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UK-based avatar concert producer Unit1 Studio raises $20M led by Balderton Capital
The fundraise lands alongside what Unit1 calls a world first: the transfer of an avatar concert production from one venue to another. Source...

Apple to open 600-capacity live music venue in London, with two recording studios and a broadcast control room built in
Artists who play the new Apple Music Hall can leave with a Spatial Audio recording, a mix ready for broadcast, and multi-camera video of the same show. Source...

Tuboleta owner BeatHub buys out Chile’s BeLive to take 100% of Bogotá’s Movistar Arena
BeLive Entertainment retains 100% control of Colombiana de Escenarios, which runs the venue under a concession. Source...

American Music Tourism Act heads to Trump’s desk after House vote
The bill would add music to the tourism-promotion duties the Commerce Department already carries under the Visit America Act. Source...

Erica Campbell’s label sues distributor SRG/ILS Group, claiming it never sent a single royalty statement
My Block Records is seeking damages in excess of USD $1 million, plus interest and legal fees, and has demanded a jury trial. Source...

HYBE’s CEO and Musicow’s Chair named vice chairs of the Korea Venture Business Association
KOVA said it expects HYBE's arrival as a vice chair company to widen the connections between the content industry and Korea's venture ecosystem. Source...

Carianne Marshall to exit Warner Chappell Music
A WMG media release said Marshall's exit comes as the company "streamlines its leadership structure." Source...

Universal and Sony sue Suno for a second time, claiming platform’s v6 models are ‘the fruit of the same poisoned tree’
US copyright law sets damages for willful infringement at up to USD $150,000 per work. At that ceiling, the 60,202 recordings would carry a theoretical maximum of just over $9 billion. Source...