Browsing: Business

K-pop agency SM Entertainment has acquired an additional 11.42% stake in fan platform operator DearU Co. for 135.6 billion won ($92 million) as the company joins…

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…

Encore Recordings, the indie full-service music company launched in 2022 by industry veteran Joie Manda, has made two new executive appointments.The company has named Jacob Fain…

With a deadline for TikTok to shut down in the US looming this Saturday (April 5), President Donald Trump says he expects a deal to rescue…

Udio, the AI music generation platform facing ongoing litigation from major record labels alongside its competitor Suno, has launched two new updates including an AI-powered style…

HYBE Interactive Media (HYBE IM), the gaming subdivision of South Korean music and entertainment giant HYBE, has announced it’s raised an additional KRW 30 billion (approx.…

For music industry geeks like Music Business Worldwide, Universal Music Group‘s annual report offers a wealth of buried treasure each year.The company’s 284-page annual report for…

US President Donald Trump on Monday (March 31) signed an executive order aimed at clamping down on ticket scalping and hidden fees in the live entertainment…

Last year, amid the explosion of the AI music market, we wrote about $4.8 billion-valued technology giant Kunlun Tech and its launch of a fully AI music…

Spotify is extending access to its partner monetization program for audio and video content creators to nine more markets starting April 29.Announced in November 2024, the…