Music Business Worldwide News

1. Vevo DSCVR Artists To Watch 2024: Qing Madi, Florentina, Olly, Nathan Galante

   MBW's spotlight series on Vevo DSCVR's 2024 Artists To Watch continues via Nigeria, Italy, Mexico and Germany

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2. NMPA: Generative AI is ‘the greatest risk to the human creative class that has ever existed’

   Everything we learned from the National Music Publishers Association's US Copyright Office submission

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3. TikTok leans further into music with new Artist Accounts for musicians

   'Artist Accounts' feature various promotional tools for musicians

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4. Rio Caraeff appointed Chief Business Officer at Musixmatch

   Former Vevo CEO joins lyrics and music data platform in key role

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5. Warner’s Spinnin’ Records forms joint venture with dance label Kanary Records

   The partnership with Spinnin’ Records will provide Kanary's artists with support and distribution via the Warner Music Group-owned label.

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6. peermusic extends ICE Core licensing deal with ICE Services

   Peermusic says it has experienced a substantial surge in royalties, boasting an average year-over-year increase of over 60%.

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7. Europe’s artists and labels could lose $137m annually to US recorded music rightsholders if EU law isn’t changed, trade groups warn

   A “devastating” transfer of over €125 million every year out of Europe and into the US “is on the horizon"

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8. Warner’s ADA to distribute select artists’ music from generative AI platform Boomy in ‘first-of-its-kind deal’

   Under the deal, ADA will distribute some Boomy artists across platforms including Spotify, TikTok and Apple Music

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9. Taylor Swift is the most-streamed artist on Spotify in 2023, with over 26.1bn global streams

   Spotify has published its year-end charts alongside the launch of its 2023 Wrapped campaign

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10. Sony Music and CTS EVENTIM acquire two ticketing firms in South America via joint venture

    EVENTIM joint venture to acquire majority stakes in Punto Ticket in Chile and Teleticket in Peru

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