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Showing posts from May, 2026

Official: UMG rejects Bill Ackman’s $64B takeover bid

Universal Music Group has rejected Bill Ackman's takeover offer. Source source https://www.musicbusinessworldwide.com/umg-rejects-bill-ackmans-64b-takeover-bid/

Downtown Music Publishing strikes deal to represent Biz Markie catalog and name, image & likeness rights

Deal covers publishing administration and sync licensing, alongside representation of the late artist's NIL rights. Source source https://www.musicbusinessworldwide.com/downtown-music-publishing-strikes-deal-to-represent-biz-markie-catalog-and-name-image-likeness-rights/

Richa Goswami joins Pophouse Entertainment’s board of directors

Goswami previously held roles in Fidelity International, HSBC, and Johnson & Johnson Consumer Health. Source source https://www.musicbusinessworldwide.com/richa-goswami-joins-pophouse-entertainments-board-of-directors/

Warner Music and Crumbl reach settlement in $24M copyright infringement lawsuit over TikTok posts

The parties said they expect to resolve their dispute on or before June 15, 2026. Source source https://www.musicbusinessworldwide.com/warner-music-and-crumbl-reach-settlement-in-24m-copyright-infringement-lawsuit-over-tiktok-posts/

Frank Rogers elevated to CEO of Spirit Music

Frank Rogers previously served as Chief Creative Officer of Spirit Music, a role he has held since 2022. Source source https://www.musicbusinessworldwide.com/frank-rogers-elevated-to-ceo-of-spirit-music/

The Black Label, the studio behind the KPop Demon Hunters soundtrack, just raised $80M with investment from Tencent Music

Bloomberg reports that the deal values The Black Label at 1 trillion won (approximately $660M) Source source https://www.musicbusinessworldwide.com/the-black-label-the-studio-behind-the-kpop-demon-hunters-soundtrack-just-raised-80m-with-investment-from-tencent-music/

Ticketmaster expands into the Philippines through SM Prime partnership

SM Ticketmaster will partner with third-party venues, promoters and other ticketed experiences across concerts, sports and live events. Source source https://www.musicbusinessworldwide.com/ticketmaster-expands-into-the-philippines-through-sm-prime-partnership/

Drake ties Taylor Swift for most Billboard 200 No. 1 albums among solo acts and sets new ARIA chart record with triple drop

"Iceman" debuted at No. 1 on the Billboard 200 on May 30, giving the rapper his 15th chart-topper and matching Taylor Swift's tally among solo acts. Source source https://www.musicbusinessworldwide.com/drake-ties-taylor-swift-for-most-billboard-200-no-1-albums-among-solo-acts-and-sets-new-aria-chart-record-with-triple-drop/

Universal Music Group and TikTok strike new multi-year licensing deal — with expanded AI protections for artists and songwriters

Global deal will also see TikTok and UMG work together to remove unauthorized AI-generated music from the platform Source source https://www.musicbusinessworldwide.com/universal-music-group-and-tiktok-strike-new-multi-year-licensing-deal-with-expanded-ai-protections-for-artists-and-songwriters/

Paul McCartney to host global TikTok LIVE Q&A ahead of new album release

The event will kick off TikTok LIVE Premiere – the platform's new flagship LIVE series Source source https://www.musicbusinessworldwide.com/paul-mccartney-to-host-global-tiktok-live-qa-ahead-of-new-album-release-the-boys-of-dungeon-lane/

The latest Music Business Worldwide Magazine is out now. Read it here.

As ever, the latest issue is packed with insight about the past, present, and future of the music business... plus impressive people. Source source https://www.musicbusinessworldwide.com/the-latest-music-business-worldwide-magazine-is-out-now-read-it-here/

UMPG and 45RPM sign Academy Award-winning composer Daniel Blumberg

Blumberg won the Oscar for Best Original Score at the 97th Academy Awards in March 2025 for his work on Brady Corbet's The Brutalist. Source source https://www.musicbusinessworldwide.com/umpg-and-45rpm-sign-academy-award-winning-composer-daniel-blumberg/

FUGA renews global distribution partnership with Insomniac Music Group

Downtown Music-owned FUGA first struck its partnership with Insomniac Music Group in November 2022. Source source https://www.musicbusinessworldwide.com/fuga-renews-global-distribution-partnership-with-insomniac-music-group/

