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Showing posts from February, 2026

How Jeff Waye and Patrick Curley built Third Side Music into an indie publishing powerhouse with USD $25M in annual revenues

MBW's Trailblazers meets Jeff Waye, Co-Founder and COO, and Patrick Curley, Co-Founder, President and CEO, of independent publisher Third Side Music Source source https://www.musicbusinessworldwide.com/how-jeff-waye-and-patrick-curley-built-third-side-music-into-an-indie-publishing-powerhouse-with-usd-25m-in-annual-revenues/

From the ‘Say No to Suno’ campaign to GoldState securing ‘significant’ investment from Bridgepoint… it’s MBW’s weekly round-up

The biggest headlines from the past few days... Source source https://www.musicbusinessworldwide.com/from-the-say-no-to-suno-campaign-to-goldstates-significant-bridgepoint-investment-its-mbws-weekly-round-up/

Primary Wave in talks to potentially acquire Kobalt Music Group

MBW understands that Larry Mestel-led Primary Wave is among a number of potential suitors who have been in discussions with Kobalt's majority owner, private equity firm Francisco Partners (FP), in recent months. Source source https://www.musicbusinessworldwide.com/primary-wave-is-in-talks-over-potentially-acquiring-kobalt-music-group/

Julie Lamb promoted to Chief Talent Officer at AEG’s AXS; Jason Boxer upped to Chief Financial Officer

Lamb was previously SVP of Human Resources, while Boxer served as SVP of Accounting and Finance. Source source https://www.musicbusinessworldwide.com/julie-lamb-promoted-to-chief-talent-officer-at-aegs-axs-jason-boxer-upped-to-chief-financial-officer/

The Circuit Group launches indie artist and label services arm, Beat Switch

Beat Switch Music Services has been operating quietly for the past 24 months, and now supports more than 20 independent labels. Source source https://www.musicbusinessworldwide.com/the-circuit-group-launches-indie-artist-and-label-services-arm-beat-switch/

Suno hits 2M paid subscribers; $300M annual revenue

CEO and co-founder Mikey Shulman shared the figures this week, two years after the platform's launch Source source https://www.musicbusinessworldwide.com/suno-hits-2m-paid-subscribers-300m-annual-revenue/

‘End Streaming Fraud.’

The following MBW op/ed comes from Victoria Oakley, Chief Executive Officer of the IFPI, and Mitch Glazier, CEO of the RIAA Source source https://www.musicbusinessworldwide.com/end-streaming-fraud/

Sony Group’s blueprint for AI music detection tech is promising. Here’s what it’s working on…

MBW reacts to three research papers detailed by Sony AI. Source source https://www.musicbusinessworldwide.com/sonys-blueprint-for-ai-music-detection-tech-is-promising-heres-what-its-working-on/

Grammy winner Shaboozey signs publishing deal with EMPIRE

Agreement extends artist’s relationship with EMPIRE beyond recordings following breakout chart success Source source https://www.musicbusinessworldwide.com/grammy-winner-shaboozey-signs-publishing-deal-with-empire/

Sacem secures ‘landmark’ agreement with UAE-based CMO, the Emirates Music Rights Association (EMRA)

The deal is said to mark a "turning point" for the protection and fair remuneration of creators, authors, composers, and publishers in the UAE. Source source https://www.musicbusinessworldwide.com/sacem-secures-landmark-agreement-with-uae-based-cmo-the-emirates-music-rights-association-emra/

Min Hee-jin proposes to forgo $18M court win in exchange for HYBE dropping all lawsuits against her, NewJeans, ex-employees and fans

Min tells HYBE Chairman Bang Si-hyuk to "meet in the realm of creation, not in the courtroom.” Source source https://www.musicbusinessworldwide.com/min-hee-jin-offers-to-forgo-18m-payout-if-hybe-drops-all-lawsuits-against-her-newjeans-ex-employees-and-fans/

Artist representatives launch ‘Say No To Suno’ campaign: ‘AI slop dilutes the royalty pools of legitimate artists from whose music this slop is derived.’

Open letter slams AI music generator Source source https://www.musicbusinessworldwide.com/artist-representatives-launch-say-no-to-suno-campaign-ai-slop-dilutes-the-royalty-pools-of-legitimate-artists-from-whose-music-this-slop-is-derived/

Why true independence in music has never been more important

The following MBW op/ed comes from Pascal Bittard, founding President of digital distributor and artist & label services company IDOL Source source https://www.musicbusinessworldwide.com/why-true-independence-in-music-has-never-been-more-important/

John Langford promoted to President, Asia-Pacific for AEG International

Langford will lead the development and execution of AEG’s Asia-Pacific expansion strategy across venues and real estate. Source source https://www.musicbusinessworldwide.com/john-langford-promoted-to-president-asia-pacific-for-aeg-international/

