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HYBE’s revenue slides 2% in Q3 amid Olympics impact, internal challenges. HYBE's concerts and recorded music revenues saw double-digit year-over-year declines. 1 2 … 905 Next. The latest music industry news from Music Business Worldwide.
OpenAI just won a copyright battle brought by two news outlets. What could this mean for the music industry’s lawsuits against AI firms? Some observers say the ruling weakens music companies' claims against AI developers, but the OpenAI case is very different from the music cases
As music industry attention shifts to ‘superfans’, let’s not forget who the experts are – retailers. Kim Bayley, head of the UK's Entertainment Retailers' Association, on streaming, superfans, and music rights companies. Analysis News.
Sep 27, 2024 · TikTok Music wasn’t the only music industry platform to announce its closure this week. MBW has confirmed that Warner Music Group is shutting down Level Music, its digital distribution platform for self-releasing artists.
Feb 9, 2024 · When it comes to the dispute between Universal Music Group and TikTok over royalty payments – the talk of the music industry over the past few weeks – Warner Music Group CEO Robert Kyncl is offering some cautionary advice: “Whatever you read in the press, don’t believe it.”
The global recorded music industry generated $20.2bn in wholesale revenues – that’s the money making its way back to labels and artists – in 2019. This figure was up 8.2% on the prior year ($18.7bn), according to official industry data revealed in the latest IFPI Global Music Report today (May 4).
Oct 21, 2024 · Britain’s recorded music exports rose by 7.6% year-over-year in 2023 to a record high, but the increase wasn’t enough to offset a steady decline in the UK’s share of global music consumption.
Aug 9, 2024 · Music Business Worldwide (MBW) publishes two podcasts: The MBW Podcast, which sees us regularly interview some of the leading figures in the global business – and Talking Trends – in which MBW founder, Tim Ingham, dives behind recent headlines in the music industry.
Jan 4, 2023 · Universal Music Group, Spotify, Warner Music Group, and TikTok all feature in the stats MBW thinks will have a big impact on the music biz in 2023. Here we go again. The music business is gently ushering itself back into action following some much-needed Holiday respite.
Jan 23, 2024 · Luminate reports that Hindi-language music’s market share of the world’s streaming tracks (on-demand streams, inclusive of audio + video) more than doubled between 2021 (3.8%) and 2023 (7.8%). You only have to look at the momentous increases in volume of total music streams in for your answer.
