Welcome to Music Business Worldwide every week. For the past seven days, I have found five largest stories to catch five largest stories. The round -up of the MBW is supported by CentTrip. This can help more than 500 artists in the world maximize income and reduce tour costs.
This week, rumors about the possibility of selling SONOS, an audio technology company, came back. Bloomberg News speculates that Amazon or Spotify is the most likely religion of the company if the board of directors decides to sell, following the falling software development.
According to the news of the copyright lawsuit, Mike Caren learns that APG is appealing to Create Music Group, and Create asserts the copyright of the APG song YouTube video, concludes “BOGUS CONTRACTS” with the artist who signed APG. did.
In addition, the AI Music generator SUNO was accused of training AI models with copyrighted works without permission after being sued by Majors last year. I understand that I am doing it.
Hybe’s Superfan Platform Weverse, on the other hand, has released a new report and has gained 150 million download marks while attracting top -level talents such as Dua Lipa and Megan The Stallion.
Finally, Netflix’s price hiking emphasized that the gap between the video streaming giant price and the Spotify pricing will increase. Netflix’s new price settings in the United States have more $ 72 per year than individual Premium Spotify accounts.
This is what happened this week …
Eric Glen /Shutter Stock
Will the Audio Technology Company SONOS acquisition bends be made immediately?
The development of the 2024 app and the CEO’s Patrick Spence last week and the company’s recent leadership shake -up from the company’s Patrick Spence and Maxim Boo Batmerlin, the company’s recent leadership shake -up is potential. We have strengthened speculation about the buyer.
With the company’s recent struggles, the market value has reached $ 1.7 billion from more than $ 5 billion at the time of Pandemic peak.
Bloomberg’s Mark German pointed out Spotify and Amazon as the most likely religious.
T. Schneider / Shutterstock2) Hit a new copyright lawsuit from GEMA in Germany of $ 500 million
AI Music Generator SUNO is one of the most controversial entities in today’s music business.
In June, a $ 500 million company was accused of acknowledging that it was submitted to the court in August because it is said that the system was trained with the AI company UDIO without permission to record major recording. He was sued by a $ 500 million company.
Currently, SUNO is being sued for copyright infringement by the license body gema of the Dotsu’s Collection Association.
GEMA represents the copyright of about 95,000 German members (composers, lyricists, and music publishers) and more than 2 million right -wings around the world.
Phanphen Kaewwannarat/Shutterstock3) APG creates a music group on suspicion of “large -scale intentional infringement”.
Mike Karen’s Indie Music Company APG claimed to be engaged in APG’s song and recording “brave thief” and appealed for Create Music Group.
Due to a complaint submitted to the US District Court for the California Central District on Tuesday (January 21), the publisher artist publishing group, the label artist partner group, and the distributor release Global LLC have created a music group. He claimed that he claimed the copyright of the video. APG owned or licensed.
The complaint also made a weak and ignored attempt by CREATE, “linking a specific artist who created these recording and composition to BOGUS and trying to justify copyright infringement of recording and configuration. ]. APG …
PresS/UMG/KATIA TEMKIN4) Weverse hits a 150m lifetime download and saw the growth of 19 % of users in 2024.
Hybe’s Superfan platform, Weverse, reached a global download milestone of 150 million in 2024.
This stated that the number of artist communities on the platform has increased by 30 % in 2024, according to Weverse’s 2024 Global Fandom Trend Report.
The report also states that the platform user base has grown consistently on all continents, and the average growth rate last year is 19 %.
16 Global Artist Teams, along with high -level international stars such as Arian Grande, Dualipa, and Conanglay, such as the growth of two -digit users in North America, Europe, and Asia, such as Arian Grande, Dualipa, Meganto, Connanglay, etc. Participated in Weverse …
VENTI VIEWS/UNSPLASH5) Netflix standard subscriptions cost more $ 72 than US Spotify Premium.
Netflix has raised the subscription price in the United States almost a year and a half, further expanding the price gap between the video streaming giant and the music streaming leader Spotify.
Netflix has increased the cost of advertising without advertising under the latest US prices. As a result, two simultaneous HD streams are $ 2.50 per month, from $ 15.49 to $ 17.99.
Premium Tia, on the other hand, is now $ 24.99, rising $ 2 to $ 2.99.
As a result, subscribing to the Netflix standard layer costs about $ 72 per year than subscribing to Spotify’s individual premium ($ 11.99 per month) …
MBW’s weekly round -up is supported by CentTrip. This can help more than 500 artists in the world maximize income and reduce tour costs.