Suno hires ex-Merlin CEO Jeremy Sirota as Chief Commercial Officer

Sirota will report directly to CEO Mikey Shulman. Source source https://www.musicbusinessworldwide.com/suno-hires-ex-merlin-ceo-jeremy-sirota-as-chief-commercial-officer/

AI sample generator Just 4 Noise raises $1M from BADideas.fund, Sound Hub Denmark and more

Just 4 Noise lets producers describe the sound they want and get “individual, unique, royalty-free sounds” that they can drop directly into their DAW. Source source https://www.musicbusinessworldwide.com/ai-sample-generator-just-4-noise-raises-1m-from-badideas-fund-sound-hub-denmark-and-more/

Apple revives the Apple Music Connect name — this time as a B2B promo platform for labels and distributors

The relaunched Apple Music Connect gives label and distributor teams a single dashboard to manage the parts of a release cycle. Source source https://www.musicbusinessworldwide.com/apple-revives-the-apple-music-connect-name-this-time-as-a-b2b-promo-platform-for-labels-and-distributors/

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Live Nation says Ticketmaster breakup threat is already over, calls for DOJ settlement: ‘It’s time to move on.’

Live Nation's EVP of Corporate and Regulatory Affairs, Dan Wall, said the company is "ready" to reach a deal with the DOJ and state attorneys general Source source https://www.musicbusinessworldwide.com/live-nation-says-ticketmaster-breakup-threat-is-already-over-calls-for-doj-settlement-its-time-to-move-on/

Live Nation annual revenues top $25B in 2025, up $2B YoY, with adjusted operating profit of $2.4B

Another banner year for Michael Rapino's company – complete with a US vs. non-US milestone Source source https://www.musicbusinessworldwide.com/live-nation-annual-revenues-top-25b-in-2025-up-2b-yoy-with-adjusted-operating-profit-of-2-4b/

Meet Jake Basden, CEO of HYBE AMERICA Nashville’s Blue Highway Records: ‘I bring a manager’s mentality to the position.’

MBW caught up with Basden for an exclusive interview... Source source https://www.musicbusinessworldwide.com/meet-jake-basden-ceo-of-hybe-america-nashvilles-blue-highway-records-i-bring-a-managers-mentality-to-the-position/

Sphere Entertainment’s revenues topped $1.2bn in 2025, up 8% YoY; Wizard Of Oz has generated $290M since August launch

The Las Vegas venue's concert residencies in 2025 included the Eagles, Dead & Company, and the Backstreet Boys. Source source https://www.musicbusinessworldwide.com/sphere-entertainments-revenues-topped-1-2bn-in-2025-up-8-yoy-wizard-of-oz-has-generated-290m-since-august/

Sony Music France acquires Paris-based indie label and publishing company Spookland

Spookland will transition into Bleu Revolver, which will continue operating as an independent label in partnership with Sony Music Group France. Source source https://www.musicbusinessworldwide.com/sony-music-france-acquires-paris-based-indie-label-and-publishing-company-spookland/

AWAL strikes global distribution deal with Italy’s Artist First

Artist First will offer local marketing and promotional services to AWAL artists looking to break into the Italian market. Source source https://www.musicbusinessworldwide.com/awal-strikes-global-distribution-deal-with-italys-artist-first/

US state attorneys general ready to take Live Nation to trial, with or without DoJ (report)

State attorneys general plan to meet later this week to discuss the case without federal government participation, Bloomberg reported. Source source https://www.musicbusinessworldwide.com/us-state-attorneys-general-ready-to-take-live-nation-to-trial-with-or-without-doj-report/

Deezer launches ‘Flow Tuner’ to give users more control over algorithmic playlists

Flow Tuner adjusts recommendations in real time instead of relying on likes, dislikes or skips. Source source https://www.musicbusinessworldwide.com/deezer-launches-flow-tuner-to-give-users-more-control-over-algorithmic-playlists/

‘A modern collecting society needs the pace and resilience of a modern digital service.’

 The following MBW op/ed comes from Andrea Czapary Martin, CEO of PRS for Music. Source source https://www.musicbusinessworldwide.com/a-modern-collecting-society-needs-the-pace-and-resilience-of-a-modern-digital-service/

Music distributor Alliance Entertainment says it sold over 16m vinyl records and 13m CDs in 2025

US-based distributor also reported an uptick in its vinyl and CD sales for calendar Q4 2025 Source source https://www.musicbusinessworldwide.com/music-distributor-alliance-entertainment-sold-over-16m-vinyl-records-and-13m-cds-in-2025/

Switzerland’s MusicBird acquires publishing catalog of R&B duo and Drake collaborators Majid Jordan

Majid Jordan have co-written and co-produced tracks for artists including Drake, Beyoncé, DJ Khaled, Justin Bieber and Miley Cyrus. Source source https://www.musicbusinessworldwide.com/switzerlands-musicbird-acquires-publishing-catalog-of-rb-duo-and-drake-collaborators-majid-jordan/

