Analysis News Tencent Music’s ‘Super VIP’ tier costs 5 times as much as a regular subscription. Spotify could learn a lot from it.If Spotify is wondering what features to include in its new "Super-Premium" tier, it may want to look at China's Tencent Music Entertainment
News UnitedMasters launches new $20-a-year subscription tier that allows artists to keep 100% of royaltiesOnce again, the indie artist services and distribution platform is bringing down the cost of doing business for artists
News Spotify has added 10 million paying subscribers this year. So has Tencent Music.TME has half the paying subscriber base of Spotify, but has kept pace with Spotify's growth
Analysis News From HYBE’s new label services business to Sony and Warner’s calendar Q2 earnings… it’s MBW’s Weekly Round-UpThe biggest stories from the past week – all in one place…
News Emily Dashiell, Jeff Gunkel, Carlos Monnaco promoted to SVP roles at Capitol Christian Music GroupThe three veterans of Capitol CMG see a bright future for Christian and Gospel music
News SM Entertainment reports $185m in Q2 sales, driven by near-doubling of concert revenueHowever, the company's bottom line was dragged down by weak performances at subsidiary businesses
News Kakao founder Kim Beom-su indicted on stock price manipulation chargesNumerous Kakao executives have now been indicted in relation to the telecom company's takeover of SM Entertainment last year
News As Suno and Udio admit training AI with unlicensed music, record industry says: ‘There’s nothing fair about stealing an artist’s life’s work.’Suno and Udio suggest that the record companies may have themselves violated music publishing copyrights
Analysis News From HYBE’s restructure to Warner Music’s leadership shakeup… it’s MBW’s Weekly Round-UpThe biggest stories from the past week – all in one place…
News Music AI platforms can get a ‘Fairly Trained’ certification for meeting ethical standards. Those standards just got tougher.Fairly Trained-certified businesses will now have to disclose which of their models have been certified, and which haven't
News Spotify’s audiobook bundling move will swipe 1% of Reservoir’s FY 2025 annual revenue, estimates companyThe acquisitive music rights company has set its sights on a potential windfall from a new Spotify "Super-Premium" tier
Analysis News It’s ‘business as usual’ at Live Nation despite DoJ antitrust lawsuit, and 3 other things we learned on the company’s Q2 earnings callLive Nation addressed the antitrust suit, the slowdown in stadium activity, and the impact of the Paris Olympics on its live events
News Artists and major music companies applaud introduction of ‘landmark’ NO FAKES Act in US SenateWith bipartisan support and a similar bill working its way through the House of Representatives, the NO FAKES Act aims to crack down on AI deepfakes
News Reservoir posts 8% jump in revenue, to $34.3m, in latest quarterCalendar Q2 2024 was the 12th consecutive quarter of year-on-year revenue growth for Reservoir since the company went public
News Bill Ackman massively scales back expectations for the IPO of his Pershing Square USA, from $25bn to $2bnAckman confirms that IPO will be priced at less than a tenth of original $25 billion target