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Universal Music eyes €1 billion bond sale, Bloomberg reports
News follows UMG's recent rejection of a $64 billion takeover bid from Bill Ackman's Pershing Square Source...
Spotify seeking rights to show live video of music festivals (report)
Spotify has already begun adding footage from live events, including a Dua Lipa show in Mexico City, Bloomberg reported. Source...
Suno asks court to block UMG and Sony from expanding copyright lawsuit to over 61,000 recordings
Suno argued that granting the labels' request would deny the company a timely ruling on whether training its AI model on copyrighted music is fair use. Source...
Ticketmaster halts Céline Dion Paris ticket sale, citing ‘suspicious activity’
The sale was the dedicated venue window for 10 dates that Dion added at Paris La Défense Arena in May 2027. Source...
Universal sells Curve Royalty Systems to Merlin and Matt Spetzler’s Jamen Capital
Universal Music Group and its subsidiary Virgin Music Group have agreed to sell Curve Royalty Systems to Jamen Capital and Merlin. The sale is the divestment that the European Commission require...
From Suno’s $5.4B valuation to Bill Ackman’s exit from Universal Music… it’s MBW’s weekly round-up
The biggest headlines from the past few days... Source...
Soraib el Jelali appointed Head of A&R at Warner Chappell Music Benelux
El Jelali first joined WMG in 2023 as Head of A&R at Atlantic Records Benelux, where he worked with artists including Diamond-certified Roxy Dekker. Source...
UMG launches nextWAV artist development program in New Zealand
The 12-month program is open to applicants aged 16 to 18 who are permanent residents or citizens of New Zealand. Source...
MOBO Awards founder Kanya King dies at 57
'The music world has lost one of its most fearless champions.' Source...
Remember ‘Say No To Suno’? Someone just hired a plane to fly it over an AI investor summit… featuring Mikey Shulman.
Its location in the skies was significant – directly over the UBS AI in Entertainment Summit at the Shutters on the Beach hotel, where Suno CEO Mikey Shulman was among the speakers. Source...
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