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K-pop’s ‘Big Four’ and South Korean government reveal plans for Fanomenon festival in Seoul and Los Angeles

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The inaugural edition will run for 11 days across Seoul Arena in the city's Chang-dong district and the KINTEX exhibition center in nearby Goyang. Source source https://www.musicbusinessworldwide.com/k-pops-big-four-and-south-korean-government-reveal-plans-for-fanomenon-festival-in-seoul-and-los-angeles/
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Jenni Pfaff promoted to Chief People and Transformation Officer at HYBE in new global role

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She will report to HYBE CEO Jason Jaesang Lee and remain based in Los Angeles. Source source https://www.musicbusinessworldwide.com/jenni-pfaff-promoted-to-chief-people-and-transformation-officer-at-hybe-in-new-global-role/
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Suno faces proposed class action lawsuit over data breach

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The suit was filed on Friday (July 24) in the US District Court for the District of Massachusetts Source source https://www.musicbusinessworldwide.com/suno-hit-with-class-action-lawsuit-over-data-breach-reportedly-affecting-55m-users/
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Bad Bunny grossed $467.5M on Debí Tirar Más Fotos World Tour (report)

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The total fell 2.5% short of the highest-grossing Latin tour ever regardless of gender: Shakira's Las Mujeres Ya No Lloran tour. Source source https://www.musicbusinessworldwide.com/bad-bunny-grossed-467-5m-on-debi-tirar-mas-fotos-world-tour-report/
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Too Lost partners with Roblox to bring catalog of independent music to games and virtual spaces

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Tracks from The All-American Rejects, A$AP Ferg, Teddy Swims, and Alex Warren will be available to Roblox creators to use in games and virtual spaces. Source source https://www.musicbusinessworldwide.com/too-lost-partners-with-roblox-to-bring-catalog-of-independent-music-to-games-and-virtual-spaces/
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UK recorded music exports hit record $1.05B in 2025, up just 0.8% YoY

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2025 was the first time the annual total had surpassed £800M, which converts to USD $1.05B Source source https://www.musicbusinessworldwide.com/uk-recorded-music-exports-hit-record-1-05b-in-2025-up-just-0-8-yoy/
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Qobuz rolls out real-time synced lyrics to all subscribers

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Qobuz's redesigned player carries visuals that shift with a track's album artwork and keeps a mini-player on screen while users navigate the app. Source source https://www.musicbusinessworldwide.com/qobuz-rolls-out-real-time-synced-lyrics-to-all-subscribers/
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