Latin Music’s US revenues hit $1.42 billion in 2024, up 5.8% YoY

MBW’s Stat Of The Week is a series in which we highlight a data point that…

Ned Monahan promoted to President at Joie Manda’s Encore Recordings; Jacob Fain named Head of A&R

Encore Recordings, the indie full-service music company launched in 2022 by industry veteran Joie Manda, has…

Trump says a deal to save TikTok in the US will get done this week. Will Blackstone take a stake?

With a deadline for TikTok to shut down in the US looming this Saturday (April 5),…

Udio, the startup sued by record companies last year, unveils tool to clone ‘sonic identity’ of existing songs

Udio, the AI music generation platform facing ongoing litigation from major record labels alongside its competitor…

HYBE continues diversification drive as gaming division raises $21m in latest funding round

HYBE Interactive Media (HYBE IM), the gaming subdivision of South Korean music and entertainment giant HYBE,…

5 million songs and $288m spent on catalogs: 8 Things We Learned from Universal Music Group’s 2024 Annual Report

For music industry geeks like Music Business Worldwide, Universal Music Group‘s annual report offers a wealth…

With Kid Rock at his side, Trump signs executive order to curb ticket price gouging

US President Donald Trump on Monday (March 31) signed an executive order aimed at clamping down…

China’s $6B-valued Kunlun Tech debuts ‘world’s first’ music reasoning model, claims it can outperform Suno

Last year, amid the explosion of the AI music market, we wrote about $4.8 billion-valued technology giant…

Spotify expands video creator monetization program to nine new markets

Spotify is extending access to its partner monetization program for audio and video content creators to…

Chance the Rapper’s big money legal battle with ex-manager headed to trial

Over four years ago, Chance The Rapper (aka Chancelor Bennett) was sued by his former manager,…