SUBSCRIBE FOR FULL CONTENT ACCESS: VIEW OFFERS
Connect with us

Digital Economy

Spotify seals new licensing deal with Universal Music Group to enable a tool allowing users to create AI-driven licensed covers and remixes

Published

3 weeks ago

on

Spotify has negotiated new recorded music and music publishing licensing agreements with and Universal Music Group (UMG), which will enable the streaming service to launch a new AI-powered tool allowing users to create covers and remixes of their songs from participating artists and songwriters. The companies said in a statement that the new tool will "open up additional revenue streams and new ways to drive discovery." Royalties generated by the new scheme will add up to what artists and songwr...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Related Topics:

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).

Continue Reading

Digital Economy

Netflix taps Jay Hoag as Chair of ‌the Board

Published

7 days ago

on

June 6, 2026

By

Netflix has appointed Jay Hoag to replace Reed Hastings as Chairman of ‌the Board of the video streaming platform, according to an SEC filing. Hastings announced earlier this year that he would be stepping down before the summer from the Board of the company he co-founded nearly three decades ago and grew from a DVD mail order service to the world's largest video streaming platform. In the future he will be focusing on ​focus on philanthropy and other ​projects. Hoag is the co-founder of growt...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Digital Economy

Suno valued at $5.4 billion following a $400 million Series D funding round

Published

1 week ago

on

June 5, 2026

By

Music AI company Suno has raised over $400 million in Series D funding, which values the company at $5.4bn, in a round led by Bond Capital, alongside IVP, Forerunner, Union Square Ventures, Alkeon and Quiet, with participation from existing investors Matrix, Lightspeed, Menlo Ventures, and Schroders Capital. The last funding round in November 2025 valued the company at $2.45bn. "As with our previous funding rounds, we’re thrilled to have participation from some of the best artists, producers, so...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Creative Industries

Calendar — Week 23, 2026

Published

2 weeks ago

on

June 2, 2026

By

JUNE 2026 – June 3-7: Primavera Pro ’26 in Barcelona. – June 4: General Assembly of the International Confederation of Societies of Authors and Composers (CISAC) in Paris, as the global organisation celebrates its Centenary. – June 8-11: A2IM Indie Week at the InterContinental Times Square in New York. – June 8-13: The 23rd Tokyo International Music Market (TIMM 2026) in the Shibuya area. – June 18: MusicAlly NEXT at Steel Yard in ...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Trending