From the NMPA’s criticism of Spotify’s bundling plans to Concord’s bid for Hipgnosis assets… it’s MBW’s Weekly Round-Up
Summary
According to the announcement from UK-headquartered Cutting Edge on April 15, the new funds will be used for a combination of “corporate purposes” and the acquisition of music rights across the film, TV, theatre, gaming, and wellness spaces. Founded in 2006, London-based Cutting Edge has been a prominent buyer of film and TV music rights over the past few years… 3) HYBE-OWNED SUPERTONE’S NEW AI ‘VOICE CHANGER’ LETS ARTISTS CHANGE THEIR VOCALS… IN REAL-TIME Supertone, as long-time MBW readers will know, is the AI voice replication software that Korean music giant HYBE fully acquired in a $32 million deal in 2022. At the end of February, the AI capabilities of Supertone were demonstrated via a voice clone of HYBE’s own CEO, Jiwon Park, ‘speaking’ on a company earnings call. Treating Premium (including Individual, Duo, and Family) as a bundle rather than a standalone subscription impacts how the company pays mechanical royalties to songwriters and publishers in the US. The move has raised the ire of the US-based National Music Publishers Association… 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 Business Worldwide