01
MU
World
UMG’s share price closes up 7.9% – adding around $2.5B in value – after Q3 subscription growth beats forecasts
At its peak today, the rally added around USD $4.8 billion (EUR €4.3bn) to UMG's market capitalization. Source
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Music Business Worldwide
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View allUMG’s share price closes up 7.9% – adding around $2.5B in value – after Q3 subscription growth beats forecastsMusic Business Worldwide · 2026-10-30 17:06 UTCFrom Universal Music’s $3.90bn quarter to Spotify’s AI remix gamble… it’s MBW’s Weekly Round-UpMusic Business Worldwide · 2026-10-30 16:50 UTCCopyright Alliance – whose members include the RIAA, NMPA, and UMG – calls Meta’s proposed business terms ‘unconscionable.’ Now Meta says the rollout could be delayed again.Music Business Worldwide · 2026-10-30 08:48 UTCSuno fights to make Apple testify on whether Apple Music could survive without UMG and Sony, claiming the majors use their catalogs ‘as a cudgel’ to win anti-AI concessionsMusic Business Worldwide · 2026-10-30 08:47 UTCGarth Brooks cancels Kansas City show, saying bots made up most of a 90,000-plus ticket queueMusic Business Worldwide · 2026-10-30 08:47 UTCGoldman Sachs just told the music industry to sell to fans firstMusic Business Worldwide · 2026-10-30 08:47 UTC
Business
View allCopyright Alliance – whose members include the RIAA, NMPA, and UMG – calls Meta’s proposed business terms ‘unconscionable.’ Now Meta says the rollout could be delayed again.Music Business Worldwide · 2026-10-30 08:48 UTCHayley Silvertown named Chief Legal and Business Affairs Officer at Create Music GroupMusic Business Worldwide · 2026-10-29 14:00 UTC
Tech
View allFrom Universal Music’s $3.90bn quarter to Spotify’s AI remix gamble… it’s MBW’s Weekly Round-UpMusic Business Worldwide · 2026-10-30 16:50 UTCSuno fights to make Apple testify on whether Apple Music could survive without UMG and Sony, claiming the majors use their catalogs ‘as a cudgel’ to win anti-AI concessionsMusic Business Worldwide · 2026-10-30 08:47 UTCSpotify plans Q1 2027 launch for AI covers and remixes tool, weighing $4–$5 monthly price (report)Music Business Worldwide · 2026-10-30 08:41 UTCAfter ‘AI bots’ swamp Raye’s London show sign-up, Sam Fender delays UK homecoming presale over ‘sophisticated bot attack’Music Business Worldwide · 2026-10-28 20:12 UTCEvent tech startup Easol secures $30M in new funding, launches AI agents for festival promotersMusic Business Worldwide · 2026-10-28 11:59 UTC
02
MU
AI
From Universal Music’s $3.90bn quarter to Spotify’s AI remix gamble… it’s MBW’s Weekly Round-Up
The biggest headlines from the past few days... Source
03
MU
Business
Copyright Alliance – whose members include the RIAA, NMPA, and UMG – calls Meta’s proposed business terms ‘unconscionable.’ Now Meta says the rollout could be delayed again.
The updates are currently scheduled to apply to commercial accounts across Facebook, Instagram, Messenger, Threads, and WhatsApp from November 20. Source
04
MU
AI
Suno fights to make Apple testify on whether Apple Music could survive without UMG and Sony, claiming the majors use their catalogs ‘as a cudgel’ to win anti-AI concessions
Suno also wants an Apple witness to testify about Apple’s current licensing talks with both majors and streaming fraud on Apple Music. Source
05
MU
World
Garth Brooks cancels Kansas City show, saying bots made up most of a 90,000-plus ticket queue
The Kansas City matinee will not go ahead, and fans who bought tickets will be refunded automatically to their original method of payment. Source
06
MU
World
Goldman Sachs just told the music industry to sell to fans first
The following MBW op/ed comes from Mag Rodriguez, Founder/CEO, of superfan-focused platform EVEN. Source
07
MU
World
Suno’s new MCP tool lets users make songs inside ChatGPT, Claude, and Gemini – as its developer API gets a sign-in portal but remains in beta
Suno has unveiled a tool that lets users create songs from inside AI assistants including ChatGPT, Claude, and Gemini. The tool, Suno MCP, is in beta and was announced in Suno’s release notes on Wednesday (October 28). Separately, MBW has spotted a sign-in portal for Suno’s developer API, which the company said remains in beta. … Continued Source
08
MU
AI
Spotify plans Q1 2027 launch for AI covers and remixes tool, weighing $4–$5 monthly price (report)
Spotify plans to launch its AI-powered covers and remixes tool in the first quarter of 2027. That’s according to the Financial Times, which reported the timeline on Friday (October 30), citing people familiar with the plans. The company is weighing a price of USD $4 to $5 per month for the tool, on top of … Continued Source
09
MU
World
Universal Music Group generated $3.90B in Q3, up 11.7% YoY – driven by Mrs. Green Apple, Olivia Rodrigo, Stray Kids, Ariana Grande, and The Beatles
Adjusted EBITDA came in at €729 million ($838.7m), a margin of 21.5%, down from 22.0% in Q3 2025 but up on the 20.5% margin it posted in the prior quarter (Q2 2026) Source
10
MU
Business
Hayley Silvertown named Chief Legal and Business Affairs Officer at Create Music Group
In the role, Silvertown will oversee Create's legal and business affairs functions and partner with the executive team on strategic transactions, investments, and partnerships. Source
11
MU
World
Jared Gutstadt’s Audio Chateau Records secures up to $9M in Series A financing, with Poo Bear joining as strategic advisor
The company said the money will support the next phase of its artist-development model, which brings together record-label functions, content production, and commercial partnerships across sports, brands, live entertainment, and media. Source
12
MU
World
YouTube Music and Premium surpass 150 million subscribers globally
Google and Alphabet CEO Sundar Pichai disclosed the milestone on Wednesday (October 28) Source
13
MU
World
Primary Wave’s Larry Mestel receives City of Hope’s Spirit of Life Award, raising millions of dollars for cancer research
Stevie Nicks, Melissa Etheridge, and Jackson Browne performed at the event on Tuesday (October 27) at the Pacific Design Center in West Hollywood. Source
14
MU
World
Exclusive: Create Music Group now owns a minority stake in DistroKid
Create, supported by private capital backers Flexpoint Ford and Ares, made the investment earlier this year Source
15
MU
AIUnited Kingdom
After ‘AI bots’ swamp Raye’s London show sign-up, Sam Fender delays UK homecoming presale over ‘sophisticated bot attack’
Sam Fender postponed the presale for his two homecoming shows at Newcastle's St James' Park on Wednesday (October 28) Source