Music Business Worldwide’s latest weekly digest leads with a reported $11 billion arrangement between AI voice and audio company ElevenLabs and Universal Music Group, signaling continued deal-making at the intersection of generative AI and major label catalogs.
Also featured is a data breach affecting HYBE’s Weverse platform, the fan community app used by BTS and other label acts, raising fresh questions about data security across artist-fan engagement platforms.
The round-up compiles other notable developments from the past week across the recorded music and publishing sectors, part of MBW’s regular digest of industry news.
Read the full story at Music Business Worldwide.