Music Business Worldwide
News, jobs and analysis for the global music industry
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Latest posts
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UMG’s share price closes up 7.9% – adding around $2.5B in value – after Q3 subscription growth beats forecasts
At its peak today, the rally added around USD $4.8 billion (EUR €4.3bn) to UMG's market capitalization. Source
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From Universal Music’s $3.90bn quarter to Spotify’s AI remix gamble… it’s MBW’s Weekly Round-Up
The biggest headlines from the past few days... Source
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Copyright Alliance – whose members include the RIAA, NMPA, and UMG – calls Meta’s proposed business terms ‘unconscionable.’ Now Meta says the rollout could be delayed again.
The updates are currently scheduled to apply to commercial accounts across Facebook, Instagram, Messenger, Threads, and WhatsApp from November 20. Source
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Suno fights to make Apple testify on whether Apple Music could survive without UMG and Sony, claiming the majors use their catalogs ‘as a cudgel’ to win anti-AI concessions
Suno also wants an Apple witness to testify about Apple’s current licensing talks with both majors and streaming fraud on Apple Music. Source
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Garth Brooks cancels Kansas City show, saying bots made up most of a 90,000-plus ticket queue
The Kansas City matinee will not go ahead, and fans who bought tickets will be refunded automatically to their original method of payment. Source
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Goldman Sachs just told the music industry to sell to fans first
The following MBW op/ed comes from Mag Rodriguez, Founder/CEO, of superfan-focused platform EVEN. Source
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Suno’s new MCP tool lets users make songs inside ChatGPT, Claude, and Gemini – as its developer API gets a sign-in portal but remains in beta
Suno has unveiled a tool that lets users create songs from inside AI assistants including ChatGPT, Claude, and Gemini. The tool, Suno MCP, is in beta and was announced in Suno’s release notes on Wednesday (October 28). Separately, MBW has spotted a sign-in portal for Suno’s…
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Spotify plans Q1 2027 launch for AI covers and remixes tool, weighing $4–$5 monthly price (report)
Spotify plans to launch its AI-powered covers and remixes tool in the first quarter of 2027. That’s according to the Financial Times, which reported the timeline on Friday (October 30), citing people familiar with the plans. The company is weighing a price of USD $4 to $5 per…
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Universal Music Group generated $3.90B in Q3, up 11.7% YoY – driven by Mrs. Green Apple, Olivia Rodrigo, Stray Kids, Ariana Grande, and The Beatles
Adjusted EBITDA came in at €729 million ($838.7m), a margin of 21.5%, down from 22.0% in Q3 2025 but up on the 20.5% margin it posted in the prior quarter (Q2 2026) Source
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Hayley Silvertown named Chief Legal and Business Affairs Officer at Create Music Group
In the role, Silvertown will oversee Create's legal and business affairs functions and partner with the executive team on strategic transactions, investments, and partnerships. Source