Another lawsuit has been filed against Donald Trump, this time by Isaac Hayes’s estate. On August 10, 2008, Hayes Isaac passed away at the age of 65. After Sidney Poitier and Hattie McDaniel, he became the third Black person to win an Academy Award in any competitive area when he won for best original song…
Hollywood is seeing an increasing number of live-action remakes of animated movies and TV series. However, Disney is the studio that has done this most frequently. With a few more sequels, there have been about seventeen live-action retelling or remakes of its beloved animation series. Even though some of these films have received negative reviews…
Mountain View, CA — The tech industry mourns the loss of a trailblazing leader as former YouTube CEO Susan Wojcicki passed away after a courageous two-year battle with cancer. The news was confirmed by Google CEO Sundar Pichai, who expressed deep sadness at the passing of his dear friend and colleague. Wojcicki’s Legacy: Pichai’s Tribute:…
In a recent earnings call, Warner Music Group (WMG) revealed a significant financial challenge. Bryan Castellani, WMG’s EVP/CFO, disclosed that the company will experience a negative impact of approximately $10 million per quarter going forward due to Meta’s decision to no longer license premium music videos for its platforms. This translates to a $40 million…
Warner Music Group (WMG) has released its financial results for the quarter ending June 30, 2024, marking its fiscal Q3. The company’s global revenue for the period reached $1.554 billion, encompassing earnings from recorded music, music publishing, and other activities. In its SEC filing on August 7, WMG disclosed that its recorded music digital revenue…
As reported by Music Business Worldwide earlier today (August 7), Sony’s global music rights operation experienced double-digit growth in calendar Q2 (fiscal Q1), with revenues rising 11.4% year-over-year (YoY). However, a closer look reveals a slower growth rate in Sony’s recorded music streaming revenue, which increased by just 5.0% YoY when adjusted for US dollars….
Vienna, Austria – In a shocking turn of events, three Taylor Swift concerts scheduled to take place at Ernst Happel Stadium in Vienna have been canceled. The decision comes after Austrian government officials confirmed a planned terrorist attack against the popular singer’s shows. Arrests and Suspects Earlier today, authorities arrested two men in connection with…
In a significant shakeup within the music industry, Elliot Grainge, founder and CEO of 10K Projects, has been appointed as the new CEO of Atlantic Music Group. This transition, revealed earlier today by Warner Music Group, marks a major shift in the company’s executive landscape. Max Lousada, CEO of Recorded Music, will step down at…
Hip Hop and Its Intersection with Politics Hip hop, a genre that originated in the 1970s in the Bronx, has always been more than just music. It’s a form of expression, a voice for the marginalized, and a powerful social and political tool. Over the years, hip hop has evolved, and so has its influence…
Major record companies worldwide are suing music generation services Suno and Udio, claiming that the businesses are utilizing top artists’ copyrights to train their generative AI engines without their consent. In a recent announcement, the Recording Industry Association of America revealed that Udio and Suno, AI music generators, are the target of lawsuits filed by…