News and Trends

Suno argued that granting the labels' request would deny the company a timely ruling on whether training its AI model on copyrighted music is fair use. Source source https://www.musicbusinessworldwide.com/suno-asks-court-to-block-umg-and-sony-from-expanding-copyright-lawsuit-to-over-61000-recordings/

Universal Music Group and its subsidiary Virgin Music Group have agreed to sell Curve Royalty Systems to Jamen Capital and Merlin. The sale is the divestment that the European Commission required as a condition of clearing Universal Music Group‘s $775 million acquisition of Downtown Music Holdings in February. It paves the way for Curve, the royalty processing platform used by thousands … Continued Source source https://www.musicbusinessworldwide.com/universal-sells-curve-royalty-systems-to-merlin-and-matt-spetzlers-jamen-capital/

The biggest headlines from the past few days... Source source https://www.musicbusinessworldwide.com/from-sunos-5-4b-valuation-to-bill-ackmans-exit-from-universal-music-its-mbws-weekly-round-up/

El Jelali first joined WMG in 2023 as Head of A&R at Atlantic Records Benelux, where he worked with artists including Diamond-certified Roxy Dekker. Source source https://www.musicbusinessworldwide.com/soraib-el-jelali-appointed-head-of-ar-at-warner-chappell-music-benelux/

The 12-month program is open to applicants aged 16 to 18 who are permanent residents or citizens of New Zealand. Source source https://www.musicbusinessworldwide.com/umg-launches-nextwav-artist-development-program-in-new-zealand/

Kanya King, the widely respected music executive, founder of the MOBO Awards, and champion of Black British music, has died at the age of 57. King passed away on Wednesday (June 3) after “a courageous and characteristically determined battle with colon cancer,” the MOBO Organisation said in a statement today (June 5). King was surrounded … Continued Source source https://www.musicbusinessworldwide.com/mobo-awards-founder-kanya-king-dies-at-57/