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Investment firm Sixth Street makes $130m equity investment in atVenu, a live event commerce and music merch sales platform
Investment firm Sixth Street, via its Sixth Street Growth platform, has made a USD $130 million equity investment in atVenu, ...
Spotify3h
In key markets outside the US, TikTok’s revenues soared 75% to $4.6bn last year, but losses widened amid $1bn in legal costs
TikTok’s massive increase in European, LatAm and African revenue was more than offset by a sharp spike in expenses.
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Universal sues Chili’s restaurant chain owner over alleged copyright infringement in social media ads
In the latest in a growing number of lawsuits over unauthorized use of music in social marketing, Universal Music Group (UMG) ...
Spotify7h
Sony Music settles lawsuit against Marriott Hotels over alleged ‘rampant’ infringement in social media posts
Five months after launching a copyright infringement suit against hotel giant Marriott, Sony Music Entertainment appears to ...
Spotify8h
Tencent Music is ‘strategically deploying advanced AI tools’ to crack down on infringement amid the rise of AI-generated content
We’ve written a lot about China-headquartered music streaming company Tencent Music Entertainment’s AI-related endeavors.
Spotify8h
Beatdapp joins forces with Tuned Global to tackle streaming fraud in music apps
Beatdapp Co-CEOs Morgan Hayduk and Andrew Batey, Tuned Global Managing Director Con Raso. Streaming fraud continues to be a ...
Spotify1d
David Cassidy rights acquired by Iconoclast in eight-figure deal
Cassidy’s portrayal in the 1970s of Keith Partridge in The Partridge Family ‘turned him into a teen idol of unprecedented ...
Spotify1d
Spotify slams ‘outdated bureaucracy’ in Sweden as it moves ‘parts’ of 250 jobs from its home market after court ruling over night shifts
Sweden’s Administrative Court of Appeal reject’s Spotify’s request to let its engineers in the market to work between ...
Spotify1d
Jason Iley on Sony Music, breaking artists, and life lessons
Having recently marked his 10th year as boss of Sony Music UK, Jason Iley will be honoured with the Music Industry Trusts ...
Spotify2d
The Kid LAROI is the latest superstar artist to join HYBE’s Weverse fan platform
The Weverse fan platform, HYBE’s big bet on monetizing superfans, has added another superstar act to its roster. Continue to ...
Spotify1d
Limp Bizkit’s Fred Durst sues Universal for $200m over alleged unpaid royalties (report)
Durst’s complaint alleges he was never paid royalties, despite the major commercial success of Limp Bizkit’s early albums.
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Ex-Spotify UK & Ireland boss Tom Connaughton joins independent UK distributor Canvas Music as Partner and Senior Advisor
Connaughton joins with immediate effect as Partner and Senior Advisor alongside Canvas Music’s Founder and Chief Executive, ...