Every Saturday CMU sends a summary of five key music business stories from the past week plus a round-up of other news.
This week: Who will blink first in the UMG x TikTok standoff; Women & Equalities Committee report says music industry is "boys club" and misogyny is "endemic"; the UK's Transparency Code was finally published; the House Of Lords published a surprisingly insightful report on AI; deepfake images of Taylor Swift surfaced on X resulting in calls for new legislation
ICYMI: 3tone, Hipgnosis, Spotify vs Apple, Coldplay, StubHub, Utopia, Taylor Swift world record
👉 Book all 8 masterclasses today for just £299 including VAT
Book now to get access to Music Streaming In 2024 which takes place live on Tuesday 5 February 2.30pm UK / 3.30pm CET / 9.30am Eastern Time
Music Streaming In 2024 gives an overview of the key streaming services, how and why the streaming model is changing, and which digital services are generating the most revenue and growth in music markets around the world.
Delivered live on Zoom and available on-demand afterwards, sessions include guides to the current music business landscape including streaming, copyright and AI, as well as taking an in-depth look at the economics of streaming, including money + allocation, data + transparency, and rights + innovation.
👉 Click through to see the full schedule and book your place
📱 TikTok began removing Universal Music released tracks from its audio library after licensing talks collapsed
In an open letter to artists, Universal said TikTok wanted to “intimidate” it into a bad deal, offering “a fraction of the rate that similarly situated major social platforms pay”, while also failing to address AI and online safety concerns. TikTok said it was "sad and disappointed" that Universal had "put their own greed above the interests of their artists and songwriters".