Analysis News Shazam tops 100 billion song recognitions since launch Shazam notes that’s equivalent to 12 songs identified for every person on Earth
News Nashville hitmaker Matt Alderman sells catalog to Anthem Entertainment Anthem has also signed a publishing deal with the hitmaking country songwriter
News AEG sues Young Thug for breach of contract after $16M catalog sale (report) The live entertainment company says Young Thug sold a repertoire of songs that were collateral for a loan
News Kevin Lipson appointed Chief Revenue Officer at Republic Records Lipson will oversee revenue strategy at Universal's East Coast-based group of labels, including Republic, Mercury, Def Jam, and Island
News SoundExchange strikes royalty agreement with SAMPRA, opening new revenue streams for US and South African artists SAMPRA represents over 75,000 recording artists and 11,000 record companies in South Africa
News Saudi wealth fund exits Live Nation stake, after making $930M in profit Another major Live Nation shareholder, Liberty Media, is planning to spin off a separate company that includes its LN stake.
News TikTok strikes new long-term partnership with ICE The new deal will give TikTok continued access to ICE's vast catalog of more than 54 million musical works from over 330,000 rightsholders
News Music.AI partners with SourceAudio to offer stem separation technology to 567,000 users SourceAudio's clients, which include major players in streaming, film, and music, will now be able to generate stems on-demand from any content at scale
News SoundCloud rolls out new monetization feature as part of enhanced upload experience The new feature eliminates multiple steps previously required for artists to monetize their content on the platform
News Anthem Entertainment acquires Puerto Rican rapper Darell’s catalog, hires Victor Mijares as VP of Latin Music The Toronto-headquartered company is looking to bolster its presence in the Latin music space
News Turntable Labs’ social music platform Hangout launches with Sony, Universal and Warner deals Hangout launches with a catalog of over 100 million tracks
News Trump allies say he’s likely to reverse TikTok ban (reports) Trump once sought to ban TikTok, but ended up using the app during the recent presidential election
News HYBE’s Weverse Magazine issues statement distancing itself from controversial internal document HYBE's controversial "music industry report" was drawn up by Weverse Magazine's top editor
News Virgin Music Group partners with Japan’s Bushiroad Music on global anime music distribution Virgin will provide digital distribution services for Bushiroad Music‘s content across 35 countries
News Live Nation’s Q3 profits beat estimates following ‘most active summer concert season ever,’ but revenues fall 6% to $7.7bn as stadium attendance drops The company's shares soared in overnight trading after reporting stronger-than-expected profits