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Having paid $11M to voice creators to date, ElevenLabs launches Music Marketplace to let its users monetize their AI-generated tracks

ElevenLabs says that 14m+ 'studio-grade tracks have been created' since the launch of its Eleven Music AI music generator last year Source source https://www.musicbusinessworldwide.com/having-paid-11m-to-voice-creators-to-date-elevenlabs-launches-music-marketplace-to-let-its-users-monetize-their-ai-generated-tracks/

Confirmed: Primary Wave Music to acquire Kobalt from Francisco Partners

Kobalt to continue standalone operations under current management Source source https://www.musicbusinessworldwide.com/confirmed-primary-wave-music-to-acquire-kobalt-from-francisco-partners/

BTS smash K-Pop records with new album Arirang – but HYBE shares drop after comeback concert draws smaller crowd than expected

All 14 tracks from the album also occupied spots on the Spotify Global Top 50, with the lead single SWIM, debuting at No. 1. Source source https://www.musicbusinessworldwide.com/bts-smash-k-pop-records-with-new-album-arirang-but-hybe-shares-drop-after-comeback-concert-draws-smaller-crowd-than-expected/

Chance the Rapper beats Pat the Manager’s $3.8M lawsuit — but wins just $35 in countersuit

The verdict capped a legal fight that began in 2020 when Pat Corcoran sued Chance the Rapper alleging unpaid commissions. Source source https://www.musicbusinessworldwide.com/chance-the-rapper-beats-pat-the-managers-3-8m-lawsuit-but-wins-just-35-in-countersuit/

Warner Music Group inks exclusive Netflix deal to make artist and songwriter documentaries

The streamer will develop "documentary series and films exploring the lives, music and legacies" of WMG's roster. Source source https://www.musicbusinessworldwide.com/warner-music-group-inks-exclusive-netflix-deal-to-make-artist-and-songwriter-documentaries/

As recorded music revenues hit $31.7B globally, IFPI CEO Victoria Oakley explains the opportunities – and the threats – ahead

The global music industry just crossed a symbolic threshold. Worldwide recorded music revenues reached USD $31.7 billion in 2025, surpassing $30 billion for the first time and marking the industry’s eleventh consecutive year of growth. That figure, revealed within the IFPI’s Global Music Report 2026, is more than double the industry’s nadir of $13.1 billion … Continued Source source https://www.musicbusinessworldwide.com/as-recorded-music-revenues-hit-31-7b-globally-ifpi-ceo-victoria-oakley-explains-the-opportunities-and-the-threats-ahead/

Tina Turner music interests acquired by Pophouse in ‘strategic transaction’ with BMG

Deal with BMG also covers the late superstar's Name, Image and Likeness (NIL) rights. Source source https://www.musicbusinessworldwide.com/tina-turner-music-interests-acquired-by-pophouse-in-strategic-transaction-with-bmg/