Business

Top European music lawyer dismisses UMG/Downtown data concerns as ‘fantasy or paranoia’

One of France’s top music industry lawyers has dismissed concerns over Universal Music Group‘s access to independent label data through UMG’s proposed $775...

The rise of the bro co-CEO

Yesterday, Spotify founder and CEO Daniel Ek announced that he’ll be stepping down in the new year. Two of his top executives, Gustav...

McKinsey creates more Fortune 500 CEOs than anyone else

Good morning. McKinsey is best known as a consulting powerhouse, but its quieter distinction is as a leadership factory—a point I explore in...

Nvidia’s CEO Jensen Huang says electricians and plumbers will be needed by the hundreds of thousands in the new working world

Gen Z keeps being told their chances of landing a job are slim as AI threatens entry-level jobs. But in reality, Nvidia’s CEO...

After ‘stream ripping’ allegations added to Suno lawsuit, labels seek to beef up Udio complaint with claims of ‘illegal scraping’ from YouTube

Major record labels are seeking to expand their copyright lawsuit against AI music generator Udio by adding allegations that the company ‘illegally scraped’...

Suno just launched its own DAW, after introducing its ‘most powerful’ AI music model yet

Suno is forging on with significant product updates amid an ongoing copyright infringement battle with major record companies.Today (September 25), the AI music...

From the MLC’s ‘bundling’ lawsuit revival to Spotify deleting 75m+ ‘spammy’ tracks… it’s MBW’s weekly round-up

Welcome to Music Business Worldwide’s Weekly Round-up – where we make sure you caught the five biggest stories to hit our headlines...

Wall Street snaps 3-day losing street on moderate inflation report

The S&P 500 rose 0.6% and broke its three-day losing streak. The Dow Jones Industrial Average gained 299 points, or 0.7%, and the...

S&P 500 has longest losing streak for over a month as Wall Street stumbles to third straight loss

Wall Street stumbled to a third straight loss on Thursday as U.S. stocks gave back more of their big gains for the year so far. The S&P 500...
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