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Tuesday, April 16, 2024

From Deezer’s AI music strategy, to who HYBE might try to buy in Latin Music… it’s MBW’s Weekly Round-Up

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Welcome to Music Enterprise Worldwide’s weekly round-up – the place we make sure that you caught the 5 greatest tales to hit our headlines over the previous seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their earnings and cut back their touring prices.


This week, France-born music streaming service Deezer set out a technique to deal with fraudulent streaming exercise and the rise of AI music on its platform.

Deezer says that it’s constructing a set of instruments to detect AI-generated content material, and goals to develop a system for tagging music created by generative AI, beginning with songs utilizing artificial voices of present artists.

Elsewhere, after Bloomberg broke the information final week that HYBE was elevating round USD $380 million “to fund acquisitions within the US and develop its enterprise past Ok-pop”, business sources subsequently advised to MBW that the ultimate quantity in HYBE’s elevate may very well be even greater.

Many suspect that HYBE will significantly goal M&A alternatives in Latin Music with the cash, as that class continues to blow up. This week, MBW picked out ten on-the-rise Latin Music corporations that will or might not be on HYBE’s thoughts..

Additionally this week, Firebird – co-founded by ex-KKR Associate Nat Zilkha and ex-Ticketmaster CEO Nathan Hubbard, with Raine Group as its lead investor – revealed the names of quite a lot of music and music-adjacent corporations during which it has acquired stakes.

Plus, Anthem Leisure expanded its long-standing partnership with Timbaland, whereas DistroKid faces a possible class-action lawsuit over the way it handles takedown requests.

Right here’s what occurred this week…


Credit score: UPI/Alamy

1) HYBE IS RAISING A STACK OF CAPITAL TO BUY LATIN MUSIC COMPANIES. WHO MIGHT IT TARGET?

Final week, Bloomberg broke the information that HYBE was elevating round USD $380 million “to fund acquisitions within the US and develop its enterprise past Ok-pop”.

Business sources have subsequently advised to MBW that the ultimate quantity in HYBE’s elevate may very well be even greater.

“I’m informed they have already got USD $1 billion dedicated to this elevate,” mentioned one well-placed supply with data of HYBE’s course of. “It might keep there, or transfer up even increased.”

What’s HYBE going to spend – or at the very least attempt to spend – this cash on buying?


Credit score: Everett Assortment/Alamy

2) FIREBIRD CONFIRMS INVESTMENTS IN MICK MANAGEMENT, LEX BORRERO’S NTERTAIN, DEFECTED, MORE

Firebird Music Holdings has appeared a couple of instances in MBW headlines over the previous yr.

In September final yr, we completely revealed that the US firm had acquired a minority stake in Coran Capshaw’s Purple Gentle Administration.

Two months later, we found that Firebird had purchased a considerable stake in UK-headquartered Transgressive Information.

On Tuesday (June 6), Firebird – co-founded by ex-KKR Associate Nat Zilkha and ex-Ticketmaster CEO Nathan Hubbard, with Raine Group as its lead investor – has revealed the names of quite a lot of different music and music-adjacent corporations during which it has acquired stakes…”


Photograph credit score: Marcio Jose Sanchez

3) ANTHEM INVESTS IN TIMBALAND’S MUSIC MARKETPLACE BEATCLUB, ACQUIRES ADDITIONAL PUBLISHING INTERESTS IN HIS CATALOG

Canada-headquartered Anthem Leisure is increasing its long-standing partnership with music producer and songwriter Timbaland.

Firstly, as a part of the announcement, the corporate has made an funding in Timbaland and Gary Marella-founded beat market Beatclub.

Monetary phrases of the funding, a part of Beatclub’s sequence A-2 funding spherical, weren’t disclosed…


4) AS AI-MADE MUSIC EXPLODES, DEEZER LAYS OUT STRATEGY TO IDENTIFY AI TRACKS AND ‘WEED OUT ILLEGAL AND FRAUDULENT CONTENT’ ON ITS PLATFORM

Deezer says it’s constructing a set of instruments to detect AI-generated content material on its platform, and goals to develop a system for tagging music that has been created by generative AI, beginning with songs utilizing artificial voices of present artists.

The tags will probably be used to maintain artists, labels, and customers knowledgeable about what’s “actual” or AI–generated on the platform.

Deezer claims that its plan will cut back fraudulent exercise, and that it additionally plans to “develop a remuneration mannequin that distinguishes between various kinds of music creation…”


Distrokid logo

5) DISTROKID FACES POTENTIAL CLASS-ACTION LAWSUIT OVER HOW IT HANDLES TAKEDOWN REQUESTS

A US indie music label is searching for to launch a class-action lawsuit towards music distributor DistroKid.

The declare argues that DistroKid’s insurance policies make it unattainable for indie labels and artists to defend themselves towards allegations of copyright infringement that end result of their music being taken down from platforms.

In a grievance filed Wednesday (June 7) with the US District Court docket for the Southern District of New York, indie label Doeman Music Group Media argued DistroKid breached its fiduciary obligation to the label by failing to offer info that might assist the label defend towards a copyright infringement declare.

Together with DistroKid, it named indie hip-hop artist Raquella George (aka Rocky Snyda) as a defendant. The grievance seeks class-action standing for the lawsuit…


MBW’s Weekly Round-Up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximise their income and reduce their touring costs.Music Enterprise Worldwide

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