BMI to acquire Soundmouse from Orfium to build ‘largest and most comprehensive’ global cue sheet database

The deal is expected to close mid-2026. Source source https://www.musicbusinessworldwide.com/bmi-to-acquire-soundmouse-from-orfium-to-build-largest-and-most-comprehensive-global-cue-sheet-database/

Warner Music Korea strikes strategic global partnership with indie label and management firm FeelGHood Music to represent Korean star BIBI

BIBI has surpassed one billion streams in the past 12 months and has over 4 million monthly listeners on Spotify. Source source https://www.musicbusinessworldwide.com/warner-music-korea-strikes-strategic-global-partnership-with-management-firm-feelghood-music-to-represent-korean-star-bibi/

Spotify raises Premium prices in Canada by up to CAD $3 per month

The Student plan remains unchanged at CAD $6.39 per month, while other tiers saw changes of CAD $1.30 to CAD $3.00 per month. Source source https://www.musicbusinessworldwide.com/spotify-raises-premium-prices-in-canada-by-up-to-cad-3-per-month/

Warner Music forms cross-border artist development platform GLIIDE with Thailand’s GMM Music

The platform's first signing is SVRN, a performance-driven artist whose music video for his debut single "WHY" was released on Thursday. Source source https://www.musicbusinessworldwide.com/warner-music-forms-cross-border-artist-development-platform-gliide-with-thailands-gmm-music/

From Sony Music Publishing’s $4 billion catalog deal to Live Nation’s ‘blue dot fever’ rebuttal… it’s MBW’s weekly round-up

The biggest headlines from the past few days... Source source https://www.musicbusinessworldwide.com/from-sony-music-publishings-4-billion-catalog-deal-to-live-nations-blue-dot-fever-rebuttal-its-mbws-weekly-round-up/

‘The next global genre will likely start in someone’s bedroom – and that bedroom might be in Lagos, Mumbai or São Paulo.’

MBW's Trailblazers series meets Constantin Koehncke, CEO of Image-Line, the Belgian company behind FL Studio Source source https://www.musicbusinessworldwide.com/the-next-global-genre-will-likely-start-in-someones-bedroom-and-that-bedroom-might-be-in-lagos-mumbai-or-sao-paulo/

Russ honored with NMPA Gold & Platinum Recognition celebrating 26 certified songs

The plaque was presented by NMPA President & CEO David Israelite alongside Omar Grant, Senior Director of Creative at Sony Music Publishing Source source https://www.musicbusinessworldwide.com/russ-honored-with-nmpa-gold-platinum-recognition-celebrating-26-certified-songs/

T.J. Martell Foundation to honor Red Light Management founder Coran Capshaw with Lifetime Music Industry Award

Capshaw has built Red Light into what the company says is the world's largest independent artist management firm, with a roster that includes Dave Matthews Band, Phish, Chris Stapleton, and The Strokes. Source source https://www.musicbusinessworldwide.com/t-j-martell-foundation-to-honor-red-light-management-founder-coran-capshaw-with-lifetime-music-industry-award/

Coca-Cola denies Johnny Cash ‘sound-alike’ claim, disputes infringement in estate lawsuit

The company acknowledged that the ad contained “a male singing voice," but denied that it was a "sound-alike singer." Source source https://www.musicbusinessworldwide.com/coca-cola-denies-johnny-cash-sound-alike-claim-disputes-infringement-in-estate-lawsuit/

Music Business Worldwide Taps Bill Werde for New Column Series

Werde will bring his distinct perspective to Music Business Worldwide’s editorial lineup with regular U.S.-based commentary Source source https://www.musicbusinessworldwide.com/music-business-worldwide-taps-bill-werde-for-new-column-series/

After KATSEYE, HYBE and Geffen unveil second global girl group, SAINT SATINE

Three former The Debut: Dream Academy contestants – EMILY, LEXIE, and SAMARA – had previously been confirmed as members of the group. Source source https://www.musicbusinessworldwide.com/after-katseye-hybe-and-geffen-unveil-second-global-girl-group-saint-satine/

HYBE overhauls brand identity as it pushes further into superfans and technology

HYBE says it looks to become “an entertainment lifestyle platform company built on both music and technology.” Source source https://www.musicbusinessworldwide.com/hybe-overhauls-brand-identity-as-it-pushes-further-into-superfans-and-technology/

