CMU (Page 2)

To the moon! Concord reaches for the high notes as it ups its SONG bid to $1.25

“Value, value, value!” is the mantra at Spotify as Ek downplays the negatives

The state of Hipgnosis

Manchester’s new Co-op Live arena cancels launch shows as power issues delay opening

📑 CMU Digest: Elephants on parade as Hipgnosis circus rolls back into town

Believe board backs buyout bid - but company will remain listed on Paris exchange

Hipgnosis debacle might be over as Concord offers to acquire entire share capital of SONG - but there’s a catch…

Save £70 on our Economics Of Streaming Masterclass Series

MLC lawsuit is “wild overreach” says Pandora, accusing US mechanicals society of “legal frolics”

Live Nation could be facing antitrust lawsuit from US government as soon as next month

Viagogo boss does the UK media rounds, insists touting price cap won't work

Universal relaxes TikTok boycott - but only if your name is Taylor Swift

Apple and Travis Scott companies remain as defendants in Astroworld litigation

Gee Davy to take over as head of indie label trade body AIM as Silvia Montello exits

“Fundamental reform of music streaming” must come soon, say MPs

GEMA says German song right income is booming, but digital growth is lacking

Live Nation boss to sit for deposition in Astroworld litigation

Warner Music Group pulls out of Believe takeover race

An unexpected late night is not a “cognizable injury”, says Madonna in response to lawsuit over her slack timekeeping

Spotify planning another price rise in five markets

200+ artists sign letter urging tech companies to stop using AI to "devalue the rights of human artists"

Pharrell Williams accused of “committing fraud in securing trademarks” by Neptunes partner

Excessive spending, poor systems, missing documents and misleading statements: Shot Tower Capital’s blistering assessment of Hipgnosis Song Management couldn’t be much worse

French indie label body UPFI calls on French government to intervene in potential Warner Music Group takeover of Believe

Travis Scott seeks to be removed from Astroworld lawsuits, as lawyers query if performers should have crowd management training

Utopia! Whotopia? The Swiss music company has a Proper strategy…

As BMG’s 2023 numbers show continued growth, could a merger with Warner Music or Believe be on the cards?

Sean Combs properties raided in federal sex trafficking investigation

French regulator AMF knocks back Believe consortium’s accelerated bid, giving Warner Music a chance to make a formal offer

Mood music maker scores fifteen billion streams, and prompts yet another 'fake artists' debate

Night & Day ruling makes it “open season” on Manchester’s night-time economy says Music Venue Trust boss

BPI threatens to sue voice cloning site Voicify

📑 CMU Digest: Be sold or be banned says US Congress to TikTok

Think you understand the music industry’s revenue stats? Think again…

Labour commits to UK ticket touting price cap, as Ed Sheeran's team welcomes guilty verdict in ticket tout court case

Selling TikTok would be last resort for ByteDance, sources say as House votes through sell-or-be-banned law

Believe x WMG takeover dance warms up as financial regulator is called in

TikTok insists it isn't forcing Americans to phone politicians as ban proposal gets fast-tracked in Congress

CNM statement shows that Spotify’s rage about new French streaming levy misrepresents key facts

France has stood firm against Spotify’s bullying - and Spotify is having a tantrum

WMG is toying with an offer for Believe that would wipe out Warner’s cash reserves - but is it serious, would Believe shareholders sell and can WMG afford to bet the farm?

Mean Millennials scrap streaming subscriptions, mail order music is booming - and Apple Music might be making £500 million or more in the UK

Manchester City Council has spent nearly £90,000 fighting Night & Day legal battle

Hipgnosis Songs Fund takes a haircut - and might have bigger problems to come

Dodgy distributor 3tone linked to company being investigated by Serious Fraud Office

€111 million in TikTok revenue is nothing when you’re Lucian Grainge - but, he says, “my phone is always open” if Shou Zi Chew wants to be friends again

Sound City’s Becky Ayres: “The music business’ talent pipeline is blocked by an image problem”

CMU Exclusive: Apple Music’s “spatial audio bonus” will favour major labels at the expense of small labels and creators

Artificial Intelligence and the music industry in 2023

Download Festival • 2 min read

Download Festival announces plans to avoid last year’s “unprecedented” traffic congestion

More than 600 people missed flights to their summer holiday destinations after getting caught up in congestion around the Download Festival at Donington Park in 2023. This year organisers are working hard to ensure that doesn’t happen again…

Andy Malt • 24 Apr 2024

Hipgnosis • 7 min read

The state of Hipgnosis

Have you ever dropped something - an entire bowl of trifle, for example - only to catch it before it hits the floor, your split second reactions kicking in as though time had slowed down? When time turns to treacle, normal things can lose all meaning. Welcome to the state of Hipgnosis.…

Sam Taylor • 23 Apr 2024

One Liners • 4 min read

⏩ One Liners: RAK Publishing, FAC Artist Ambassadors, CIISA + more

Bella Figura snaps up RAK catalogue; Deezer does ad-sales deal with Global; Big Life Management promotions; new Artist Ambassadors for FAC; new music from Lambrini Girls, mui zyu, LYLO…

Sam Taylor • 23 Apr 2024

CMU Approved • 1 min read

Approved: Sasha Keable

Sasha Keable has released her first single in three years ‘Hold Up,' a soul-stirring R&B anthem, signaling her triumphant resurgence…

Kaya Robertson • 23 Apr 2024

Astroworld • 2 min read

Astroworld lawyers want access to more of Travis Scott's text messages

With the first lawsuits due to get to trial next month, lawyers working for victims of the Astroworld tragedy are trying to get access to more texts and messages sent by the festival’s founder Travis Scott, arguing that the amount of communications shared so far is “inadequate”…

Chris Cooke • 23 Apr 2024

Amazon • 2 min read

Amazon AI employee claims she was told to breach copyright rules because “everyone else is doing it”

An AI researcher who worked for Amazon is suing the company over allegations of harassment and unlawful dismissal - and in her lawsuit she claims that she was told it was fine to breach copyright rules when developing AI models in order to keep up with competitors…

Chris Cooke • 23 Apr 2024

TikTok • 3 min read

TikTok battling regulators and lawmakers in both EU and US

TikTok is facing new legal battles in both the EU and the US. EU officials say TikTok may have breached the Digital Services Act by launching TikTok Lite and its rewards programme without the required risk assessment. In the US, TikTok’s lawyers are prepping to fight a proposed ban in the courts…

Chris Cooke • 23 Apr 2024

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