News Jessica Koravos appointed CEO of Pophouse Entertainment Per Sundin to transition to a new role within the company
News MBW’s Music Business UK Awards to return to London this November, supported by YouTube As with previous years, the MBUK Awards will recognize the brightest and best of the UK and international music business.
News UK competition watchdog threatens Ticketmaster with legal action over Oasis ticket sales The UK's Competition and Markets Authority indicated that it would continue to engage with Ticketmaster “in an effort to secure a voluntary resolution.”
News Warner Music Finland acquires catalog of independent record company Skorpioni The company announced earlier this year that it would be ceasing operations
News Virgin Music Group bosses slam ‘juvenile and offensive falsehoods’ spread by opponents of Downtown acquisition JT Myers and Nat Pastor address a number of claims made about Virgin and UMG in recent months by lobbyists
News Warner confirms details of $1.2bn JV with Bain; venture will raise up to $700m in debt Finer details of the arrangement between WMG and Bain emerge, courtesy of a new SEC filing
News Kayla Schmandt appointed Vice President, Digital Strategy, AMEA at UMG Schmandt will draw on her expertise from her previous role as VP Commercial Affairs.
News Universal Music applauds Cloudflare move to block ‘AI crawlers’ from accessing content without permission or compensation Cloudflare's move could create a new licensing marketplace for content owners and AI companies
News Netflix in talks with Spotify on projects like music awards, live concert series (report) The Wall Street Journal reports that the platforms are discussing potential partnerships
News European Composer & Songwriter Alliance urges EU to block UMG’s acquisition of Downtown The ECSA is an umbrella group of around 55 composer and songwriter associations in more than 25 European countries
News US Senate rejects 10-year ban on state AI regulation in win for creative sector The ban would have prevented states from regulating artificial intelligence for a decade.
News Apple Music to establish new studio space in Los Angeles The move comes over three years after Spotify launched its own creative hub in Los Angeles.
News Sony Music Group acquires record label Lusafrica and publisher Africa Nostra Founded in 1988 by José Da Silva, Paris-headquartered Lusafrica specializes in Portuguese-language African music and other world music genres
News BandLab now allows artists and rightsholders to signal interest in AI licensing The expanded BandLab Licensing platform lets artists, labels, and publishers mark tracks as 'Open to AI licensing'
News Warner Music Group to reduce annual cost by another $300M, with $170M saved via ‘headcount rightsizing’ Combined with previously announced restructuring, Warner should achieve more than half a billion dollars in annual cost-savings