Universal Music Group and other music publishers have secured a significant development in their copyright battle with artificial intelligence company Anthropic, as the court approves protective measures or “guardrails” for AI-generated song lyrics. UMG, along with other publishers including Concord Music Group and ABKCO, sued Anthropic in 2023, alleging copyright infringement. The group claimed that Anthropic trained its AI system Claude on lyrics […]
Welcome to Music Business Worldwide’s round-up – where we make sure you caught the five biggest stories to hit our headlines. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce their touring costs. If, like many of us, you took an opportunity to unplug this holiday […]
Bill Ackman’s Pershing Square Capital Management (PSCM) is closing out an investment fund that held a stake in Universal Music Group and is distributing 47 million shares of the music company to the fund’s co-investors. The news came the same day that Pershing Square Holdings, a closed-ended fund owned by PSCM, announced it had received […]
Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce their touring costs. Create Music Group has been a company to watch […]
Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce their touring costs. The beef between Drake and Kendrick Lamar took a […]
Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce their touring costs. The business of streaming dominated developments in the music […]
Turntable Labs has launched a new social music platform that offers a virtual space where users can share and discover songs together in real-time. Hangout launches with a catalog of over 100 million tracks, secured through partnerships with Sony Music Entertainment, Universal Music Group, Warner Music Group, and Merlin, which represents independent labels and other […]
Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce their touring costs. The boom in music asset-backed securities came into sharp […]