Welcome to our Weekly Headline Roundup!
This week, we’re covering the latest IFPI report, the music industry’s response to Jimmy Kimmel’s cancellation, the latest FTC Ticketmaster lawsuit, and more!
An AI Artist Signed A Multimillion Dollar Record Deal. What Does That Mean?
Even with AI rights issues unsettled and lawsuits winding through the courts, labels are still making offers to AI acts like Xania Monet.
– Bill Donahue & Hannah Karp, Billboard
IFPI report hails 9.1% growth for recorded music in the EU
Global labels body the IFPI has published the second edition of its ‘Music in the EU’ report, offering stats from the European Union as well as reiterating its key lobbying points in the bloc.
– Stuart Dredge, Music Ally
Universal Music, Sony Music and Warner Music allege Suno ripped tracks from YouTube to train its model
Universal Music Group, Warner Music Group and Sony Music Entertainment have filed a new lawsuit against Suno, accusing the AI music company of using stream-ripping services to access music content from YouTube to train the AI music generator. The three majors have already engaged in litigation with Suno for allegedly using unlicensed music to train its model.
– Emmanuel Legrand, Creative Industries News
ElevenLabs Secures NVIDIA Investment Weeks After Launching AI Music Platform to Challenge SUNO
AI music-making platforms are in a race for supremacy – and now the world’s most valuable company is backing a key player in this space.
– Murray Stassen, Music Business Worldwide
US musicians’ union says ABC’s cancellation of ‘Jimmy Kimmel Live’ is “state censorship”
Under pressure from Trump and US media regulator the FCC, Disney-owned ABC has suspended ‘Jimmy Kimmel Live’ over comments made on the show about the murder of Charlie Kirk. The American Federation Of Musicians, who has members affected by the suspension, says the move constitutes “state censorship”
– Chris Cooke, Complete Music Update
Live Nation and Ticketmaster Sued by FTC Over Alleged ‘Illegal Ticket Resale Tactics’
In a complaint filed on Thursday (September 18) in the US District Court for the Central District of California, the FTC accused Ticketmaster of failing to uphold its own ticket purchase limits, in effect allowing scalpers to buy up large numbers of tickets and to resell them on the secondary market at markups.
– Daniel Tencer, Music Business Worldwide