Even as business boomed amid global streaming growth and the widespread return of live shows, the value of 20 companies on the Billboard Global Music Index fell 36.4% last year.
From emerging challenges like artificial intelligence to new forms of piracy, it's more important than ever for all stakeholders in the business to present a united front.
The case is the latest legal scuffle for the TikTok-like social media service, which is also embroiled in a similar fight with Sony.
"[SZA] wrote and sang these songs with her whole heart and mind and soul and pain and life and her whole being," says TDE chief Terrence "Punch" Henderson.
Signed by Sheryl Crow, John Mayer and many others, the letter warns that any opposition to the proposed new rule would be "a vote against songwriters.”
The new peer-voted award allows the music industry to participate in Billboard's Power 100 ranking of the most influential executives.
Also this week: A longtime senior executive of the Country Music Hall of Fame & Museum retires, Yuga Labs brings on a new CEO and more.
As Entravision chairman and chief executive, Ulloa oversaw a network of 47 radio stations and 55 TV stations.
Also this week in music publishing news: Sony Music Publishing hosts its first writing camp in West Africa, Lickd partners with WCM and more.
Voting for the inaugural Power Players' Choice Award begins Friday, Jan. 6.
