publishers from December 2026. Source source https://www.musicbusinessworldwide.com/prs-for-music-partners-with-b2b-streaming-service-soundtrack-to-get-data-on-music-played-in-7000-uk-shops-bars-and-public-spaces-and-pay-royalties-accordingly/

JYP: We haven’t received a proposal to buy 25%+ of our shares

South Korea’s Financial Supervisory Service warned investors about the plan and said it would investigate if it suspected unfair trading. Source source https://www.musicbusinessworldwide.com/jyp-we-havent-received-a-proposal-to-buy-25-of-our-shares/

‘My view is simple: embrace technology, and respect rights.’

Dr. Richard James Burgess MBE spent a decade leading A2IM before stepping down last year. Now, as Chair of PPL, he explains his vision for the org’s future – and why he’s both pro-technology and pro-rights… Source source https://www.musicbusinessworldwide.com/my-view-is-simple-embrace-technology-and-respect-rights/