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ElevenLabs’s $11B valuation is more than twice the size of Suno’s. It just struck a global AI music deal with UMG.

ElevenLabs will launch an AI-powered music platform for fans under the deal, with the two companies also jointly developing AI audio products for artists and songwriters Source source https://www.musicbusinessworldwide.com/elevenlabss-11b-valuation-is-more-than-twice-the-size-of-sunos-its-just-struck-a-global-ai-music-deal-with-umg/

Former TuneCore chief Andreea Gleeson appointed CEO of beatBread

Gleeson succeeds Tracy Maddux, who has run beatBread on an interim basis since November 2025. Source source https://www.musicbusinessworldwide.com/former-tunecore-chief-andreea-gleeson-appointed-ceo-of-beatbread/

Time to go private? On Warner, Universal, and dissatisfaction with public market valuations.

The latest 'Tim's Take' from Music Business Worldwide founder, Tim Ingham Source source https://www.musicbusinessworldwide.com/time-to-go-private-on-warner-universal-and-the-widening-gap-between-public-and-private-music-valuations/

Annie Christensen appointed VP, Catalogue at Warner Chappell Music UK

Christensen joins the publishing arm of Warner Music Group from a career in A&R, and will report to WCM UK President Shani Gonzales. Source source https://www.musicbusinessworldwide.com/annie-christensen-appointed-vp-catalogue-at-warner-chappell-music-uk/

Warner Chappell strikes global deal with France’s Kidding Aside – as electronic music indie launches publishing venture with Nicolas Klersy as Partner

Warner Chappell described Kidding Aside as "one of France's most influential independent electronic music companies." Source source https://www.musicbusinessworldwide.com/warner-chappell-strikes-global-deal-with-frances-kidding-aside-as-electronic-music-indie-launches-publishing-venture-with-nicolas-klersy-as-partner/

Suno launches v6 AI music models in partnership with WMG, BMG and Believe

Suno's previous models will be retired, according to Chief Product Officer Jack Brody Source source https://www.musicbusinessworldwide.com/suno-v6-ai-music-models-launch-in-partnership-with-wmg-bmg-and-believe/

UMG has now bought back nearly €1 billion of its shares this year

The €999.2 million outlay came in some €813,000 below the program's €1 billion headline figure as the first tranche closed under its own €500 million cap. Source source https://www.musicbusinessworldwide.com/umg-has-now-bought-back-e1-billion-of-its-shares-this-year/