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HomeBusiness News(Page 7)

London’s Music Scene Gets New Tube Map Heralding Grassroots Venues

14 May, 2025

The map reimagines Underground lines as different aspects of the capital’s musical heritage

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Pershing Square Founder Bill Ackman Resigns From UMG’s Board

14 May, 2025

The billionaire investor told the board he would step down due to new obligations stemming from his company's other investments.

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Tencent Music Picks Up 2% Stake in UMG

13 May, 2025

The Chinese streaming platform says it bought $327 million worth of Universal's stock in mid-March, adding to a stake it had in UMG through a consortium of investors.

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Jeremy Sirota to Step Down as Merlin CEO

13 May, 2025

Sirota has led Merlin, the digital music licensing partner for independent labels and distributors, since 2020

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HYBE Latin America Launches Reality Series to Find Next Latin Boy Band

13 May, 2025

The project is HYBE's first artist development venture of this scale focused entirely on Latin talent and featuring marquee mentors and coaches.

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Anthony Kiedis and Live Nation Partner to Launch JOLENE Coffee Brand

12 May, 2025

Cold brew from a Red Hot Chili Pepper.

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U.S. Copyright Office Releases New Report on Legality of AI Training, Suggesting Law Is With Rightsholders on Key Issues

12 May, 2025

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.

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Sphere, MSG Entertainment Lead Music Stocks in Fifth Consecutive Weekly Gain

10 May, 2025

Warner Music Group shares fell 9.6% this week following the company's quarterly earnings release on Thursday (May 8).

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In Canada: Live Music Association Report Highlights the Country’s Declining Festival Market

10 May, 2025

Also this week: The Canadian Musical Reproduction Rights Agency makes a key hire and Toronto Music Experience announces plans to open a permanent museum.

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Private Equity Is Being Blamed for an (Alleged) Decline in New Music. Here’s What That Argument Gets Wrong

9 May, 2025

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.

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