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. BMI promotes four executives across Creative and Corporate Communications teams

   BMI promoted John Ellwood to Vice President, Creative, and elevated Deirdre Chadwick, Jeff Gilligan and Jodie Thomas to Assistant Vice President positions.

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2. Bill Ackman’s Pershing Square is selling its remaining Universal Music Group stake, days after UMG rejected its $64B takeover bid

   The news comes days after Universal Music Group's board officially rejected a takeover proposal from Ackman and Pershing Square

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3. The AI Music Streaming Flood: Where We’re At

   The latest 'Tim's Take' from Music Business Worldwide founder, Tim Ingham

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4. US Register of Copyrights continues The MLC’s designation as the statutory Mechanical Licensing Collective – as total royalties distributed to songwriters and publishers near $4B

   The Register originally designated The MLC in July 2019

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5. Seeker Music acquires the publishing catalog of Cocteau Twins’ Simon Raymonde

   The deal covers Raymonde's body of work as a member of the Scottish band, including his co-writes on the 1990 album Heaven or Las Vegas.

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6. Grammy-winner Youssou N’Dour named Vice President of CISAC as global rights org marks 100 years

   N'Dour succeeds outgoing Vice Presidents Yvonne Chaka Chaka, a South African singer and songwriter, and Arturo Márquez, a Mexican composer.

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7. After Suno, Udio asks court to seal the size of its AI training data in Sony Music’s copyright case, also citing ‘competitive harm’

   Udio argues that competitors could use the figure to build rival products faster and more cheaply.

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8. From Kobalt to Pipeline: meet the $5 billion financier rewiring indie music capital

   Matt Spetzler is a private equity veteran who fell in love with the music business. Now, through Jamen Capital and Pipeline, he’s changing how independent rightsholders raise capital – while helping them keep ownership of their companies...

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9. Garth Brooks seeking up to $2bn for his music catalog (report)

   The WSJ reports that the artist believes the value of his music rights could fall 'anywhere from the high $1 billion range to more than $2 billion.'

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10. The music industry doesn’t have a streaming problem. It has a customer ownership problem.

    The following MBW op/ed comes from Deviate Digital founder Sammy Andrews...

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