Daniel Tencer

1 week ago | musicbusinessworldwide.com | Daniel Tencer

Legendary guitarist Jimmy Page of Led Zeppelin fame has been sued in a US court by a songwriter who alleges Page violated the copyright on the 1960s hit Dazed and Confused.

1 week ago | musicbusinessworldwide.com | Daniel Tencer

Anti-poverty advocacy group Global Citizen has launched a new project to help raise communities out of poverty through the development of their music industries. The Music Economy Development Initiative (MEDI) was unveiled this week at the Global Citizen NOW summit in New York. The project will be led by Global Citizen and the non-profit Center for Music Ecosystems (CME), with backing from Universal Music Group and the International Finance Corporation (IFC).

1 week ago | musicbusinessworldwide.com | Daniel Tencer

Concert giant and Ticketmaster owner Live Nation says 2025 is shaping up to be a boom year in stadium shows, but the company’s revenue took an unexpectedly large tumble amid foreign exchange headwinds, a drop in non-concert activity and ongoing efforts to optimize pricing. Deferred revenue – from events to take place later this year – was up 24% YoY to $5.4 billion in Live Nation’s Concerts segment, while at Ticketmaster, it was up 13% YoY to $270 million.

1 week ago | musicbusinessworldwide.com | Daniel Tencer

Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce their touring costs. Earnings season is upon us, and this week Universal Music Group reported 9.5% YoY revenue growth for Q1, with subscription streaming revenues up 9.3% YoY.

1 week ago | musicbusinessworldwide.com | Daniel Tencer

Reports this week that the UK government may be backing away from a proposal to loosen copyright rules for AI companies may be welcome news for creators and copyright owners, but the trade body for the UK’s recorded music industry is cautioning against premature celebrations. The proposed amendments to the UK’s new data law “should not be taken as a gain for the creative industries,” said Sophie Jones, Chief Strategy Officer at the British Phonographic Industry (BPI).