Member Updates
Music Biz broadcasts the latest announcements from around our community on our social feeds as our member companies continue to push the industry forward. If you are launching a new product, have been featured in an industry trade publication, or have a major announcement coming soon, we’d love to help spread the word — share it with Henryk Bik, Music Biz’s Communications & Content Manager, at henryk.bik@musicbiz.org.
NEW FOR 2024 Music Biz’s member news will be shared exclusively on our social channels, as the Member Updates section of our website is set to go offline later this year.
December 6, 2023 – Music Biz Member BMI Receives Major Growth Investment From New Mountain Capital
Music rights management company, BMI has announced the company will be acquired by investment firm New Mountain Capital, LLC. Per the acquisition, New Mountain will fund growth investments, new ventures and technology to improve BMI’s mission to maximize distributions and the service it provides songwriters, composers and distributors. As part of the agreement, BMI will allocate $100 million of its affiliates’ proceeds to the songwriters, composers and publishers they represented. Mike O’Neill, President & CEO of BMI,... Read More
December 5, 2023 – NEW MEMBER ROUNDUP: Fall 2023
The Music Biz member community is home to more than 400 global companies, all working to collaborate to support the financial growth of our industry at large and create a more equitable, inclusive place to work! See below for the latest companies to join our Association in the Fall of 2023: Collegiate Entertainers Group, Inc.Location: Atlanta, GAYears In Business: 7Website: https://www.nceg.org/ The National Collegiate Entertainers Group is a 501c3 nonprofit organization committed to supporting the next generation of music industry professionals through the creation,... Read More
December 5, 2023 – Music Biz Member Vydia Expands Distribution & E-Commerce With New Partnerships
Distribution & services company, Vydia has partnered with independent distributor, AMPED and [Integral] to expand the company’s physical distribution and e-commerce services. Per the deal, AMPED will support Vydia’s operations across North America and enhance its physical releases by providing the company access to its distribution network. Additionally, [Integral] will support Vydia’s international strategy by contributing distribution, sales and complimentary services to the company’s global endeavors. Vydia is also set to launch an end-to-end e-commerce service within its platform to help its clients establish and manage their direct-to-consumer stores and merchandise.... Read More
December 4, 2023 – Music Biz Member Spotify Partners With Google To Enhance AI Capabilities
Music streaming service, Spotify has partnered with Google to expand its AI content recommendation capabilities. Per the partnership, Spotify will utilize Google’s AI offerings to improve the platform’s content discovery, personalized recommendations and ability to analyze listening habits across spoken word content. The agreement will also extend to implementing the use of large language models “to provide a safer listening experience and identify potentially harmful content.” “The collaboration and co-innovation between Spotify and Google Cloud pushes the boundaries of what both platforms can do,” said Tyson Singer,... Read More
December 1, 2023 – Music Biz Member SoundCloud Debuts Next Pro Chart, Relaunches New & Hot Charts
Music streaming platform, SoundCloud has relaunched itsNew & Hot Charts, along with debuting a brand-new Next Pro Chart to spotlight emerging talent. The platform’s New & Hot Chart has been updated to promote SoundCloud’s fastest growing artists & music gaining traction. The Next Pro chart will highlight unsigned and independent artists. “For artists, both aspiring and established, charts are more than just numbers; they symbolise validation, credibility, and a gateway to opportunities like record label signings,... Read More
November 30, 2023 – Music Biz Member YouTube Launches Dream Track AI Voice Replication Feature
Video streaming platform, YouTube has launched Dream Track, a generativeAI voice replication feature available for use in clips on YouTube Shorts. The new feature, out now in an experimental beta capacity, allows users to create 30-second pieces of music accompanied by AI-generated voices of well-known artists including Charlie Puth, John Legend, Sia, T-Pain, Demi Lovato, Troye Sivian, Charli XCX, Alec Benjamin and Papoose. “At this initial phase, the experiment is designed to help explore how the technology could be used to create deeper connections between artists and creators,... Read More
November 29, 2023 – Music Biz Member BandLab Partners With FUGA To Launch BandLab Distribution
Music tech company, BandLab has launched music distribution service, BandLab Distribution to expand its suite of music creation and promotion tools. The new service is powered by Downtown-owned FUGA, and enables distribution to Spotify, Apple Music, Amazon Music, TikTok and more. BandLab Distribution is now available on the web exclusively via a BandLab monthly membership, with Android and iOS device support planned for the future “The success of BandLab users powering the charts continues to amaze us,... Read More
November 28, 2023 – Music Biz Member beatBread Launches Songwriter Advances Up To $3M, Appoints Spencer Leboff As GM
Music funding platform, beatBread has launched a new Songwriting Advance Division, allowing the company to offer songwriters advances of up to $3 million against the publishing rights on their catalog or catalog plus unreleased songs. Per the initiative, songwriters will be able to customize their advances, which are prepaid through the streaming and airplay revenues that an artist, distributor or songwriter earns. The new division will be led by Spencer Leboff, who was just brought on as the company’s General Manager. ... Read More
November 28, 2023 – Music Biz Member TikTok Releases Track Saving Feature
Short-form video streaming platform, TikTok has launched a new feature enabling users to save music they find on the platform to their Spotify, Amazon Music or Apple Music accounts. The feature is available now in the United States and the United Kingdom. “TikTok is already the world’s most powerful platform for music discovery and promotion, which helps artists connect with our global community to drive engagement with their music,” said Ole Obermann, TikTok’s Global Head of Music Business Development.... Read More
November 27, 2023 – Music Biz Member Apple Music For Artists Updates Platform To Showcase Real-Time Listening Information
Apple Music for Artists has unveiled a new real-time listening feature, designed to showcase live data on how an artist’s music is performing on Apple Music. By using the feature’s “Listening Now” widget, artists can access a detailed overview of trends from the past 48 hours, in addition to their maximum listeners, average listeners and top performing songs. The new feature also includes key metrics on total plays, average daily listeners, song purchases, Shazams and location of fans streaming an artist’s music.... Read More
