Turntable Labs has launched a new social music platform that offers a virtual space where users…
Category: Entrepreneur
ChatGPT maker OpenAI sued by GEMA in Germany over unlicensed use of song lyrics
OpenAI, the US-based AI giant behind ChatGPT, has been sued by German collection society and licensing…
TikTok’s SoundOn is signing artists… and battling labels on the charts.
MBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to…
Spotify cruises past quarter-of-a-billion subscribers, as it eyes $1.5bn annual operating profit in 2024
Spotify is on course to achieve its first-ever full year as a profitable company – to…
Live Nation’s Q3 profits beat estimates following ‘most active summer concert season ever,’ but revenues fall 6% to $7.7bn as stadium attendance drops
Live Nation reported a year-over-year drop in third quarter revenue despite experiencing what it says was…
Virgin Music Group partners with Japan’s Bushiroad Music on global anime music distribution
Virgin Music Group has teamed up with Tokyo-based Bushiroad Music to distribute anime music globally. Under…
Over 8% of Tencent Music’s subscribers are ‘Super VIP’. That’s 10m users paying 5x the standard subscription price
MBW’s Stat Of The Week is a series in which we highlight a data point that…
These high-yielding assets could be called back as the Fed cuts rates
Investors who scored a little more interest from their callable certificates of deposit may soon find…
Musical.AI teams up with China’s Kanjian to deliver licensed music to AI developers
Musical.AI, which bills itself as the company that built the world’s first secure platform for rights…
Bitcoin to top $100,000 before year-end, according to bettors on Kalshi
Bitcoin is trading near record levels, and Kalshi users are betting that the cryptocurrency could rise…