May, 2026

‘The UK Albums Chart Has Stopped Measuring the Future of Music.’
The following MBW op/ed comes from Kenny Gates, the co-founder and Executive Chairman of [PIAS]. Source...

Suno fights to keep Warner Music settlement terms away from UMG and Sony
Suno is pointing to the labels’ “mischaracterization” of a judge's ruling in what Suno described as an attempt to reopen a dispute that they already lost. Source...

PassPass closes ‘seven-figure’ seed round at $15m valuation, pitching gamified music discovery to artists
Atlanta-based real estate fund Roots led the round, alongside a group of strategic backers and angel investors. Source...

Downtown’s CD Baby launches ‘full-service’ artist program offering marketing, distribution, and financial support for 10 indie acts in 2026
The program will support 10 artists through 2026, offering priority distribution, targeted DSP marketing, paid digital campaign support, and more. Source...

Jim Mahoney promoted to new Chief Membership Officer role at Merlin
Mahoney’s promotion is accompanied by a series of senior Membership team promotions, including Bela Zecker, Joe Mercer Danher, and Ben Sperling. Source...

Kobalt inks strategic partnership with LAA Music, founded by NFL agent Zac Hiller and music exec Justin Goldman
LAA Music says its artists and writers have already generated more than 4 billion streams since launching in 2025. Source...

Tencent Music generated over $1bn in Q1, up 7.3% YoY – driven by growth in Super VIP-led memberships and concert revenues
The company's Q1 earnings report was published on Tuesday, May 12. Source...

Warner Music Group’s Armin Zerza adds COO role to his remit, just one year after joining as CFO
Zerza's new remit as COO will encompass corporate development, central marketing, business and market intelligence, and WMX Source...

Bertelsmann veteran Björn Bauer named CFO of combined BMG-Concord music company
The appointment will take effect upon closing of the BMG-Concord merger, which is expected to fall in the second half of 2026. Source...

If you thought the US music industry was concerned about AI, you should hear what they’re saying in China.
Tencent Music has explicitly blamed the 'proliferation of unauthorized AI-generated content' for creating 'headwinds' for its music subscription growth. Source...

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