Indie Songwriters Bristling Over Major Label AI Negotiations

indie songwriters AI negotiations

Photo Credit: Soundtrap Indie songwriters and composers are frustrated at the major labels’ “closed-door” AI negotiations and demand an open process. Independent songwriters and composers have heard this song before; Bloomberg reports that major multi-national […]

Norwegian CMO TONO Passes $102 Million Revenue for 2024

Norwegian CMO TONO

Photo Credit: TONO TONO, Norway’s collective management organization (CMO), has reached a historic milestone in 2024. The CMO has reported gross revenues exceeding NOK 1 billion ($102M) for the first time. Based in Oslo and […]

Labubu’s popularity has made its owner China’s youngest billionaire

A photo of a Labubu dolls in someone's handbag.

Labubu has become so insanely popular that the owner of Pop Mart, the character’s exclusive retailer, has now entered the ranks as China’s youngest billionaire. Labubu fever is at an all-time high. First created in […]

Universal Music, Patrick Whitesell Debut Diversification-Geared JV

Universal Music Group

Universal Music Group head Lucian Grainge. Photo Credit: UMG Time to kick IP monetization up a notch? Universal Music Group and Patrick Whitesell’s WTSL have officially launched a joint venture designed to unlock “new commercial […]

Streaming, Merch, & Social Platform OpenWav Officially Launches

OpenWav

Indie-focused streaming, social, merch, ticketing, and superfan platform OpenWav has officially launched. Photo Credit: Aman Chaturvedi Streaming, merch, ticketing, and superfan platform OpenWav has officially set sail with an eye on “redefining the future of […]

Two-Tier Streaming Market Threatens Independent Music

IMPALA warns of two-tiered music streaming market developing in new report

Photo Credit: Jessie McCall The music streaming ecosystem stands at a crossroads, warns the Independent Music Companies Association (IMPALA). While global streaming revenues have soared to $22 billion, underpinned by 800 million premium subscribers, this […]