News and Trends

The Wall Street Journal, citing people familiar with the matter, reported that the deal's terms are similar to those of Rogan's previous Spotify agreement. Source source https://www.musicbusinessworldwide.com/spotify-renews-multi-year-licensing-deal-with-joe-rogan-his-last-one-was-reportedly-worth-250m/

Suno does not currently offer an official public API. MBW reported in July that the company was exploring the launch of one. Source source https://www.musicbusinessworldwide.com/elon-musk-says-grok-bot-will-use-sunos-ai-music-models-alongside-anthropics-claude-and-midjourney/

PMG says JP THE WAVY is PMG Japan's first major signing and that he will begin releasing new music through the partnership this fall. Source source https://www.musicbusinessworldwide.com/pacific-music-group-expands-to-tokyo-with-launch-of-pmg-japan-signs-japanese-rapper-jp-the-wavy/

The ad network, called TikTok Ad Network (TTAN), lets advertisers extend their TikTok campaigns to third-party apps. Source source https://www.musicbusinessworldwide.com/tiktok-brings-its-global-ad-network-to-the-us-and-unveils-agentic-ai-tools/

Under the deal, O2 and Virgin Media broadband customers will get 50% more tickets to shows at The O2 through Priority Tickets. Source source https://www.musicbusinessworldwide.com/londons-o2-arena-keeps-its-name-until-2038-as-aeg-and-o2-strike-uks-largest-ever-naming-rights-renewal/

US District Judge John G. Koeltl also ordered Michael Smith to forfeit USD $8,091,843.64, the loss figure agreed by both sides. Source source https://www.musicbusinessworldwide.com/man-behind-8m-ai-song-and-bot-streaming-fraud-is-sentenced-to-18-months-in-prison/