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Weeks after Beyoncé’s ‘Alien Superstar’ sample suit was dismissed, a second one is filed – this time Beyoncé is a defendant

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The other defendants are Parkwood Entertainment, Sony Music Entertainment, Sony Music Publishing, W Chappell Music Corp. and John Holiday. Source source https://www.musicbusinessworldwide.com/weeks-after-beyonces-alien-superstar-sample-suit-was-dismissed-a-second-one-is-filed-this-time-beyonce-is-a-defendant/
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Virgin Music Group appoints Syaheed MSBI as Vice President of AMEA region

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Syaheed joins from Believe to oversee Virgin’s operations across Africa, the Middle East and Asia Source source https://www.musicbusinessworldwide.com/virgin-music-group-appoints-syaheed-msbi-as-vice-president-of-amea-region/
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Exceleration Music partners with Christian hip-hop label Reach Records

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The deal gives Reach worldwide physical and digital distribution through Redeye Worldwide, the distributor Exceleration acquired in September 2023. Source source https://www.musicbusinessworldwide.com/exceleration-music-partners-with-reach-records-the-christian-hip-hop-label-suing-umgs/
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Suno inks global licensing deal with BMG, ahead of launching new music model

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BMG is the first significant rightsholder to ink a licensing deal with Suno since Warner Music Group announced an alliance with the AI company nine months ago. Source source https://www.musicbusinessworldwide.com/suno-inks-global-licensing-deal-with-bmg/
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AEG Presents strikes strategic partnership with Creativeman Productions, promoter of Japan’s Summer Sonic festival

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AEG Presents and Creativeman announced the deal on Tuesday (August 11), expanding AEG Presents' presence in Japan. Source source https://www.musicbusinessworldwide.com/aeg-presents-strikes-strategic-partnership-with-creativeman-productions-promoter-of-japans-summer-sonic-festival/
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Suno limits Pro subscribers to 20 song downloads per month, while promising new models ‘developed in partnership with the music industry’

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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/
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Tencent Music generated $1.32B in Q2, up 5.8% YoY – driven by concert growth and the integration of Ximalaya

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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/
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