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. Raw Power Management promotes Matt Ash and Don Jenkins to Joint CEOs as founder Craig Jennings moves to Executive Chairman

   "Raw Power has always been about building enduring careers for artists," said Jennings.

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2. Sony in advanced talks to buy Blackstone’s Recognition Music for up to $4B, reports Bloomberg

   The acquisition would be made through Sony's music rights-buying JV with Singapore sovereign wealth fund GIC, the news outlet reported

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3. Believe partners with Google to offer AI music creation tool Flow Music to its artists

   Google says that Flow Music can help artists with lyrics, experimenting with melodies or genres, and creating new instruments.

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4. AEG Presents expands into South Korea, appoints Jonathan Lee to lead new Seoul office

   New Seoul office signals deeper push into one of the world’s fastest-growing live music markets, as the company scales its Asia strategy and global touring network.

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5. ‘Many still view Thailand as a domestic-only market. In truth, there are many talented Thai songwriters with strong potential for global success.’

   MBW's World Leaders series speaks to Tatchara Longprasert, General Manager of Sony Music Publishing Thailand

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6. ElevenLabs, creator of Suno rival ElevenMusic, tops $500M in annual revenue as BlackRock, Jamie Foxx and more join as investors

   Company welcomes new investors to its $500M+ Series D funding round, which was first announced in February 2026 at an $11 billion valuation

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7. BTS-nomics, overseas investment strategy, and the future of K-pop: 5 things we learned on HYBE’s Q1 earnings call

   HYBE's Q1 2026 earnings call was dominated by the return of BTS. Here's what stood out…

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8. UMG tells appeals court Salt-N-Pepa termination bid lacks legal foundation

   UMG argued that the termination provision "also places important limitations on when and how the right may be exercised.”

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9. SM Entertainment’s revenue surges 21% YoY in Q1 to $192M on strong concert, merch sales

   SM’s revenue from concerts surged 56% YoY to KRW 60.8 billion ($42m), driven by tours from SUPER JUNIOR, NCT DREAM, aespa, RIIE and NCT WISH.

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10. Want to talk about ‘superfans’? Ask Live Nation.

    "It's not even about just being 'premium'. It's just consumers will pay for a shorter line, better parking, better hospitality."

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