AGP Executive Report
Last update: 7 hours agoIndustry Deals: Create Music Group has taken a minority stake in DistroKid, adding to a wave of investment and consolidation across independent music. Warner Music Group promoted Roberto Andrade Dirak to lead Warner Music Latina and A&R in Latin America. Streaming & Royalties: YouTube says Premium and Music subscriptions have passed 150 million. In the UK, PRS for Music’s new Soundtrack deal will track music played in 7,000 businesses to improve royalty payments. AI & Copyright: Anthropic and Suno face a lawsuit alleging they used artists’ music to train AI systems, as the industry’s fight over consent and compensation grows. Live Music: Australia’s Hypersonic festival has cancelled its Sydney and Melbourne events weeks before they were due to take place; a separate report says Boston Calling may not return. Global Spotlight: Jay-Z is confirmed as Apple Music’s Super Bowl LXI halftime headliner, while Wizkid has become the first African artist to surpass 12 billion Spotify streams.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.