News Universal’s Virgin Music Group acquires Saban Music LatinVirgin Music Group will acquire Saban Music Latin’s catalog and will also release future albums by selected Saban Music Latin’s artists
News India’s music publishing business held back by lack of copyright compliance, legal uncertainty (report)Music publishing revenues grew 2.5-fold in India in the past three years, but future growth will depend on addressing the country's copyright issues, EY says.
News Universal Music Group acquires Oriental Star Agencies’ catalog, expanding presence in South Asian musicUMG is among the most active global music companies when it comes to expansion into the South Asian music scene.
News Zayn Malik copyright lawsuit faces potential dismissal as Sony Music moves to strike portions (Report)The dismissal motion argues the lawsuit lacks specific examples of similarities between Zayn's 'Better' and the allegedly infringed track.
News TikTok aims for tenfold growth in US e-commerce business to $17.5B, challenging Amazon and Chinese rivals (Report)TikTok sister company Douyin pioneered the combination of short-form video with e-commerce sales in the Chinese market.
News Christina Aguilera inks global representation deal with UTAAguilera, the recipient of seven Grammys, recently launched a residency in Las Vegas' Venetian Resort.
Analysis News Andreessen Horowitz’s thoughts on AI shows what the music industry will be up against in 2024The company's views place it squarely on the opposite side of the issue from much of the music industry
News The UK recorded music market saw 179.6 billion audio streams last year – up 12.8% YoYThe BPI has previously confirmed that there were 159.3 billion audio streams in the UK in 2022
News New York AG sues SiriusXM over alleged ‘trapping’ of consumers in ‘unwanted subscriptions’New York state's top law enforcer alleges SiriusXM is breaking the law by making it difficult to cancel subscriptions.
News Universal Music Group renews multi-year licensing deal with Tencent Music platformsUnder the contract, TME will continue to have access to UMG’s music catalog for QQ Music, Kugou Music, Kuwo Music, and WeSing
News Iron Horse SPAC raises $69M in Nasdaq IPO, eyes diverse media and entertainment dealsThe successful IPO comes after the blank-check company withdrew plans for a $100-million IPO in October.
News BLACKPINK members end solo contracts with K-Pop agency YG EntertainmentYG Entertainment's share price dropped 6.6% on the Seoul exchange following the news.
News Anghami’s subscriber base grows 17% in Q3 2023, to 1.73MThe Middle East and North Africa-focused music streaming service has seen ad revenue soar by 28%.
News Universal Music UK’s Selina Webb and songwriter Carla Marie Williams awarded MBEs in New Year Honours list; Don Black, Paul Burger and more also recognizedWebb awarded MBE for services to the music industry, neurodiversity, and charity
News Thomas Coesfeld’s plan to refocus BMG on music rights continues, as Bertelsmann-owned firm divests live concert companiesUndercover and Karo transferred back to their minority shareholders