Music Business Worldwide

The latest music news from Music Business Worldwide, News, jobs and analysis for the global music industry and on artists new releases and where to get new mp3 songs.

1. HYBE’s Joon Choi: ‘90% of Weverse traffic comes from regions outside of Korea. Most of our users are global superfans.’

   MBW speaks with Weverse President Joon Choi following the launch of its Spotify-powered 'Listening Party' streaming service

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2. TikTok soft-launches ‘TikTok for Artists’ platform

   For now, the service is available only to artists in Australia, Indonesia, Japan, New Zealand and South Korea

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3. HYBE’s newest venture in the US is a label called HYBE AMERICA x AU in partnership with Alan Chikin Chow

   Label is described as "a first-of-its-kind label" that will launch a "groundbreaking franchise spanning both scripted content and music."

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4. Exclusive: Morrissey launches legal action against alleged online fraudster, as Web Sheriff investigation uncovers ‘decades-long defamation campaign’

   MBW obtains letter from Morrissey's lawyers accusing alleged perpetrator of defamation and illegal conduct

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5. Mdundo launches strategic review that ‘could lead to change in ownership, merger, strategic investor or other consolidation’

   Africa-focused music streaming service has launched a strategic review as it grapples with what it calls ‘persistent billing challenges’

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6. Daniel Ek pockets another $27.6m from selling Spotify shares – cashing out over $750m since 2023

   The Spotify CEO has so far sold $751.6 million worth of Spotify shares since mid-2023

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7. ADOR reveals continued payments to NewJeans despite contract dispute

   The HYBE-owned agency said a total of $20 million had been invested in NewJeans’ debut

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8. Amazon makes last-minute bid for TikTok as US ban deadline looms (report)

   Amazon previously attempted to replicate TikTok with Inspire, its own short-form video shopping feature

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9. Court says discovery process can move forward in Drake’s defamation lawsuit against UMG over ‘Not Like Us’

   UMG's motion to dismiss is still pending

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10. Tony Blair’s institute just published an AI report calling for the UK to rip up copyright law. Here’s what it says…

    The report is titled Rebooting Copyright: How the UK Can Be a Global Leader in the Arts and AI

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