AGP Executive Report
Last update: 8 hours agoLive Music: Suno has hired former Ticketmaster executive Michael Chua to lead its live experiences division, including Songkick, following its acquisition of the concert-discovery platform. AI and Rights: The U.S. Copyright Office has opened an inquiry into streaming fraud as a man convicted of using fake accounts to generate $8 million in AI-music royalties was sentenced to 18 months in prison. Sony Music is also seeking removal of more than 260,000 AI deepfake tracks. Royalties: The MLC says it will start distributing unmatched and unclaimed royalties by market share in April 2027, after paying songwriters and publishers more than $4.2 billion to date. Industry Investment: Greater Manchester mayor Bev Craig pledged another £2 million for grassroots music and creative industries, while Kakao Entertainment and Atlantic Music Group struck a global K-pop partnership to develop artists early in their careers. Market Trends: UK recorded-music growth slowed in the third quarter, though vinyl sales continued to rise. Universal Music Group named Libby Bush president of global brands.
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.