HYBE’s US restructure, Weverse turns profitable and concerts boom: 3 things to know from the K-pop giant’s latest earnings call

HYBE’s latest earnings call offered a clear signal of where the K-pop giant’s priorities lie in 2026: the return of BTS. All seven members have completed their mandatory military service, and will release their fifth studio album, ARIRANG, on March 20 – followed by what HYBE is billing as the largest tour ever by a … Continued Source source https://www.musicbusinessworldwide.com/hybes-us-restructure-weverse-turns-profitable-and-concerts-boom-3-things-to-know-from-the-k-pop-giants-latest-earnings-call/

Casey Wasserman puts talent agency up for sale amid fallout over Epstein files

Wasserman backer Providence Equity Partners says it 'remain[s] fully committed' to the agency Source source https://www.musicbusinessworldwide.com/casey-wasserman-puts-talent-agency-up-for-sale-amid-epstein-fallout/

YouTube Music rolls out AI-powered playlist generator tool for Premium users

The launch makes YouTube Music the latest to offer the feature as rivals Spotify, Amazon Music and Deezer have already rolled out the same tool in recent years. Source source https://www.musicbusinessworldwide.com/youtube-music-rolls-out-ai-powered-playlist-generator-tool-for-premium-users/

From UMG’s approved Downtown deal to Spotify’s AI ambitions… it’s MBW’s weekly round-up

The biggest headlines from the past few days... Source source https://www.musicbusinessworldwide.com/from-umgs-approved-downtown-deal-to-spotifys-ai-ambitions-its-mbws-weekly-round-up/

NetEase Cloud Music now counts over 1 million registered indie artists

The platform has published its FY 2025 results, in which it reported that its membership subscription revenues rose 13.3% YoY in 2025 Source source https://www.musicbusinessworldwide.com/netease-cloud-music-now-counts-over-1-million-registered-indie-artists/

Kobalt strikes strategic publishing deal with London-based Geo Music Group, covering funding for songwriters and admin services

The agreement gives Geo Music’s roster access to Kobalt's royalty collection, accounting and payment infrastructure. Source source https://www.musicbusinessworldwide.com/kobalt-strikes-strategic-publishing-deal-with-london-based-geo-music-group-covering-funding-for-songwriters-and-admin-services/

HYBE ordered to pay former ADOR CEO Min Hee-jin $17.6m in shareholder agreement lawsuit

Judge Nam In-soo ruled that Min’s actions did not constitute a material breach to justify terminating the shareholder agreement. Source source https://www.musicbusinessworldwide.com/hybe-ordered-to-pay-min-hee-jin-17-6m-in-shareholder-agreement-lawsuit/

UMG strikes global deal with ClicknClear to license songs for gymnastics, figure skating and more

UMG and ClicknClear estimate that over 150 million athletes join choreographed sports globally, creating “a multi-billion-dollar demand for music licensing.” Source source https://www.musicbusinessworldwide.com/umg-strikes-global-deal-with-clicknclear-to-license-songs-for-gymnastics-figure-skating-and-more/

Warner partners with UK-based music development organization Generator to ‘power new creative opportunities’ in North of England

Three-year agreement aims to improve long-term industry access and career pathways for talent in the north of England Source source https://www.musicbusinessworldwide.com/warner-partners-with-uk-based-music-development-organization-generator-to-power-new-creative-opportunities-in-north-of-england/

Chappell Roan quits Wasserman Agency after CEO’s name surfaces in Epstein files

'As of today, I am no longer represented by Wasserman, the talent agency led by Casey Wasserman,' Roan confirmed in a statement on February 9 Source source https://www.musicbusinessworldwide.com/chappell-roan-quits-wasserman-agency-after-ceos-name-surfaces-in-epstein-files/

Spotify hits 290m paid subscribers in Q4, as streaming giant posts $2.5bn annual operating profit for 2025

Spotify published its Q4 and FY 2025 results today (February 10). Source source https://www.musicbusinessworldwide.com/spotify-subscriber-base-hits-290m-in-q4-as-streaming-giant-posts-2-5bn-annual-operating-profit-for-2025/

Scared Hitless?