Samsung blames content partner for Dua Lipa TV box image dispute, denies ‘intentional misuse’

Samsung said the image was used to reflect the content of its third-party partners available on Samsung TV, and was provided by a content partner. Source source https://www.musicbusinessworldwide.com/samsung-blames-content-partner-for-dua-lipa-tv-box-image-dispute-denies-intentional-misuse/

Warner Music launches Atlantic Records Finland, led by Fredi Lundén and Kristiina Wheeler

Lundén promoted to Director, Atlantic Records Finland; Wheeler joins as Senior A&R Source source https://www.musicbusinessworldwide.com/warner-music-launches-atlantic-records-finland-led-by-fredi-lunden-and-kristiina-wheeler/

Dan Hawie promoted to Managing Director of MNRK Music Group’s Last Gang Records

Hawie will report to Randy Derebegian, MNRK's VP of Artist Development, and Chris Moncada, COO of MNRK Music Group. Source source https://www.musicbusinessworldwide.com/dan-hawie-promoted-to-managing-director-of-mnrk-music-groups-last-gang-records/

Guy Moot is this year’s recipient of the UK’s MITS Award – the first music publisher to receive the honor

Guy Moot, Co-Chair and CEO of Warner Chappell Music (WCM), has been named the recipient of the 2026 Music Industry Trusts Award (MITS). Source source https://www.musicbusinessworldwide.com/guy-moot-is-this-years-recipient-of-the-uks-music-industry-trusts-award-the-first-music-publisher-to-receive-the-honor/

Red Hot Chili Peppers sells recorded music catalog to Warner Music Group for $300 million+

Band had been shopping catalog since early last year, according to reports Source source https://www.musicbusinessworldwide.com/red-hot-chili-peppers-sells-recorded-music-catalog-to-warner-music-group-for-300-million/

Native Instruments acquired by inMusic, owner of Akai and Moog, three months after entering insolvency

The deal comes roughly three months after Native Instruments entered preliminary insolvency proceedings in Germany. Source source https://www.musicbusinessworldwide.com/native-instruments-acquired-by-inmusic-owner-of-akai-and-moog-three-months-after-entering-insolvency/

From Tencent Music’s 250K song takedowns to Sony and WMG’s calendar Q1 results… it’s MBW’s weekly round-up

The biggest headlines from the past few days... Source source https://www.musicbusinessworldwide.com/from-tencent-musics-250k-song-takedowns-to-warner-and-sonys-calendar-q1-results-its-mbws-weekly-round-up/

Law firm Serling Rooks rebrands as McKoy Worob Averill Scott & Koenig LLP, elevates Jeffrey Koenig and adds Margo Scott as named partner

The change, which took effect in January 2026, follows the departure of named partners Reid Hunter and Joe Serling Source source https://www.musicbusinessworldwide.com/law-firm-serling-rooks-rebrands-as-mckoy-worob-averill-scott-koenig-llp-elevates-jeffrey-koenig-and-adds-margo-scott-as-named-partner/

Sony generated $3.03bn from recorded music and publishing in calendar Q1 2026, up 19.5% YoY

Recorded music streaming revenue (combining subscription and ad-funded streaming) was up 13.6% YoY. Source source https://www.musicbusinessworldwide.com/bad-bunny-sony-generated-up-19-5-yoy/

Jieun Kim promoted to President of Warner Music Korea

Exec to lead the company’s operations and strategic expansion within the world’s seventh-largest recorded music market Source source https://www.musicbusinessworldwide.com/jieun-kim-promoted-to-president-of-warner-music-korea/

Believe unveils AZTEC, its first US record label joint venture, with music exec Az Cohen

Az Cohen previously held roles at 300 Entertainment Source source https://www.musicbusinessworldwide.com/believe-unveils-aztec-its-first-us-record-label-joint-venture-with-music-exec-az-cohen/

Sacem paid out $1.7bn to composers and publishers in 2025 on 21% YoY revenue jump to $2bn

International collections rose 13% while revenue collected within France was largely flat. Source source https://www.musicbusinessworldwide.com/sacem-paid-out-1-7bn-to-composers-and-publishers-in-2025-on-21-yoy-revenue-jump-to-2bn/

Raw Power Management promotes Matt Ash and Don Jenkins to Joint CEOs as founder Craig Jennings moves to Executive Chairman

"Raw Power has always been about building enduring careers for artists," said Jennings. Source source https://www.musicbusinessworldwide.com/raw-power-management-promotes-matt-ash-and-don-jenkins-to-joint-ceos-as-founder-craig-jennings-moves-to-executive-chairman/

Want to talk about ‘superfans’? Ask Live Nation.

