News and Trends

Suno stated in a blog post on Monday (August 10) that the download restrictions "will make it harder for bad actors to mass-export music" Source source https://www.musicbusinessworldwide.com/suno-limits-subscribers-downloads-per-month/

Overall revenues were driven by an 11% YoY rise in the company's music-related services division Source source https://www.musicbusinessworldwide.com/tencent-music-generated-1-32b-in-q2-up-5-8-yoy-driven-by-concert-growth-and-the-integration-of-ximalaya/

From February 1, 2027, new applicants to the YouTube Partner Program will need about 20 million qualified Shorts views over the previous 90 days. Source source https://www.musicbusinessworldwide.com/new-youtube-creators-will-need-8000-watch-hours-to-start-earning-from-ads-double-the-current-bar/

Glass will lead its Business & Legal Affairs function and take on responsibility for its Partnerships team. Source source https://www.musicbusinessworldwide.com/jon-glass-appointed-general-counsel-at-merlin/

Veeps is the ticketed livestream service in which Live Nation owns a majority stake. Source source https://www.musicbusinessworldwide.com/live-nation-backed-veeps-lays-off-nearly-all-editorial-staff-at-brooklynvegan-revolver-and-other-music-publications-report/

The agreement, struck with Czech investment group PPF, also covers the 5,000-capacity O2 Universum and the 4,000-capacity Forum Karlín. Source source https://www.musicbusinessworldwide.com/live-nation-acquires-majority-stake-in-three-prague-venues-as-it-expands-across-central-and-eastern-europe/