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From ElevenLabs’ $11B UMG deal to HYBE Weverse’s data breach… it’s MBW’s Weekly Round-Up
The biggest headlines from the past few days... Source...

Spotify co-founder Martin Lorentzon says he’ll leave Sweden ‘immediately’ if a wealth tax is introduced (report)
Sweden votes in a general election on Sunday (September 13), with taxation of the country’s wealthiest one of the campaign’s live issues. Source...

[PIAS] relaunches Source – the Anglo-French label behind Air, Phoenix, and Kings of Convenience
Ifulki, Disgusting Sisters, Epal, and HINA are the relaunched label's first signings. Source...

AI Will Test Music’s Infrastructure, Not Just Its Creativity
The following MBW op/ed comes from Jorge Brea, CEO of Symphonic Source...

US musicians’ union files opposition to Universal and Warner motions to dismiss, saying members’ recordings were ‘fed into AI systems for commercial exploitation’
The American Federation of Musicians has filed its opposition to the motions to dismiss brought by Universal Music Group, Inc., Warner Records, Inc., and Atlantic Recording Corp. in its lawsuit over t...

Judge throws out copyright claims in Wixen’s $102M lawsuit against Meta
A judge ruled that Wixen has not shown it holds the rights that would let it sue over the 681 works it says Meta used without a license. Source...

Universal Music and Warner Chappell partner on launch of Ecuadorian music company Sonido Distrito Sur, led by Juan Fernando Velasco
Ecuadorian singer-songwriter Juan Fernando Velasco is also president of SAYCE, the Ecuadorian authors' and composers' society. Source...

ElevenLabs’ $11B valuation is more than twice the size of Suno’s. It just struck a global AI music deal with UMG.
ElevenLabs will launch an AI-powered music platform for fans under the deal, with the two companies also jointly developing AI audio products for artists and songwriters Source...

Former TuneCore chief Andreea Gleeson appointed CEO of beatBread
Gleeson succeeds Tracy Maddux, who has run beatBread on an interim basis since November 2025. Source...

Time to go private? On Warner, Universal, and dissatisfaction with public market valuations.
The latest 'Tim's Take' from Music Business Worldwide founder, Tim Ingham Source...