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Always wanted a Hello Kitty Stratocaster? Today’s your lucky day… musically.com/2024/11/12/alw… #musically #musicnews #readmore

Spotify has reported a record operating profit of €454m in the third quarter of 2024. The streaming service ended September with 252 million premium subscribers and 402 million users of its free, ad-supported service. Full story: musically.com/2024/11/12/spo…

German collecting society GEMA (@gema_news) sues OpenAI over song lyrics. "Our members‘ songs are not free raw material for generative AI systems providers‘ business models..." musically.com/2024/11/13/ger…

Spotify reveals €94m ‘bundle’ impact on US mechanical royalties. This is the additional amount it would have to pay if the MLC wins its lawsuit against Spotify over the reclassification of its premium tier as a bundle. Full story: musically.com/2024/11/13/spo…

Spotify (Spotify) CEO Daniel Ek discusses record profit, upcoming AI shifts, and hints at a new superfan tier. Ek also addresses challenges around monetising Spotify’s free tier, citing music’s unique regulatory landscape. musically.com/2024/11/13/spo… #musically #musicnews

YouTube (YouTube) is testing an AI feature allowing creators to “restyle” select tracks on Shorts, reimagining songs with new genres or moods while preserving original vocals and lyrics. AI-modified songs will credit the original musically.com/2024/11/13/you… #musically #musicnews

Music Ally Co-Labs’ latest explores AI’s role in combating audio piracy methods like pitch-shifting & mashups with MatchTune. AI vs. audio pirates—read more in the full article! musically.com/2024/10/08/ai-… #musically #musicnews #readmore

UK’s new government supports a voluntary ticket levy for stadium and arena concerts to boost grassroots music venues. Aimed for 2025, this levy will back smaller venues, artists, and promoters. musically.com/2024/11/14/uk-… #musically #musicnews #readmore

The EU’s first draft AI Code of Practice calls for copyright due diligence, transparency on training data, and respecting rights reservations. Discussions run until April 2025. musically.com/2024/11/15/eu-… #musically #musicnews #readmore

Don’t miss the inaugural Music Ally Marketing Awards, in association with Spotify for Artists, on 20 Nov at Ministry of Sound, London. Celebrate, connect, and honour the best in music marketing. musically.com/music-marketin… #MusicMarketingAwards #musically

Spotify posted a record quarterly profit, with CEO Daniel Ek predicting 2024 as its first full profitable year. Following the announcement, executives sold shares totalling $532m, sparking debate about optics amid soaring market valuation. musically.com/2024/11/18/spo… #musically

Explore our latest “Behind the Campaign” reports, featuring insights from campaigns by Benson Boone, Grupo Menos é Mais, Faye Webster, nimino, and Bring Me The Horizon. musically.com/tag/behind-the… #musically #musicnews #readmore

Alan Walker, Aurora, and Glass Animals among the winners at the inaugural Music Ally Marketing Awards! Highlights include campaigns for James Blunt, Bring Me The Horizon, and Saiko. Full list of winners and details on standout campaigns here. musically.com/2024/11/21/mus… #musically

Universal Music Greater China partners with Modern Sky for global distribution and iQiyi to support ‘The Rap of China 2024’ contestants globally. musically.com/2024/11/21/umg… #musically #musicnews #readmore

Warner Music Group (Warner Music Group) reported 6% annual revenue growth to $6.43bn. CEO Robert Kyncl highlighted India’s 100% revenue growth and rising streaming revenues as key drivers. musically.com/2024/11/22/wmg… #musically #musicnews #readmore

Billie Eilish is @AppleMusics 2024 Artist of the Year, becoming the first artist to win the title twice. Apple Music praised her for evolving “on her own terms, in her own way.” musically.com/2024/11/22/bil… #musically #musicnews #readmore

Gee Davy has been named permanent CEO of AIM, with chair Ruth Barlow commending her leadership during a challenging period. AIM also announced a partnership with Beatdapp as its streaming fraud detection partner. musically.com/2024/11/22/aim… #musically #musicnews #readmore

Will Page’s 2023 ‘Global Value of Music Copyright’ report pegs music’s global copyright value at $45.5bn—a 26% rise since 2021, outpacing global box-office revenues ($33.2bn). musically.com/2024/11/25/mus… #musically #musicnews #readmore

Music Ally Connect 2025 is coming to London this January! Join industry leaders to explore AI, live music, publishing, and more. Tickets on sale now. musically.com/connect/ #musically #musicallyConnect

TikTok has signed a global licensing deal with Tips Music, covering its 31k+ track catalogue (excluding China and India). Tips’ MD highlights growing global interest in Indian music as a key driver. musically.com/2024/11/25/ind… #musically #musicnews #readmore