Music Business Worldwide

The latest music news from Music Business Worldwide, News, jobs and analysis for the global music industry and on artists new releases and where to get new mp3 songs.

1. From the ‘Say No to Suno’ campaign to GoldState securing ‘significant’ investment from Bridgepoint… it’s MBW’s weekly round-up

   The biggest headlines from the past few days...

   Source

2. Primary Wave in talks to potentially acquire Kobalt Music Group

   Francisco Partners mulls earlier-than-expected sale

   Source

3. US appeals court overturns BMI rate hike on concert promoters, ruling rates were ‘unreasonable’

   The organization's rate court victory has been vacated and sent back to the lower court.

   Source

4. Julie Lamb promoted to Chief Talent Officer at AEG’s AXS; Jason Boxer upped to Chief Financial Officer

   Lamb was previously SVP of Human Resources, while Boxer served as SVP of Accounting and Finance.

   Source

5. Charles Goldstuck’s GoldState secures ‘significant’ Bridgepoint investment for growth equity fund targeting music companies

   A source close to the details told MBW: 'Charles is looking to deploy up to a billion dollars in growth equity capital over the next few years.'

   Source

6. The Circuit Group launches indie artist and label services arm, Beat Switch

   Beat Switch Music Services has been operating quietly for the past 24 months, and now supports more than 20 independent labels.

   Source

7. Suno: We’ve hit 2M paid subscribers and $300M annual revenue

   CEO and co-founder Mikey Shulman shared the figures this week, two years after the platform's launch

   Source

8. ‘End Streaming Fraud.’

   The following MBW op/ed comes from Victoria Oakley, Chief Executive Officer of the IFPI, and Mitch Glazier, CEO of the RIAA

   Source

9. Sony Group’s blueprint for AI music detection tech is promising. Here’s what it’s working on…

   MBW reacts to three research papers detailed by Sony AI.

   Source

10. DOJ fires back at Live Nation’s ‘desperate’ bid to delay antitrust trial, says motion is legally barred

    The DOJ filed the opposition brief on Tuesday (February 24)

    Source