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Primary Wave in talks to potentially acquire Kobalt Music Group

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MBW understands that Larry Mestel-led Primary Wave is among a number of potential suitors who have been in discussions with Kobalt's majority owner, private equity firm Francisco Partners (FP), in recent months. Source source https://www.musicbusinessworldwide.com/primary-wave-is-in-talks-over-potentially-acquiring-kobalt-music-group/
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Julie Lamb promoted to Chief Talent Officer at AEG’s AXS; Jason Boxer upped to Chief Financial Officer

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Lamb was previously SVP of Human Resources, while Boxer served as SVP of Accounting and Finance. Source source https://www.musicbusinessworldwide.com/julie-lamb-promoted-to-chief-talent-officer-at-aegs-axs-jason-boxer-upped-to-chief-financial-officer/
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The Circuit Group launches indie artist and label services arm, Beat Switch

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Beat Switch Music Services has been operating quietly for the past 24 months, and now supports more than 20 independent labels. Source source https://www.musicbusinessworldwide.com/the-circuit-group-launches-indie-artist-and-label-services-arm-beat-switch/
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Suno hits 2M paid subscribers; $300M annual revenue

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CEO and co-founder Mikey Shulman shared the figures this week, two years after the platform's launch Source source https://www.musicbusinessworldwide.com/suno-hits-2m-paid-subscribers-300m-annual-revenue/
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‘End Streaming Fraud.’

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The following MBW op/ed comes from Victoria Oakley, Chief Executive Officer of the IFPI, and Mitch Glazier, CEO of the RIAA Source source https://www.musicbusinessworldwide.com/end-streaming-fraud/
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Sony Group’s blueprint for AI music detection tech is promising. Here’s what it’s working on…

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MBW reacts to three research papers detailed by Sony AI. Source source https://www.musicbusinessworldwide.com/sonys-blueprint-for-ai-music-detection-tech-is-promising-heres-what-its-working-on/
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