Hipgnosis Songs Fund Catalog Valued at $2.36B; UMG Strikes Deal With 'Ethical AI Music Company' Klay Vision
2036 | Your Daily Dose of Music Streaming News

Ditto follows UnitedMasters in signing direct TikTok deal
Another of indie licensing agency Merlin’s members has signed a direct deal with TikTok, following UnitedMasters’ announcement last week.
Official Charts Company agrees strategic partnership with leading jukebox company NSM Music
The strategic partnership will see the UK’s industry-recognised Official Singles Chart displayed on thousands of jukeboxes nationwide, with the roll-out starting this month.
Jacob Collier teams up with Google to launch AI-powered music creation tool MusicFX DJ
Earlier this year, Google Labs launched MusicFX DJ, an AI-powered music generator that produces evolving and layered musical compositions based on text prompts.
Universal Music Strikes Strategic Deal With “Ethical AI Music Company” Klay Vision
The music major is focused on "ethical solutions for artists and the wider music ecosystem, advancing generative AI technology in ways that are respectful of copyright" and enabling human creativity.
The Hipgnosis Songs Fund catalog has just been valued at $2.36bn
Blackstone raises nearly $1.5 billion in debt financing via new ABS, based on substantial valuation for Hipgnosis Songs Fund assets
Google's AI Music Generation Tools Just Got a Lot Better
Google DeepMind has revamped its AI music creation tools - MusicFX DJ, Music AI Sandbox and YouTube's Dream Track experiment - with new designs and features that make it easier than ever for users to generate professional-quality tracks.
Hopeless Records is launching a Music Academy for young people
California-based independent label Hopeless Records has announced the latest initiative from its nonprofit activities.
AmplifyWorld Partners with The Pack: The All-in-one Tour Management Software
It’s easy to get lost in the logistics when touring – especially if you’re an independent band or artist handling everything yourself without a tour manager or travel agent to ensure everything stays on track.
Music Publishing and AI: ‘It’s not two different sides. It’s partners...’
Much of the debate around music and AI has been driven by the recordings side of the music industry: labels and their representative bodies. But it’s just as important an issue for music publishers and collecting societies.
U2’s Latest Single Is Quickly Becoming A Big Radio Hit
“Picture Of You (X+W)” debuts on a new Billboard tally this frame. The single opens at No. 38 on the Alternative Airplay chart, bringing the Irish rockers back to the top 40 region.
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