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Music Business Worldwide News
News, jobs and analysis for the global music industry
Sir Lucian Grainge remuneration approved by Universal Music Group shareholders at AGM
Universal Music Group has published the results of its 2024 Annual General Meeting
Source
US House passes ‘TICKET Act’ requiring all-in pricing for major live events
The bill would also ban "speculative ticketing" and the use of deceptive URLs to rip off ticket buyers
Source
Concord officially pulls out of Hipgnosis Songs Fund acquisition race
The news was announced in a statement to the market on Thursday (May 16)
Source
Sony Music sends letters to 700 AI, music streaming companies declaring it’s ‘opting out’ of AI training
The letter also states that these companies may have already violated Sony's copyrights
Source
ATC Management acquires majority stake in Bring Me The Horizon management company Raw Power
ATC Management represents more than 60 artists, composers and producers, including Nick Cave, The Smile and PJ Harvey
Source
PMY Group taps Audoo for music royalty reporting at large events
PMY says the move is meant to address the lack of transparent reporting that has resulted in “billions of dollars annually” in unclaimed music royalties
Source
Seeker Music and MITH Media team up to expand in US and Latin Music market
The first two signings under the partnership are with songwriter K. Sotomayor and singer-songwriter Dēlian
Source
Epidemic Sound considers IPO by 2025 (report)
The company, which provides royalty-free sound and music to creators, was valued at $1.4 billion in 2021
Source
Google unveils ‘Music AI Sandbox’ with the help of Wyclef Jean, Justin Tranter and Marc Rebillet
With these tools, "you’re able to move at light speed with your creativity," says Wyclef
Source
Sun Label Group launches under parent company Primary Wave Music, bringing together Sun Records, Gaither Music, Green Hill Music, Rural Rhythm and emeraldwave
Paul Sizelove will oversee Sun Label Group as President
Source
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