What the latest stats tell us about the US hits business, and how 'catalog' is gaining market share. Source source https://www.musicbusinessworldwide.com/scared-hitless/

Pirate Group Anna’s Archive fails to respond to labels’ copyright lawsuit, paving way for default judgment

Anna's Archive failed to respond to copyright infringement allegations and appear at a scheduled court hearing. Source source https://www.musicbusinessworldwide.com/pirate-group-annas-archive-fails-to-respond-to-labels-copyright-lawsuit-paving-way-for-default-judgment/

The MLC and Pandora file competing summary judgment motions in mechanical royalties dispute

The MLC argues that features on Pandora's ad-supported service qualify it as an "interactive service" requiring mechanical royalty payments. Source source https://www.musicbusinessworldwide.com/the-mlc-and-pandora-file-competing-summary-judgment-motions-in-mechanical-royalties-dispute/

Create Music Group strikes $300M investment in Nettwerk Music Group, as Canadian firm executes management buyout

The investment will allow the Nettwerk management team to increase its ownership stake while enabling the company to retain its "identity and independence". Source source https://www.musicbusinessworldwide.com/create-music-group-strikes-300m-investment-in-nettwerk-music-group-as-canadian-firm-executes-management-buyout/

From Warner and Sony’s Q4 results to DistroKid’s potential $2B sale… it’s MBW’s weekly round-up

The biggest headlines from the past few days... Source source https://www.musicbusinessworldwide.com/from-warner-and-sonys-q4-results-to-distrokids-potential-2b-sale-its-mbws-weekly-round-up/

Taylor Swift to premiere ‘Opalite’ music video on Spotify and Apple Music – with YouTube release delayed by two days

Taylor Swift will release the music video for “Opalite” exclusively on Spotify Premium and Apple Music on Friday (February 6) at 8am ET. The video will not be available on YouTube until Super Bowl Sunday (February 8), meaning the pop superstar is windowing a major music video premiere on paid streaming platforms before its YouTube … Continued Source source https://www.musicbusinessworldwide.com/taylor-swift-to-premiere-opalite-music-video-on-spotify-and-apple-music-with-youtube-release-delayed-by-two-days/

Avex Music Group strikes global distro deal with The Orchard, excluding Japan, China and Korea

AMG is the global music division of Japanese entertainment giant Avex Source source https://www.musicbusinessworldwide.com/avex-music-group-strikes-global-distro-deal-with-the-orchard-excluding-japan-china-and-korea/

ElevenLabs, creator of Suno rival Eleven Music, raises $500m at $11bn valuation

The latest round was led by Sequoia Capital, with partner Andrew Reed joining the ElevenLabs board. Source source https://www.musicbusinessworldwide.com/elevenlabs-creator-of-suno-rival-eleven-music-raises-500m-at-11bn-valuation/

YouTube’s subscription business is now generating roughly $20bn a year – with music a key growth driver

YouTube's combined advertising and subscription revenues exceeded $60 billion for 2025 Source source https://www.musicbusinessworldwide.com/youtubes-subscription-business-is-now-generating-around-20bn-a-year-with-music-a-key-growth-driver/

B2B music streamer Soundtrack acquires Ambie and Tunify, expanding presence in UK and Benelux

Both companies will adopt the Soundtrack brand while retaining their local teams. Source source https://www.musicbusinessworldwide.com/b2b-music-streamer-soundtrack-acquires-ambie-and-tunify-expanding-presence-in-uk-and-benelux/

BTS strike Netflix deal to livestream comeback concert, followed by documentary about making of new album

The streaming giant will broadcast BTS THE COMEBACK LIVE | ARIRANG on March 21 at 8 pm Korea Standard Time. Source source https://www.musicbusinessworldwide.com/bts-strike-netflix-deal-to-livestream-comeback-concert-followed-by-documentary-about-making-of-new-album/

K-pop giant JYP’s China unit and CJ ENM strike joint venture with Tencent Music

ONECEAD aims to build artist businesses that "resonate both regionally and globally". Source source https://www.musicbusinessworldwide.com/k-pop-giant-jyp-and-south-koreas-cj-enm-strike-joint-venture-with-chinas-tencent-music/

UMG bought a stake in superfan app Stationhead – here are 3 reasons why it matters more than you think

Superfan monetization continues to be a strategic priority for Universal Music Group. In his annual memo to staff issued last month, UMG Chairman and CEO Sir Lucian Grainge confirmed as much. “In 2026 we will accelerate these efforts both by working with our established DSP partners on the launch of enhanced premium tiers for superfans, … Continued Source source https://www.musicbusinessworldwide.com/umg-bought-a-stake-in-superfan-app-stationhead-here-are-3-reasons-why-it-matters-more-than-you-think/

Fred Armisen to host CNN music docuseries pulling from UMG’s underground vault

The vault lies within the Iron Mountain facility in Boyers, Pennsylvania, where UMG stores a portion of its catalog 220 feet underground. Source source https://www.musicbusinessworldwide.com/fred-armisen-to-host-cnn-music-docuseries-pulling-from-umgs-underground-vault/

Andy Serrao named Chief Creative Officer at Concord Label Group

He will oversee A&R and strategic marketing across the company’s owned label imprints, including Fearless Records, Concord Records, and Rounder Records. Source source https://www.musicbusinessworldwide.com/andy-serrao-named-chief-creative-officer-at-concord-label-group/