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From WMG swooping for Revelator to UMG’s €500 million share buyback program… it’s MBW’s weekly round-up
The biggest headlines from the past few days... Source...
UMG and Believe settle lawsuit that alleged ‘industrial-scale’ copyright infringement of Universal’s music
Universal Music Group and Believe have settled the copyright infringement lawsuit filed against the Paris-headquartered music company and its distribution platform TuneCore in late 2024. A Joint Stipu...
Dialled In Records launches in London focused on South Asian music in partnership with The Collective, part of Universal Music UK’s Island-EMI
Dialled In Records launches with two acts: Pakistan-born producer and DJ Ahadadream, and Excise Dept, an India-based multidisciplinary collective. Source...
Wyclef Jean and Jaeson Ma’s D2C service OpenWav launches Snafu-backed indie artist financing platform
OpenWav says it can pay advances 'anywhere from the low five figures to the high seven figures' Source...
Meta touts Instagram as music superfan hub in new Luminate study
Musicians who participate in Instagram's Activation program see their streaming numbers jump by roughly 10% in the week an activation launches. Source...
Rostrum Pacific’s FatBeats acquires physical distro company Traffic Entertainment Group, plus D2C store and label Get On Down
The deal brings together three companies with a combined 50 years of experience in vinyl distribution, physical distribution, and premium catalog re-issues. Source...
Brian Miller appointed Chief Business Officer at TuneCore
Miller has served as Chief Revenue Officer at TuneCore for the last two years Source...
TikTok’s distro service SoundOn cracks down on manipulated audio via ACRCloud partnership to intercept unauthorized tracks
ACRCloud’s Derivative Works Detection service uses audio fingerprinting to identify modified works Source...
SeatGeek launches ChatGPT integration, bringing ticket listings to OpenAI’s chatbot
The ticketing platform says it's the first to bring both primary and resale inventory into OpenAI's chatbot. Source...
‘In today’s world, what does the word ‘manager’ mean? You’re really just sitting at the table with the artist.’
Culture Collective founder Jonathan Azu talks about his multi-hyphenate background, working with Grammy-winning artists, and where he wants to go from here… Source...
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