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. As ABS deals reshape the music rights landscape, KBRA says it’s rated $12.9B in music royalty-backed bonds since 2020 – but expects issuance to fall 25% in 2026

   The music ABS market has more than tripled in size in just three years, says new KBRA report

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2. George Clinton sues UMG, alleging over $1.1M in royalties have been withheld for more than three years

   Complaint accuses UMG of breach of contract

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3. Sphere Entertainment secures $1.7B investment from Abu Dhabi for first international venue

   The venue will built on a plot of land between Yas Mall and SeaWorld Abu Dhabi.

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4. HYBE India partners with Snapchat to power AR auditions for its girl group search

   Under the partnership, candidates can film and upload audition content through a dedicated 'Audition' Lens on Snapchat.

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5. Tencent Music completes $2.4B acquisition of audio platform Ximalaya

   Ximalaya is one of China's largest podcasting and audiobooks platforms

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6. Primary Wave acquires interests in album art collection from Aubrey ‘Po’ Powell, co-founder of British design studio Hipgnosis

   Design studio founded by Powell and the late Storm Thorgerson in the 1960's

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7. Vietnam’s DAO Music Entertainment strikes strategic partnership with The Orchard

   Deal gives DAO Music Entertainment access to The Orchard's global distribution network

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8. Spotify scraps new ‘Premium Lite’ tier in India, Indonesia, Saudi Arabia, UAE, and South Africa – while slashing standard Premium prices

   The Premium Standard plan has been reduced in multiple markets

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9. Spotify raises Premium prices in Canada by up to CAD $3 per month

   The Student plan remains unchanged at CAD $6.39 per month, while other tiers saw changes of CAD $1.30 to CAD $3.00 per month.

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10. Warner Music forms cross-border artist development platform GLIIDE with Thailand’s GMM Music

    The platform's first signing is SVRN, a performance-driven artist whose music video for his debut single "WHY" was released on Thursday.

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