"It's not even about just being 'premium'. It's just consumers will pay for a shorter line, better parking, better hospitality." Source source https://www.musicbusinessworldwide.com/want-to-talk-about-superfans-ask-live-nation/

Sony Music expands JV with German rap label Two Sides, as founder Lucas Teuchner takes on broader advisory role for the major in the GSA region

The Berlin-based hip-hop label and management company is behind superstar rapper Apache 207 Source source https://www.musicbusinessworldwide.com/sony-music-expands-jv-with-german-rap-label-two-sides-as-founder-lucas-teuchner-takes-on-broader-advisory-role-for-the-major-in-the-gsa-region/

Live Nation says court ruling against ticket broker supports the company’s bid to dismiss FTC’s BOTS Act lawsuit

Live Nation argued that the Key Investment Group lawsuit is not comparable to its case as they were brought under different subparagraphs of the BOTS Act. Source source https://www.musicbusinessworldwide.com/live-nation-says-court-ruling-against-ticket-broker-supports-the-companys-bid-to-dismiss-ftcs-bots-act-lawsuit/

Suno is raising another $250 million+ at a $5 billion valuation (reports)

Suno will likely raise above $250 million, the same amount that it pulled in during its Series C just six months ago, sources told Billboard. Source source https://www.musicbusinessworldwide.com/suno-is-raising-another-250-million-at-a-5-billion-valuation-reports/

Spotify wins motion for arbitration in ‘payola’ lawsuit

A Spotify subscriber sued the company in November, claiming it deceives users by letting labels boost song visibility through reduced royalty payments. Source source https://www.musicbusinessworldwide.com/spotify-wins-motion-for-arbitration-in-payola-lawsuit/

YouTube creators hit by music copyright claims can now replace tracks with AI – at the touch of a button

The update, announced via YouTube's Creator Insider channel on Friday (May 1), adds a new "Create" button to the existing "Replace Song" tool in YouTube Studio on desktop. Source source https://www.musicbusinessworldwide.com/youtube-creators-hit-by-music-copyright-claims-can-now-replace-tracks-with-ai-at-the-touch-of-a-button/

Warner Music Group named to TIME’s list of 100 Most Influential Companies for its approach to AI

Robert Kyncl told the magazine: "AI is a fast-growing phenomenon. It's really important that companies like us stand up for artists and songwriters — do it early, and do it together with AI companies." Source source https://www.musicbusinessworldwide.com/warner-music-group-named-to-times-list-of-100-most-influential-companies-for-its-approach-to-ai/

Suno is now the ‘controller’ of Songkick user data – and is hiring a GM to wire it into its AI music platform

Emails sent to Songkick users on Thursday (April 30) confirmed that personal data held by the platform "will be transferred to Suno, who will become the controller responsible for that data going forward." Source source https://www.musicbusinessworldwide.com/suno-is-now-the-controller-of-songkick-user-data-and-is-hiring-a-gm-to-wire-it-into-its-ai-music-platform/

From The Orchard acquiring Brazil’s OniMusic to the BMG-Concord merger… it’s MBW’s weekly round-up

The biggest headlines from the past few days... Source source https://www.musicbusinessworldwide.com/from-the-orchards-onimusic-acquisition-in-brazil-to-the-bmg-concord-merger-its-mbws-weekly-round-up/

‘We’re finally in a place where we can win and retain the artists and labels we’ve always wanted to work with.’

MBW's Inspiring Women series meets Kristin Graziani, President of Los Angeles-based music distribution platform Stem Source source https://www.musicbusinessworldwide.com/were-finally-in-a-place-where-we-can-win-and-retain-the-artists-and-labels-weve-always-wanted-to-work-with/

Believe expands Label & Artist Solutions business into the US, led by Thomas Maxwell

Maxwell will split time between New York City, Nashville, and Los Angeles Source source https://www.musicbusinessworldwide.com/believe-expands-label-artist-solutions-business-into-the-us-led-by-thomas-maxwell/