CMU Digest 23.04.23: Spotify, AI, SM Entertainment, Dr Luke, BMG
This week's digest covers Spotify's lobbying in Washington over app store rules, Universal's AI concerns, the raid on SM Entertainment and more.…
Business News
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Indies account for 27.1% of global music publishing market, says new IMPF report
A new IMPF report estimates independent publishers held a 27.1% share of the €7.68 billion global music publishing market in 2021.…
Armada Music launches new venture to acquire dance music rights
Armada Music has launched BEAT, a new investment venture to acquire electronic music catalogues, with first deals for Kevin Saunderson's KMS Records and Arty's rights.…
Live Nation launches "destination experience company" Vibee
Live Nation has launched Vibee, a travel and destination experience company offering packages built around festivals including Electric Daisy Carnival and Lollapalooza.…
BBC opens phone line as part of Tim Westwood investigation
The BBC has opened a 24/7 phone line for four weeks as part of its independent investigation into allegations against Tim Westwood.…
One Liners: Ed Sheeran, Bebe Rexha, Kim Petras, more
Roundup including BMG's Heath Johns promotion and new releases from Ed Sheeran, Bebe Rexha, Kim Petras, Bloc Party and others.…
Spotify boss heads to Washington to continue his battle against Apple's App Store policies
Spotify chief Daniel Ek has urged US lawmakers to pass the Open App Markets Act, arguing Apple's App Store rules on in-app payments are anti-competitive.…
Drake sued over Honestly, Nevermind sample
Ghanaian artist Obrafour has sued Drake, alleging an uncleared vocal sample of his song 'Oye Ohene' appears on 'Calling My Name' from 'Honestly, Nevermind'.…
Financial regulators raid SM Entertainment amid investigation into Kakao's recent share-buying spree
South Korea's financial regulator raided SM Entertainment's headquarters as part of an investigation into allegations that Kakao manipulated SM's share price during its takeover bid.…
MOBO announces TikTok partnership for next phase of its MOBO UnSung programme
MOBO has partnered with TikTok's SoundOn to let emerging artists apply for its MOBO UnSung 'Class Of 2023' via the TikTok app.…
New York judges suggest that Dr Luke might be a public figure as Kesha defamation case rumbles on
New York Court of Appeals judges appeared inclined to view producer Dr Luke as a public figure at a hearing in his defamation case against Kesha.…
Cumgirl8 sign to 4AD
Cumgirl8 have signed to 4AD, releasing first single 'Cicciolina' now, with UK tour dates in May including The Great Escape.…