China's streaming platform ByteDance has suspended the launch of its AI-powered video-generation tool Seedance 2.0, following strong resistance from rights holders, according to a report from The Information, citing two people with direct knowledge of the situation. ByteDance dropped the tool less than a month ago and it generated thousands of videos using existing characters from movies and animated films, prompting instant reactions from Hollywood studios and streaming platforms arguing that B...

Spotify earned for another year the status of "highest-paying retailer globally" with over $11 billion distributed to rights owners in 2025, up by more than 10% year-over-year, according to the streaming services' latest Loud&Clear posting. Spotify accounts for about 30% of global recorded music revenue, up from less than 15% in 2017.

(Source: Spotify)

Since its launch in 2006, the Swedish platform has paid out nearly $70bn to rights holders. Spotify claims that these payouts "aren’t conc...

Swedish composer Alfons Karabuda has joined the board of MusicDataLabs Sweden, the company behind Servo.music, the synch licensing platform created by Max Flach and Greger Hagelin. Karabuda is the Honorary President of the European Composer and Songwriter Alliance (ECSA), Chair of the Polar Music Prize Award Committee, and former President of the International Music Council and music rights society Skap. “As much as I enjoy speaking my mind, words alone have only ever interested me when they lea...