News and Trends

Frank Rogers previously served as Chief Creative Officer of Spirit Music, a role he has held since 2022. Source source https://www.musicbusinessworldwide.com/frank-rogers-elevated-to-ceo-of-spirit-music/

Bloomberg reports that the deal values The Black Label at 1 trillion won (approximately $660M) Source source https://www.musicbusinessworldwide.com/the-black-label-the-studio-behind-the-kpop-demon-hunters-soundtrack-just-raised-80m-with-investment-from-tencent-music/

SM Ticketmaster will partner with third-party venues, promoters and other ticketed experiences across concerts, sports and live events. Source source https://www.musicbusinessworldwide.com/ticketmaster-expands-into-the-philippines-through-sm-prime-partnership/

"Iceman" debuted at No. 1 on the Billboard 200 on May 30, giving the rapper his 15th chart-topper and matching Taylor Swift's tally among solo acts. Source source https://www.musicbusinessworldwide.com/drake-ties-taylor-swift-for-most-billboard-200-no-1-albums-among-solo-acts-and-sets-new-aria-chart-record-with-triple-drop/

Global deal will also see TikTok and UMG work together to remove unauthorized AI-generated music from the platform Source source https://www.musicbusinessworldwide.com/universal-music-group-and-tiktok-strike-new-multi-year-licensing-deal-with-expanded-ai-protections-for-artists-and-songwriters/

The event will kick off TikTok LIVE Premiere – the platform's new flagship LIVE series Source source https://www.musicbusinessworldwide.com/paul-mccartney-to-host-global-tiktok-live-qa-ahead-of-new-album-release-the-boys-of-dungeon-lane/