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Digital Economy

Spotify and BMG signs direct, multiyear US publishing licensing agreement

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Bertelsmann's music division BMG has entered into a direct, multiyear publishing licensing deal with streaming service Spotify covering the United States. The agreement is designed "to deliver greater value to songwriters and their teams."
The two companies said the agreement reflects BMG and Spotify’s "shared interest in building a direct relationship that ensures songwriters share more directly in the value created by their work." They described the deal as "a practical step toward a more flex...

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Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

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Digital Economy

Spotify’s head of music and audiobooks David Kaefer is leaving the streaming service

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October 3, 2025

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David Kaefer, who served as VP, Music & Audiobook Business, at Spotify, announced in a LinkedIn post that he was leaving the streaming service after over seven years.
Kaefer joined Spotify from Microsoft in 2018 as VP, Global Leader-Business Affairs VP, in charge of content licensing spanning music, podcasts and audiobooks. Charlie Hellman, currently VP, Global Head of Music Vertical since 2021, will take over from Kaefer as SVP and Global Head of Music.
"After seven years, I’m moving on f...

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Digital Economy

AudioShake secures $14m in Series A funding in a round led by Shine Capital

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6 days ago

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October 2, 2025

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AI startup AudioShake has raised $14 million in Series A funding round, led by Shine Capital, with participation from Thomson Reuters Ventures, Origin Ventures, Background Capital, and existing investors Indicator Ventures and Precursor Ventures.
The San Francisco-based company was launched in 2021 by Jessica Powell, former Google VP, and Luke Miner, former head of data science at Plaid. AudioShake uses AI to separate any audio recording into its individual components. AudioShake reported that ...

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Digital Economy

Universal Music Group and Warner Music Group ready to close licensing deals with leading AI companies — Report

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7 days ago

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October 2, 2025

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Universal Music Group (UMG) and Warner Music Group (WMG) are reportedly in the final stages of negotiating artificial intelligence licensing deals with some of the main players in the field, according to a report from the Financial Times, citing people familiar with the matter.
The report said the talks have focused on how the labels license their songs for creating AI-generated tracks and for training large language models. The agreements could be announced "within weeks," according to the FT,...

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