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From Suno’s BMG breakthrough to Live Nation’s counterfeit crackdown… it’s MBW’s Weekly Round-up
The biggest headlines from the past few days... Source...
California’s 10% ticket resale price cap dies in Senate committee, as StubHub’s state lobbying spend hits $3.4M this year
A companion ticketing measure, AB 1349, was released from suspense at the same hearing and can now proceed to a Senate vote. Source...
Ronald Isley and Rudolph Isley’s estate end court fight over The Isley Brothers trademark
The dismissal with prejudice bars Rudolph Isley's estate from bringing the same claims again. Source...
Bill Ackman, who called Universal Music ‘one of the best businesses we have ever owned’, steers clear of music in Pershing Square stock-buying splurge
Bill Ackman‘s Pershing Square has disclosed six new stock investments in its first quarterly shareholder letter as a publicly listed company. None of the six is a music company. The new positions in...
Suno launches Studio 2.0 with MIDI support, an AI chat bar… and no download limit
Suno claims that "Grammy-winning artists" have used Suno Studio in the past to "make chart-topping hits" Source...
Ticketmaster launches connected app in Google’s Gemini, a day after the AI assistant passed 1B monthly users
Ticketmaster said eligible events are surfaced automatically based on relevant fan searches, with no additional implementation required from clients. Source...
After Universal and Merlin deals, Spotify inks agreement with Kobalt for AI-powered ‘fan-made’ covers and remixes
It is the first deal for the tool with a music publisher outside Universal Music Group. Source...
Virgin Music Group appoints Syaheed MSBI as Vice President of AMEA region
Syaheed joins from Believe to oversee Virgin’s operations across Africa, the Middle East and Asia Source...
Weeks after Beyoncé’s ‘Alien Superstar’ sample suit was dismissed, a second one is filed – this time Beyoncé is a defendant
The other defendants are Parkwood Entertainment, Sony Music Entertainment, Sony Music Publishing, W Chappell Music Corp. and John Holiday. Source...
Anghami co-founder Eddy Maroun launches Arabic music IP platform IPNation, targeting $100m with backing from Influence Media Partners
IPNation describes itself as the first investment platform dedicated exclusively to Arabic music catalogs and entertainment IP. Source...
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