Universal Music Group and TikTok, by way of a joint announcement, have confirmed that they have struck a new licensing deal – three months after UMG pulled its recordings catalog from the service. What does this new deal mean for UMG and its artists and songwriters?...
Spotify has reported double-digit subscriber growth – and long-sought profitability – for 2024’s opening quarter. The efficiency-minded audio entertainment company posted its Q1 2024 financials this morning, only weeks after reports pointed to another round of Spotify...
Warner Music CEO Robert Kycl has told investors that “the role of large music companies is growing exponentially relevant”, and that WMG’s “ability to aggregate large volumes of rights across recorded music and publishing provides individual artists and songwriters...
Universal Music Group — one of the world’s leading music companies — and Google are in negotiations to license melodies and vocal tracks of artists to be used in songs generated by artificial intelligence (AI), according to a report from the Financial Times. The talks...
MBW’s Stat Of The Week is a series in which we highlight a data point that deserves the attention of the global music industry. Stat Of the Week is supported by Cinq Music Group, a technology-driven record label, distribution, and rights management company. There has...
OpenAI has been hit with its first defamation lawsuit after ChatGPT fabricated legal accusations against a radio host. Mark Walters, a radio host in Georgia, is suing OpenAI in what appears to be the first defamation lawsuit against the company over false information...
