CMU | the music business explained (Page 14)

Beware the “wolf under the cape” in Universal’s Downtown land grab, warns Beggars boss as IMPALA calls for regulators to block the deal

EU AI Act can only provide a “temporary fix” to the “darker aspect” of AI’s “profound disruption” to creative industries says open letter

AI generated music will suck €4 billion a year away from music creators by 2028 says CISAC

Village People founder loves Trump using YMCA, but hates people calling it a gay anthem

Executives from BMG, Absolute Label Services, Mahogany Music, Punch Records and more to join award winning female entrepreneurs in Liverpool as first Sound City+ 2025 speakers unveiled

AIF makes desperate call for government to “step up, and step up now” to get festivals through “devastating period”, as MVT launches new Liveline fund

New AI transparency proposal in US Congress will “pave the way” for creator compensation says ASCAP boss

SXSW ditches weapons sponsors to burnish brand - so why won’t it ditch its ties to Saudi Arabia?

SXSW London could disrupt delicately balanced music ecosystem and should reconsider its date

Lil Durk • 2 min read

Lil Durk charged over alleged murder-for-hire revenge plot

Lil Durk could face a life sentence after being charged over allegations he paid for the attempted murder of rival rapper Quando Rondo. It’s claimed associates of Durk and his collective OTF travelled to LA with the intent of murdering Rondo in retaliation for the killing of OTF rapper King Von…

Chris Cooke • 28 Oct 2024

Releases & Tours • 2 min read

⏩ Releases & Tours: Oct 2024 (Week 43)

Each week CMU rounds up standout releases and tour announcements from the last seven days. This week: COBRAH, The Black Keys, Madam X, Pixies, Romy, Sampha + more, while tour announcements include ELO, The Darkness, Ludovico Einaudi + more…

Kaya Robertson • 28 Oct 2024

• 14 min read

Mitchell Asset Management boss says the future of the music business is kids “buying P Diddy skins” in Fortnite. Is it time for Proper Group's investors to ask for their money back?

John Mitchell - boss of Melbourne’s Mitchell Asset Management and top banana at zombie-unicorn shitshow Proper Group AG - waxes lyrical about the future of the music business and shows off his attention to detail where it really matters. Bonza!…

Sam Taylor • 25 Oct 2024

Greatest Hits Radio • 2 min read

Bauer utilises changes to broadcasting laws to remove regional shows from Greatest Hits Radio

The UK Media Act passed earlier this year removed the remaining obligations on commercial radio stations operating under local radio licences to broadcast locally-made programmes. As a result, Bauer has announced it is axing the regional afternoon shows that air on Greatest Hits Radio…

Chris Cooke • 25 Oct 2024

Secondary Ticketing • 4 min read

Culture minister tells ticket touting platforms to “get ready for change”

MPs took part in a debate on secondary ticketing yesterday, with culture minister Chris Bryant insisting the new government will make good on its pledge to introduce a ticket touting price cap, and will do so in a way that ensures this new regulation - unlike past regulations - is properly enforced…

Chris Cooke • 25 Oct 2024

TikTok • 3 min read

IMPALA urges TikTok to re-open Merlin negotiations as we reach the direct deal deadline for indies

IMPALA has written an open letter to TikTok over its decision to abandon licensing talks with Merlin and force indie labels and distributors to sign direct deals by today. It urges TikTok to return to the negotiating table with the global indie label digital licensing organisation…

Chris Cooke • 25 Oct 2024

Horizon Future Leaders • 8 min read

🌅 Horizon Future Leaders - Kit Muir-Rogers Q&A

As part of our new Horizon Future Leaders series, we’re connecting with the music industry’s next generation of leaders to gather candid advice and insights into their career journeys. This week, we caught up with Kit Muir-Rogers, Co-founder of GigPig.…

Horizon Music Jobs • 25 Oct 2024

Agents x Managers Conference • 7 min read

Matt Hanner, founder of live agency Runway, on this year’s Agents x Managers Conference

With the second edition of the Agents x Managers conference coming up in December, Matt Hanner, founder of live agency Runway, sat down with CMU’s Sam Taylor to talk about what being a live agent means today, not checking email at weekends, and why he wants his team to make more money than he does…

Sam Taylor • 24 Oct 2024

Diddy • 2 min read

Diddy lawyers say gagging order should restrict any government investigator with access to the case files

Diddy’s legal team have written another letter to the court about the gagging order they want issued restricting what anyone involved in the criminal case against the musician can say in public. There is currently a disagreement with prosecutors over who the gagging order should apply to…

Chris Cooke • 24 Oct 2024

Black Lives In Music • 1 min read

Black Lives In Music launches Anti-Racism code for the music industry

Black Lives In Music launched a new anti-racism code for the music industry at WOMEX this week. It also previewed a new software called EquiTrack which will help music companies track their diversity and inclusion work and assess the impact it is having…

Chris Cooke • 24 Oct 2024

CISAC • 3 min read

Live music booming, but songwriters still not feeling the benefits of streaming, say latest CISAC stats

A booming live music sector and continued growth in the digital music market both contributed to an €830 million increase in royalties collected by the world’s songwriter collecting societies in 2023, according to the latest Global Collections Report published by CISAC…

Chris Cooke • 24 Oct 2024