Cold brew from a Red Hot Chili Pepper.
On Friday, the office noted its support of licensing copyrighted material for "commercial" AI models. The next day, the head of the Copyright Office was fired by President Trump.
Warner Music Group shares fell 9.6% this week following the company's quarterly earnings release on Thursday (May 8).
Also this week: The Canadian Musical Reproduction Rights Agency makes a key hire and Toronto Music Experience announces plans to open a permanent museum.
A new article in The Atlantic takes private equity to task for emphasizing catalog music at the expense of new stars, but it’s missing the bigger picture.
The deal brings the rights of famous playwrights like Tennessee Williams, Sam Shepard and Alan Menken to Concord.
Also this week: Audacy’s C-suite continues to turn over, Range launches a new composer division and WME has a new senior director of external relations.
Co-founded by Brian Eno, EarthPercent encourages musicians and industry members to take on climate change and has raised $2 million for climate action since 2021.
WMG CEO says results suffered from a tough comparison to early 2024, when exchange rates swung to their benefit and there was a surge in subscription streaming growth.
Tours by TVXQ and Minho also helped push concert revenue up 58% in the first quarter.
