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Ace Frehley, legendary Kiss guitarist, dies at 74
NBC News· 2025-10-16 23:15
Kiss lead guitarist Ace Freely has died at the age of 74. His family releasing a statement late tonight. Freely didn't just shred on the guitar with Kiss.He's also known for his solo career, including songs like New York Groove. ...
Spotify moves further into AI music with Sony, Universal, Warner partnership
CNBC· 2025-10-16 15:41
Core Insights - Spotify is partnering with major music labels and agencies to develop responsible AI products, signaling a commitment to ethical AI in the music industry [1][2] - The company is making significant investments in AI research and product development, including establishing a new AI research lab and product team [1] - Spotify has already integrated AI features into its app, such as an AI DJ and AI Playlist, which personalize music experiences for users [3] Group 1: Partnerships and Investments - Spotify is collaborating with Sony Music Group, Universal Music Group, Warner Music Group, Merlin, and Believe to create AI products [1] - The company aims to add more rightsholders and distributors in the future, indicating a strategy to expand its partnerships within the music industry [2] Group 2: AI Development and Features - The co-president of Spotify highlighted that AI represents a significant technological shift, comparable to the smartphone, and is transforming music creation and experience [2] - Spotify's AI features, such as the AI DJ and AI Playlist, were introduced in beta in September, showcasing the company's proactive approach to integrating AI into its services [3] Group 3: Industry Concerns - The entertainment industry has raised concerns regarding the potential misuse of AI, particularly in relation to artist copyrights, amidst the rapid growth of AI technologies [3]
X @TechCrunch
TechCrunch· 2025-10-16 13:31
AI Development & Artist Rights - Spotify is partnering with major record labels (Sony, Universal, Warner, and Merlin) to develop "responsible AI" tools [1] - The AI initiative aims to protect artists' rights and ensure fair compensation [1] - Artists will have the option to opt in or out of the AI initiative [1]
Warner Music Group Corp. to Conduct Earnings Conference Call on Thursday, November 20, 2025
Businesswire· 2025-10-16 13:20
Core Insights - Warner Music Group Corp. will release its financial results for the fourth quarter and fiscal year ended September 30, 2025, on November 20, 2025, followed by an earnings conference call at 8:30 a.m. ET [1][6] Company Overview - Warner Music Group (WMG) operates in over 70 countries and includes a diverse range of renowned labels and a music publishing arm, Warner Chappell Music, which has a catalog of over one million copyrights [3][5] - The company focuses on artists, songwriters, and markets with the greatest potential while expanding its iconic catalog [5]
SC seeks response of Ilaiyaraaja's firm on Sony Entertainment's plea in copyright dispute
The Economic Times· 2025-10-15 08:12
Core Viewpoint - The Supreme Court is addressing a fresh copyright dispute initiated by Ilaiyaraaja Music N Management Pvt Ltd (IMMA) in the Madras High Court, following the dismissal of a similar case previously filed by Sony Music Entertainment in the Bombay High Court [1][8]. Group 1: Legal Proceedings - A fresh lawsuit has been filed by IMMA in the Madras High Court after the Supreme Court dismissed a previous case [1][8]. - The Supreme Court had previously dismissed a plea from Ilaiyaraaja to transfer a copyright dispute involving over 500 musical compositions from the Bombay High Court to the Madras High Court [2][8]. - Sony Music Entertainment is seeking an injunction to restrain IMMA from using 536 musical works, claiming it acquired the rights to these works through Oriental Records and Echo Recording [8][9]. Group 2: Arguments and Claims - Senior advocate Abhishek Singhvi, representing Sony Entertainment, argued that the ongoing dispute pertains to rights that the company had legitimately purchased [3][6]. - Singhvi emphasized that the fresh suit filed in Madras concerns "different films" from those involved in the Bombay proceedings, asserting that the cause of action is different in each case [7][8]. - The earlier transfer plea filed by IMMA had already been dismissed by the Supreme Court, indicating that the issues are already settled [6][8].
X @Forbes
Forbes· 2025-10-15 02:30
The Big Machine founder discovered the billionaire pop star when she was just a teenager. With the $450 million fortune he’s made, he now runs successful businesses in Nashville’s holy trinity of entertainment—music, racing and whiskey. https://t.co/yOl4g73Y8F (Photo: Jamel Toppin for Forbes) ...
Real-world assets are sparking the next big crypto gold rush
Yahoo Finance· 2025-10-14 20:22
Core Insights - The recent gatherings in Dallas and New York City, led by futurist Armando Pantoja, indicate a shift in the crypto conversation towards a more traditional investment audience, moving beyond early retail traders and tech insiders [1][2][5] - The events emphasized the integration of real-world assets (RWAs) into blockchain technology, focusing on risk management and long-term wealth building rather than speculative hype [2][4] Group 1: Event Overview - More than 1,500 attendees participated in the events, which were characterized by a more professional and financially established demographic compared to earlier crypto gatherings [1][5] - The discussions centered around how RWAs like property and private credit can be tokenized, highlighting practical infrastructure and utility in the crypto space [2][3] Group 2: Speaker Insights - Speakers addressed the evolution of real estate and the importance of building a strong wealth base, with an emphasis on using familiar asset classes to balance risk [3] - The cultural perspective was provided by Johnny Marines, who discussed the potential of blockchain in reshaping rights and royalties in the music industry, indicating a broader application of crypto beyond traditional finance [4] Group 3: Demographic Shift - The audience at these events was older, wealthier, and more connected to traditional finance, contrasting with the younger, risk-tolerant demographic of early crypto adopters [5][6] - This demographic shift could be pivotal for the crypto industry, as seasoned investors may bring larger capital and a focus on due diligence, potentially reshaping the growth trajectory of crypto by linking it to established wealth-building vehicles [6]
X @BBC News (World)
BBC News (World)· 2025-10-14 18:31
RT BBC Breaking News (@BBCBreaking)D'Angelo, Grammy-winning R&B and soul singer, dies aged 51 https://t.co/nX73XVH3TD ...
Wells Fargo ups rating on Warner Music as turnaround efforts drive growth (WMG:NASDAQ)
Seeking Alpha· 2025-10-14 17:59
Core Viewpoint - Wells Fargo upgraded Warner Music Group (NASDAQ: WMG) to "overweight" from "equal weight," indicating a positive outlook for the company's growth potential and its ability to benefit from strong underlying secular trends [3]. Group 1: Company Upgrade - The upgrade reflects confidence in Warner Music Group's capacity for growth to re-accelerate [3]. - The decision is based on the expectation that the company will capitalize on favorable market conditions [3]. Group 2: Market Trends - Warner Music Group is positioned to benefit from strong underlying secular trends in the music industry [3].
X @CNN
CNN· 2025-10-14 17:01
D'Angelo, the Grammy Award-winning R&B singer who became a legend of neo-soul music, has died at 51 https://t.co/5AgFe7ucsB ...