CMU | the music business explained (Page 35)

Live Nation boss dismissive of streaming platforms’ superfan ambitions as company reports record year

Spotify wants to be “the best in the world at building AI products” and is focused on “accelerated execution”... but still no super-premium launch

Judge throws out MLC’s audiobooks bundle lawsuit, says Spotify can keep cutting songwriter royalties through its “cynical trick”

Universal Music’s new Spotify deal could be a knock-out blow for streaming platform’s audiobook bundling trick

Universal put “corporate greed” before Drake’s safety, says defamation lawsuit filed over Kendrick Lamar diss track

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

Diddy • 2 min read

Sean ‘Diddy’ Combs denied bail with prosecutors and judge citing witness tampering concerns and flight risk

Sean ‘Diddy’ Combs remains in jail following his arrest on sex-trafficking charges earlier this week after twice being denied bail because of concerns he might seek to intimidate witnesses. Indictment documents set out in lurid detail the allegations against Combs, which he denies…

Chris Cooke • 19 Sep 2024

CMU Approved • 1 min read

🎧 Approved: MJ Nebreda

Venezuelan-born, Miami-based artist and producer MJ Nebreda has an eclectic approach to electronic music, blending influences from NY house to Perreo. Her latest release, ‘Soy Sentimental’, pulses with fast-paced, cyclical rhythms and Latin club influences.…

Kaya Robertson • 19 Sep 2024

One Liners - quickfire news from the music business • 8 min read

⏩ One Liners - music business news in brief: Kevin Liles departs Warner Music, Global Cue Sheet Standard upgraded, Jeremy Dutcher wins Polaris Music Prize + more

Today: Warner Chappell, Believe, Frontiers Label Group, Artone, Townsend Music, Warner, 300 Entertainment, peermusic, Hipgnosis, Nettwerk Music Group, The Orchard, Spotify, Sony Music Publishing, Soundstripe, SoundCloud, TikTok, CISAC, IFPI, UD, War Child, Polaris Music Prize, Zumba…

CMU • 18 Sep 2024

Universal Music • 6 min read

The music industry is entering the era of “Streaming 2.0” and could be on course for 2 billion paying subscribers says Universal Music boss Lucian Grainge

Universal Music's Capital Markets day at Abbey Road Studios offered significant insight into how UMG sees the current global music business, where it sits, and how it's going to grow in coming years…

Sam Taylor • 18 Sep 2024

Lyte • 2 min read

Ticketing company Lyte implodes after “stupidest deal ever done”

The board of ticketing company Lyte are trying to find a buyer for the business after it ceased operations last week following the departure of founder and CEO Ant Taylor. Insiders say that the firm’s 2022 acquisition of UK ticketing outfit Festicket contributed to its problems…

Chris Cooke • 18 Sep 2024

The Smiths • 3 min read

Johnny Marr responds to Morrissey moans over releases, reunions and trademarks

Morrissey has been complaining about Johnny Marr of late over him blocking a Smiths greatest hits album and reunion tour. Then he accused Marr of trademarking the name The Smiths without his consent. That prompted Marr to issue a statement, insisting Morrissey’s people knew about the trademark…

Chris Cooke • 18 Sep 2024

Releases & Tours • 1 min read

⏩ Releases & Tours News Wednesday 18 Sep

Pixies, Kid Cudi, Father John Misty, Warm Human, Chase & Status, Mogwai, Talking Heads, A Place To Bury Strangers, The Darkness + more…

CMU • 18 Sep 2024

TikTok • 2 min read

Selling is not an option says TikTok’s lawyer, as court proceedings open with freedom of speech arguments

Judges yesterday scrutinised lawyers from TikTok as the social media company tries to block the sell-or-be-banned law passed by US Congress earlier this year. It argues that the law violates free speech and is therefore unconstitutional…

Chris Cooke • 17 Sep 2024

CMU Approved • 1 min read

🎧 Approved: ATRIP

Poland-born and London-raised producer/DJ ATRIP draws from the capital’s diverse club culture but shapes it into something with a balmier, almost cinematic emotional edge. Now, ATRIP builds on this momentum with his latest single ‘Ocean’, featuring KAM-BU.…

Kaya Robertson • 17 Sep 2024

Releases & Tours • 1 min read

⏩ Releases & Tours News Tuesday 17 Sep

Confidence Man, Lambrini Girls, ARXXX, Floating Points, Orion Sun, The Prodigy, Blossoms, Andrea Bocelli + more…

CMU • 17 Sep 2024

Diddy • 2 min read

Sean Combs charged with racketeering and sex trafficking

Following the numerous lawsuits accusing Diddy of sexual harassment and assault, the musician has now been arrested and charged with racketeering and sex trafficking. The criminal case follows the US Homeland Security raids on properties owned by Diddy earlier this year…

Chris Cooke • 17 Sep 2024

Cox Communications • 3 min read

US internet providers slam “extortionate pressure” of copyright lawsuits as they urge the Supreme Court to scrap Cox judgement

Cox Communications is trying to get the US Supreme Court to review the billion dollar judgement in its legal battle with the major record companies. Yesterday four other ISPs made a submission to the court supporting their rival and urging the top court to intervene…

Chris Cooke • 17 Sep 2024