Through the deal, artists will be able to value and protect their assets for future generations.
Latin increased 7% compared to the first half of 2023, led by paid streaming subscriptions.
The ABS is backed by a $5.1-billion catalog featuring songs by Genesis, Phil Collins, R.E.M., Carrie Underwood and Creed.
Called Luminate Index, the tool provides "influence scores" for artists based on five key areas, including streaming and social media footprints and public awareness.
The Toronto-based executive will work across MNRK offices in New York, Nashville, Toronto and the U.K.
The 20-company Billboard Global Music Index increased 0.4% to a record 1,964.44, bringing its year-to-date gain to 28.1%.
Also this week: Sarah McLachlan, Tom Cochrane, and Blue Rodeo songwriters Jim Cuddy and Greg Keelor join the Canadian Hall of Fame.
Also this week: New West Records goes on a promotion spree, Sony Music Publishing hires a new vp of creative and Armada Music appoints a head of catalog.
IMPALA, AIM and A2IM are accusing the powerful platform of trying to divide the independent sector by boycotting licensing talks with the organization.
During a panel at Thursday's Trapital Summit, the Venice Music founder said audiences soon "won’t care" whether they're watching a human or a hologram.
