News and Trends

The complaints stemmed from a statement that HYBE issued in 2024, which alleged that Min had consulted a shaman on matters related to running ADOR. Source source https://www.musicbusinessworldwide.com/south-korean-prosecutors-decline-to-charge-hybe-executives-over-min-hee-jins-criminal-complaints-report/

A North Carolina man faces fraud charges for allegedly using a fake banking website and forged records to acquire hundreds of millions of Napster shares. Source source https://www.musicbusinessworldwide.com/napsters-3bn-investor-charged-with-fraud-as-us-authorities-say-the-money-never-existed/

The company says it now receives around 75,000 fully AI-generated tracks every day Source source https://www.musicbusinessworldwide.com/after-licensing-its-ai-detection-tech-to-the-music-industry-deezer-now-lets-listeners-scan-their-own-playlists-for-ai-slop/

The platform now represents more than 200,000 independent artists and labels across more than 45 countries Source source https://www.musicbusinessworldwide.com/kobalt-founder-willard-ahdritz-to-lead-funding-round-in-indias-madverse-music-group/

Google argued that the artists licensed their music to YouTube when they uploaded it – and that the license covers the conduct they are now suing over. Source source https://www.musicbusinessworldwide.com/google-moves-to-dismiss-indie-artists-lawsuit-over-lyria-3-ai-training-arguing-they-licensed-their-music-to-youtube/

Janette Berrios was elevated to SVP, Corporate Marketing; Ed Poston to SVP, Head of A&R; Lane Roney to SVP, Finance; and Taylor Garland to EVP & CFO. Source source https://www.musicbusinessworldwide.com/symphonic-promotes-four-executives-with-taylor-garland-elevated-to-evp-cfo/