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Apollo Delivers $700 Million ‘Capital Solution’ To Sony Music Group

Digital Music News reports: "Two weeks ago several sources spoke to Variety about a potential Queen music catalog acquisition by Sony Music in a...

Apple Signs Voluntary AI Safety Pact; Joins OpenAI, Amazon, Google, Meta,...

Business Today reports: "Apple has joined a growing list of tech companies committing to President Joe Biden's voluntary guidelines for responsible artificial intelligence (AI)...

Audiomack Launches ‘Sponsored Songs’ For Artists As Alternative To Streaming Fraud

Music Business Worldwide reports: "Music streaming and discovery platform Audiomack is rolling out a new feature to allow artists to pay to promote their...

Comcast Says NBC Has 11-Year Deal In Place With NBA

Variety reports: "NBCUniversal expects to complete an 11-year rights deal that will bring the NBA to NBC and Peacock and that will transform the...

Shamrock Buys Rights Portfolio From Vine Alternative Investments – Including 150+...

Music Business Worldwide reports: "Long-time MBW readers will remember Vine as the company that acquired a catalog of more than 150 songs from Grammy...

AI Music Startup Soundraw Launches API For Its B2B Partners

Music Ally reports: "Soundraw is one of the AI-music startups that has been building momentum this year, aided by a $3m funding round in...

CBS Sports Nabs U.S. TV Rights To English Football League Games

The Hollywood Reporter reports: "After Ryan Reynolds and Rob McElhenney got a fifth-tier soccer team in Wales promoted to the English Football League, CBS...

Done Deal: Blackstone Is The New Owner Of Hipgnosis Songs Fund,...

Music Business Worldwide reports: "It’s official: Blackstone is about to become the new owner of Hipgnosis Songs Fund. Blackstone’s USD $1.584 billion bid for...

YouTube In Talks With Record Labels To Legally Access Songs For...

Financial Express reports: "YouTube seems to be in talks with record labels to license their songs for artificial intelligence tools that clone popular artists’...

Audius Signs Licensing Deals With ASCAP, BMI, GMR And SESAC

Hypebot reports: "The artist-centric streaming platform Audius has signed licensing agreements with all four U.S. Performing Rights Organizations (PROs): ASCAP, BMI, GMR, and SESAC....