Chris Cooke - CMU | the music business explained (Page 36)

South Korean regulator refers HYBE founder to prosecutors over IPO fraud allegations

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Hybe • 2 min read

South Korean regulator refers HYBE founder to prosecutors over IPO fraud allegations

The financial regulator in South Korea has referred its investigation into fraud allegations against HYBE founder Bang Si-hyuk to prosecutors. Meanwhile police have ended an investigation into complaints made by HYBE against Ador founder Min Hee-jin concluding there is no case for criminal charges…

Chris Cooke • 17 Jul 2025

No copyright exception for AI training in European law, says new report

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Artificial Intelligence • 3 min read

No copyright exception for AI training in European law, says new report

A recent report commissioned by the European Parliament’s legal affairs committee concludes that the much discussed text and data mining copyright exception added to EU law in 2019 wasn't intended for AI training. MEP Axel Voss says that specific EU copyright rules for AI are now needed…

Chris Cooke • 16 Jul 2025

EU is watering down AI protections say musicians

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Artificial Intelligence • 2 min read

EU is watering down AI protections say musicians

The music industry remains concerned that transparency obligations in the EU AI Act - forcing AI firms to declare what content they used in their training data - are being watered down in implementation. 30+ European artists have now posted videos calling on lawmakers to ensure that doesn’t happen…

Chris Cooke • 15 Jul 2025

BBC Glasto team had authority to cut Bob Vylan stream says chief - but he keeps schtum about what was discussed

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BBC • 3 min read

BBC Glasto team had authority to cut Bob Vylan stream says chief - but he keeps schtum about what was discussed

BBC boss Tim Davie has responded to questions from MPs over the broadcast of Bob Vylan’s controversial performance at Glastonbury last month. He says an internal investigation is ongoing, but confirms BBC staff on the ground did have the authority to cut the stream of the performance…

Chris Cooke • 15 Jul 2025

Slovakian festival Rubicon cancelled after Kanye backlash as rapper heads to Prague instead

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Kanye West • 1 min read

Slovakian festival Rubicon cancelled after Kanye backlash as rapper heads to Prague instead

Slovakian festival Rubicon was heavily criticised when it booked Kanye West to headline. It initially defended the booking but last week announced the whole event had been canceled because of “external pressure and logistical challenges”. West is reportedly planning his own show in Czechia instead…

Chris Cooke • 14 Jul 2025

Musixmatch pitched acquisition, snaffled confidential info to scupper Spotify deal, claims LyricFind in lawsuit latest

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LyricFind • 3 min read

Musixmatch pitched acquisition, snaffled confidential info to scupper Spotify deal, claims LyricFind in lawsuit latest

Last month Musixmatch tried to get a lawsuit filed against it by LyricFind dismissed. LyricFind now says the arguments for dismissal lack substance. A new filing also reveals previously redacted allegations that Musixmatch tried to buy LyricFind, and then leaked confidential information to Spotify…

Chris Cooke • 14 Jul 2025

French mayor pulls Rock En Seine funding after festival confirms Kneecap are still playing

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Kneecap • 2 min read

French mayor pulls Rock En Seine funding after festival confirms Kneecap are still playing

France’s Rock En Seine festival booked Kneecap to play last autumn before controversies surrounding the group and their on-stage support for Palestine went mainstream. The festival says it is standing by the booking, even though that means losing €40,000 in funding from its local council…

Chris Cooke • 14 Jul 2025

“Content is king” say analysts - so why is Spotify worth more than the entire music rights industry?

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Spotify • 3 min read

“Content is king” say analysts - so why is Spotify worth more than the entire music rights industry?

Lucian Grainge might be rubbing his hands with glee after a new report by investment bankers TD Cowen said Spotify is overvalued and Universal is undervalued. Plus the financial wizards reckon the majors might have the upper hand in future streaming negotiations now Spotify has hit profitability…

Chris Cooke • 11 Jul 2025

We are TikTok users so we can use music on TikTok, barks DSW Shoe Warehouse

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DSW Shoe Warehouse • 4 min read

We are TikTok users so we can use music on TikTok, barks DSW Shoe Warehouse

In May, Warner sued DSW Shoe Warehouse over unlicensed music in the retailer’s social media posts. Now the shoe seller wants the courts to confirm it hasn’t infringed any one’s copyrights because it’s a TikTok user and therefore should be covered by TikTok’s music licences, even though it isn’t…

Chris Cooke • 11 Jul 2025

Scottish First Minister hits back at Kneecap diss, says “let’s focus on Gaza”

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Kneecap • 3 min read

Scottish First Minister hits back at Kneecap diss, says “let’s focus on Gaza”

Kneecap and Bob Vylan have both discussed the controversies around their respective shows during gigs this week. Kneecap, playing Glasgow, included a dig at Scotland’s First Minister over his past criticism, though in response the politician echoed the rap group by saying the focus should be on Gaza…

Chris Cooke • 10 Jul 2025

Oak View boss stands down after being indicted for allegedly “rigging” the bidding to run Austin’s Moody Center

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Oak View Group • 3 min read

Oak View boss stands down after being indicted for allegedly “rigging” the bidding to run Austin’s Moody Center

Live industry veteran Tim Leiweke has stood down as CEO of the venues company he co-founded, Oak View Group, after being indicted over allegations of anti-competitive conduct when his company was bidding to run the Moody Center arena at the University Of Texas. Leiweke denies any wrongdoing…

Chris Cooke • 10 Jul 2025

“Split Live Nation into four companies”, independent venues tell the US government

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Live Nation • 3 min read

“Split Live Nation into four companies”, independent venues tell the US government

The deadline passed this week for submissions to the US government’s review of the ticketing business. Live Nation has asked for a 20% price cap on secondary ticketing, while NIVA wants even tighter regulation of resale - and for Live Nation to be split up into four separate companies…

Chris Cooke • 09 Jul 2025