April, 2025

Update (2): Three former HYBE employees receive sentences for insider trading on BTS’ military enlistment (report)
Two former employees and a current staff at the company were fined between KRW 51 million to KRW 231 million each. Source...

From Concord’s $1.76 billion ABS transaction to Universal Music Group’s EU scrutiny… it’s MBW’s weekly round-up
The biggest music biz headlines from the past few days, all in once place. Source...

King Gizzard & the Lizard Wizard join Deerhoof and Xiu Xiu in pulling music from Spotify after Daniel Ek’s military AI investment
Ek recently led a €600 million (USD $703m) series D for Helsing, a defense company focused on AI-powered military drones. Source...

A letter to HYBE shareholders from Music Business Worldwide RE: BTS ‘hiatus’ insider trading convictions
Explaining why MBW updated its article last week... then updated it again Source...

TikTok must transfer control to US owner, US commerce secretary says
Lutnick said Donald Trump is "positive towards TikTok, if it can move into American hands." Source...

NewJeans: ‘Telling us to return to ADOR and HYBE is like telling the victim of school bullying to return to the same school and endure it.’
The K-pop group's legal team said the root of the conflict lies in HYBE's audit into Min Hee-jin last year. Source...

African music enjoys breakthrough on Shazam’s Global Top 200 Chart
Twelve tracks by African artists reached the Shazam Global Top 10, with three reaching the No. 1 position. Source...

Cyrille Bolloré, son of Vincent, steps down from Universal Music Group board, as Bolloré Group fights French regulator over Vivendi share offer
According to its website, The Bolloré Group owned an 18.5% stake in Universal Music Group at the close of 2024 Source...

Create Music Group’s digital content studio Flighthouse launches sports-focused Fieldhouse
Co-Founder and CEO Jonathan Strauss has described Create Music Group as an "audience company" Source...

AEG partners with Because, Combat in new ownership structure for Paris festival We Love Green
Jay Marciano calls event one of the 'marquee' live music festivals in Europe Source...

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