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Tag: music
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Global independent music publishing sector was worth $2.8bn in 2023, up 5.7% YoY (report)
The global market value for music publishers – including majors and indies – was EUR €9.8 billion in 2023, which translates to USD $10.6 billion at the average exchange rate for 2023. That’s according to the latest Global Market View report from the Independent Music Publishers Forum (IMPF). Because of the slow-moving nature of publishing…
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From Pophouse’s $1.3bn music rights fund to Morrissey’s legal action… it’s MBW’s Weekly Round-Up
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. Anyone who thinks music rights investment may have plateaued…
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Merlin sues TikTok rival Triller for breach of contract over allegedly unpaid music licensing fees
TikTok rival Triller is once again facing a lawsuit over allegedly unpaid music licensing fees. This time, the music organization suing Triller is Merlin, the digital music licensing group for indie labels, distributors, and other rightsholders. In a complaint filed on Thursday (March 27) in the US District Court for the Southern District of New…
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Fernando Cabral de Mello named CEO of Sony Music Entertainment Brazil
Sony Music Latin Iberia has announced a new organizational structure for its operations in Brazil, where the company’s operations will now be led by Fernando Cabral de Mello as CEO. According to the official announcement, the company’s new “unified” structure in the market will encompass Sony Music Brasil, Som Livre, and will also oversee the…
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Shop Music Festival Beauty Must-Haves Starting at Just $6
The products featured in this article are from brands available in NBCUniversal Checkout. E! makes a commission on purchases. No music festival outfit is complete without some killer hair and makeup. But considering you’re going to be outside dancing and listening to your favorite artists most of the day, your look can’t just be show stopping,…
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AI music remixing platform Hook raises $3m from Kygo’s Palm Tree Crew, The Raine Group and more
Hook, an AI-powered startup music platform that enables users to create and earn from legally licensed music mashups and remixes, has announced it has closed $3 million in additional funding. With the latest capital injection, the platform has raised a total of $6 million, Hook said in a statement issued on Wednesday (March 26). The…
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Ed Sheeran calls on UK government to invest £250m in music education
Ed Sheeran has written to UK Prime Minister Sir Keir Starmer and UK government officials calling for immediate, long-term funding for UK music education. This follows the launch of the Ed Sheeran Foundation in January – a nationwide initiative aimed at providing “inclusive, high-quality music education”. The letter has surpassed 500 signatures and includes backing…
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UMG strikes partnership with HEAT to bring Lil’ Wayne, CG5 music to game developers
In its latest move to bring its artists’ music into the world of gaming, Universal Music Group (UMG) has announced a collaboration with game development platform HEAT that will bring the music of Lil’ Wayne and CG5 to game developers. As of May 1, Lil’ Wayne’s Uproar and GO DJ will be available on the…
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SESAC Performing Rights and New Music USA launch additional 3-year commitment to Reel Change: The Fund For Diversity In Film Scoring
SESAC Performing Rights and New Music USA have announced continued funding for Reel Change: The Fund for Diversity in Film Scoring. Reel Change is a grant and mentorship program for composers of diverse backgrounds who have been marginalized in film composition, backed by SESAC Performing Rights and composer Christophe Beck, and administered by New Music…
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Lady Gaga Thanks LGBTQ+ Community In iHeartRadio Music Awards Speech: “Your Courage Fuels Mine”
Lady Gaga was recognized with the Innovator Award at the 2025 iHeartRadio Music Awards and delivered a powerful message. During her acceptance speech, the “Abracadabra” singer thanked many people that made her the artist that she is today, including her two Italian-American grandmothers. “They didn’t invent technology or art, they invented possibility, shaping the future…
