AGP Executive Report
Last update: 10 hours agoStreaming: YouTube Music and Premium have topped 150 million subscribers worldwide, while viewing on TV screens now accounts for a third of YouTube ad revenue. Music Rights: PRS for Music’s new Soundtrack partnership will track music played across 7,000 UK shops, bars and public spaces to improve royalty payments. Anthropic also faces lawsuits alleging its AI models were trained on copyrighted songs, including claims from Elvis Presley’s rights holders. Industry Deals: Create Music Group has taken a minority stake in DistroKid; Too Lost is acquiring Xelon Entertainment as it expands in Asia-Pacific. Warner Music Latina has also promoted Roberto Andrade Dirak to lead the label and regional A&R. Live Music: UK music groups welcomed Budget tax relief for venues but say it falls short of what the sector needs. Boston Calling is also unlikely to return, amid a wave of festival cancellations. Industry Calendar: The Latin Alternative Music Conference will return to New York July 6–10, 2027, bringing independent and major players together for panels, showcases and networking.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.