AGP Executive Report
Last update: 8 hours agoExecutive Moves: Rebecca Allen is leaving Universal Music after 27 years, while BMG signed Nina Nesbitt to an exclusive songwriter deal and Sony is advancing a Greek-label merger valued at €4.3 million. Copyright & Royalties: PRS for Music won a cinema-licensing tribunal ruling; Warner Music separately sued Ray-Ban and Oakley owner Luxottica, alleging social media posts used more than 427 works without permission. A U.S. musician was jailed for 18 months after using AI-generated songs and 10,000 bots to fraudulently collect $8 million in royalties. Live Music Business: Promoters are shifting toward secondary cities as costs rise in major capitals, while a London independent venue faces uncertainty and a British music retailer has entered administration again after closing 125 stores. New Ventures: Gunna launched SB THE LABEL with Warner’s Atlantic Music Group, and Nigeria unveiled a platform to attract investment to creative industries as it targets three million jobs by 2030.
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