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Confirmed: Primary Wave Music to acquire Kobalt from Francisco Partners
Kobalt to continue standalone operations under current management Source...

BTS smash K-Pop records with new album Arirang – but HYBE shares drop after comeback concert draws smaller crowd than expected
All 14 tracks from the album also occupied spots on the Spotify Global Top 50, with the lead single SWIM, debuting at No. 1. Source...

Chance the Rapper beats Pat the Manager’s $3.8M lawsuit — but wins just $35 in countersuit
The verdict capped a legal fight that began in 2020 when Pat Corcoran sued Chance the Rapper alleging unpaid commissions. Source...

From WMG’s Netflix deal to BMG’s Anthropic lawsuit… it’s MBW’s weekly round-up
The biggest headlines from the past few days... Source...

Warner Music Group inks exclusive Netflix deal to make artist and songwriter documentaries
The streamer will develop "documentary series and films exploring the lives, music and legacies" of WMG's roster. Source...

As recorded music revenues hit $31.7B globally, IFPI CEO Victoria Oakley explains the opportunities – and the threats – ahead
Oakley spoke on the publication of the IFPI Global Music Report 2026, which is now available to purchase Source...

Streaming fraud man who pocketed $8m using hundreds of thousands of AI songs streamed billions of times by bots pleads guilty
Smith is scheduled to be sentenced on July 29 Source...

Sony Music has targeted 135,000+ deepfakes of its artists’ music for removal from streaming platforms
The target artists include Beyoncé, Queen and Harry Styles, the BBC reported, citing Dennis Kooker, president of Sony's global digital business. Source...

Recorded music revenues in Italy grew +10.7% YoY last year; paid streaming revenues in the market jumped 14.1% YoY
Paid subscriptions, totaling EUR €234.4 million ($269 million), represented 69% of Italy’s total streaming revenues in 2025. Source...

UK government reverses course on stance to let AI companies train on copyrighted music without permission
'We have listened. We have engaged extensively with creatives, AI firms, industry bodies, unions, academics and AI adopters, and that engagement has shaped our approach.' Source...