News and Trends

Fix the Tix also pushes for disclosure of the base ticket price, and a prohibition on speculative ticketing. Source source https://www.musicbusinessworldwide.com/music-industry-groups-push-senate-to-tighten-ticket-act-cap-resale-fees-at-10/

London-based 7Wallace has worked with artists across hip-hop, soul, electronic, and alternative music Source source https://www.musicbusinessworldwide.com/idris-elba-owned-indie-label-7wallace-strikes-strategic-partnership-with-nas-mass-appeal-records/

Nashville-based executive expands oversight of digital licensing and royalty tracking operations as publisher continues broader leadership reshuffle. Source source https://www.musicbusinessworldwide.com/michael-riggs-promoted-to-svp-licensing-income-tracking-at-sony-music-publishing/

The company remains majority-owned by its founders, with institutional investors Ares Management, 2 Mile, and Flexpoint Ford each holding minority stakes. Source source https://www.musicbusinessworldwide.com/create-music-group-at-2-2-billion-valuation-completes-450-million-fundraise/

The committee pushed for the prohibition of unauthorized AI training without creator consent, and transparency in the AI creation process. Source source https://www.musicbusinessworldwide.com/south-koreas-music-rights-groups-form-coalition-to-confront-ai-copyright-crisis/

The group claims Sony has been using the wrong royalty formula for their streams. Source source https://www.musicbusinessworldwide.com/sony-music-sued-by-lit-the-band-behind-pop-punk-hit-my-own-worst-enemy-over-alleged-unpaid-streaming-royalties/