Feed Items

K-pop superfan platform bemyfriends, a rival to Weverse, acquires controlling stake in SK Group’s music streaming operator Dreamus for $38.5m
News arrives just over a week after bemyfriends secured a $14.7m investment from Goodwater Capital Source...

NewJeans lose contract battle with label as Seoul court rules in favor of HYBE’s ADOR
The court found it "difficult to conclude" that ADOR breached its contract solely on the grounds of Min Hee-jin’s dismissal. Source...

UMG’s Udio deal prompts questions from Irving Azoff and the Music Artists Coalition
"Artists must have creative control, fair compensation and clarity about deals being done based on their catalogs,” said Azoff Source...

Dan Rosen promoted to President of Warner Music Australasia & Southeast Asia
WMG exec will now oversee company's recorded music businesses in Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam Source...

Vanessa Picken exits as Chair & CEO of Sony Music Australia and New Zealand
Company confirmed that the exec is stepping down after three years Source...

Karma Artists plans UK writing camp for K-pop collaborations
The move builds on Karma Artists' work with K-pop acts including BTS, Twice, Aespa, EXO, NCT, Riize and Shinee. Source...

From Universal’s landmark Udio deal to DistroKid’s new merch launch… it’s MBW’s Weekly Round-Up
The biggest news from the past week - all in one place Source...

TikTok joins roster of big name partners for the Music Business UK Awards
Less than 100 hours to go - and TikTok joins the party as sponsor of Manager of the Year award Source...

UMG has struck a new YouTube deal that includes ‘guardrails’ around AI… and 3 other things Sir Lucian Grainge said on Universal’s Q3 earnings call
Deal covers both recorded music and music publishing Source...

The settlement between Universal and Udio is a win for musicians everywhere
The following MBW Views op-ed comes from Ed Newton-Rex. Source...

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